This August, Cisco CEO John Chambers will turn 65 years old.
In the 18 years Chambers has been running the company, he has continually talked about and put off his retirement.
Last year, he got tongues wagging again. Chambers said he would stay for two to four more years, meaning he wouldn’t leave any earlier than 2014, and maybe not until 2016. And at that point, we’ll see.
He’s not the only ageing CEO of a major tech company pushing back retirement. EMC’s Joe Tucci, who is 65 years old, was scheduled to retire last December, but then didn’t. At this point, he’s just planning on sticking around in the corner office indefinitely.
But evidence is mounting that Chambers might really be ready to go. He has publicly said that there are about 10 candidates within Cisco that could take over. But the scuttlebutt within Cisco is that 18-year veteran Rob Lloyd, president of development and sales, will be the one, a former Cisco employee told us.
Clues are mounting that Lloyd is being groomed for the chief executive position.
For instance, last month at the company’s annual partner conference in Boston, Chambers towed Lloyd and COO Gary Moore into a Q&A-style press conference, reports Chris Gonsalves at Channel Nomics. Moore is also among the front-runners for the COO job.
At the press conference, a reporter asked if Chambers would like to live to age 300.
“Sure, of course,” the CEO replied. “As long as I can play golf … and I can watch these guys run the company.”
Later this month at Cisco’s big customer conference, Cisco Live, Lloyd will be trotted out for the keynote on the second day of the event, a spot usually occupied by Cisco CTO Padmasree Warrior. Warrior’s name is also bandied about as a possible successor, though insiders at Cisco think she’s a longshot.
Also later this month, Lloyd is hosting a global Webcast where he’ll talk more about the $14 trillion market Cisco sees coming thanks to a concept known as the Internet of Things (which Cisco calls the Internet of Everything).
So, clearly, Cisco is showing Lloyd off as a spokesperson and a leader.
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