After Gary’s announced departure and the incredible quarter $CSCO had, you have to assume J2 is being considered as the successor CEO.
Thoughts?
21 replies (most recent on top)
Who here is still deluded enough to think Cisco is manageable? Cisco has no development skills and acquisitions are now sufficiently complex that you need development skills to integrate them. That lack of skill is throughout Cisco, not just the ELT.
I'm not at Cisco anymore. But folks I know is Sales said GS was a big dud, didn't have the juice. Maybe the talk and the hype (of GS) didn't match the product.
I think Gary may come back when Chuck announces his departure
I didn't like J2 since the Day 1 and his first email. It was obvious what kind of "leader" he was. For some reason, Chuck is infatuated with him and J2 climbed up the ladder.
While I think J2 is a disaster, I'm afraid that it is very possible for him to become next Cisco CEO. That will lead company not to its fall, but to crash.
Alternative to this is if they find an external candidate, but it won't guarantee that that other person will be a good choice either.
Would make sense if more offshore moves are planned as well.
Same trajectory as Trump
What has G2 done? His water pipe presentation was the d-mbest thing I have ever seen and reveals he does not understand the business of infrastructure at the level of the decision makers in our line of business. He’s a car salesman…. And not a good one. Losing Gary was big.
G2 has an arm clock that is right 2 times a day
God help us from his Adderall fueled nonsense rambling presentations
He's another prime example of Peter's principle. He hires sycophants that always agree with him, no matter how id--tic what he says is. He's let competition win in every market segment. He's also let go good, smart folks that dared confront him. Another clueless insecure ELT member.
What has J2 delivered other than a bunch of hot air, PPT and vaporware? Hypershield? Hyper Security? Just a bunch of nothing. I wish him no harm personally but the guy is a clueless politician just like the rest of the useless ELT.
if the patel that is jeetu is made ceo, cisco can be sure it will run to the ground.
@OP is correct.
You can be angry all you want, the analysis is a accurate.
“Incredible“ is just the right word to explain the recent earnings. Excluding Splunk, revenue is down 1% and orders are up 11% YoY. Q2FY24 was really bad so these 11% are not good but just recovery. Orders are not broken down to business lines or whatever they call it. Revenue growth excluding Splunk (Security and Observability) is in the single digits, negative in Networking which is the biggest chunk. Product Orders are driven by Service Provider & Cloud, the most volatile customer segment. I don‘t see how this is related in any kind to what Jeetu says or does. It simply shows that the Splunk acquisition was strategic in a way that it makes Cisco‘s earnings look much better than they are. Cisco spent $28bn to look healthy, which is reflected in the stock price, so you could argue that was money well spent. Earnings will get interesting once a full year after Splunk acquisition is in the books. Probably that is a good time for the Chuckster to retire, delivering a great excuse for his successor for another series of bad quarters.
Jeetu will never be CEO because he is a product guy, and not even a good one. Cisco CEO role requires financial engineering plus a simplistic story for shareholders (“our customers are busy installing the gear they have bought over the last couple of quarters, that‘s why our orders are down“). My guess is that they will bring in some second row person from Microsoft, Google, or AWS, or someone from the Service Provider world.
maybe
there will also be pressure to bring in an external candidate from a tier-1 tech co, if only for optics
Listening to J2 reminds me of the time when I went to the auto dealership to buy a new car. The smooth talking salesman sold me on a vision of how the car was more than just a car. He said the car was an innovation that has features making it safe and is a "smart" car that will never give you problems. He told me the car had innovative features making it intelligent and a "smart" buy. Six months later when I realized those features rarely worked. I found myself trying to get a refund using the "lemon law". When I went back to the dealership I discovered that the guy who sold me my car had been promoted. I guess BS helped him climb the "ladder". Yea, I learn my lesson! When a salesman stacks it on too deep, don't get fool it really does stink!
Cisco could fully embrace DEI by appointing Sam Brinton, the former senior Department of Energy official best known for stealing luggage, as CEO.
conman or narcissist... same thing at cisco
Yep. Another conman
He successfully pushed out GR, TN, JK, and JD not bad for a non-technical story teller.
Seems correct