Cisco (NASDAQ: CSCO) announced today that R. Scott Herren will join the company as executive vice president and chief financial officer on December 18, 2020. Herren will succeed Kelly Kramer who will retire after serving nine years with Cisco. Herren will report directly to Cisco Chairman and Chief Executive Officer Chuck Robbins.
“I want to thank Kelly for her tremendous contributions to Cisco and for the role she has played in shaping our business towards more software and subscription offers and setting the foundation for our future success. She has been an incredible partner, leader and friend and we wish her the best in her retirement,” said Robbins.
“I am excited for Scott to join the Cisco executive leadership team. With a background in software, Scott will be instrumental in helping us accelerate our shift towards a software-based business model. Scott’s experience operating in complex global environments and proven track record of profitable business growth, prudent financial controls and building winning teams will be a tremendous addition to Cisco,” Robbins added.