Cisco Systems Announces Executive and Director Changes

Ticker: CSCO · Form: 8-K · Filed: 2025-06-09T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, executive-appointments, board-changes

Related Tickers: CSCO

TL;DR

Cisco's board and exec team got a refresh on June 5th. Watch for new strategies.

AI Summary

On June 5, 2025, Cisco Systems, Inc. filed an 8-K report detailing changes in its executive and director roles. The filing includes the election of new directors and appointments of certain officers, alongside updates on compensatory arrangements for key personnel. Specific details regarding the individuals involved and the exact nature of the compensatory arrangements were not fully elaborated in the provided text but are central to the report's purpose.

Why It Matters

Changes in board composition and executive appointments can signal shifts in company strategy, governance, and future direction, impacting investor confidence and operational focus.

Risk Assessment

Risk Level: low — The filing reports routine corporate governance changes and executive appointments, which typically carry low inherent risk.

Key Players & Entities

FAQ

What specific changes were made to Cisco's board of directors?

The filing indicates the election of directors, but the specific names and number of directors elected are not detailed in the provided text.

Were there any new appointments to key officer positions?

Yes, the filing mentions the appointment of certain officers, but their names and specific roles are not provided in the excerpt.

What is the nature of the "Compensatory Arrangements of Certain Officers" mentioned?

The filing notes that compensatory arrangements for certain officers are part of the report, but the details of these arrangements are not specified in the provided text.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on June 5, 2025.

What is Cisco Systems, Inc.'s principal executive office address?

Cisco Systems, Inc.'s principal executive office is located at 170 West Tasman Drive, San Jose, California 95134-1706.

From the Filing

0000858877-25-000046.txt : 20250609 0000858877-25-000046.hdr.sgml : 20250609 20250609164523 ACCESSION NUMBER: 0000858877-25-000046 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20250605 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250609 DATE AS OF CHANGE: 20250609 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CISCO SYSTEMS, INC. CENTRAL INDEX KEY: 0000858877 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] ORGANIZATION NAME: 06 Technology EIN: 770059951 STATE OF INCORPORATION: DE FISCAL YEAR END: 0726 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39940 FILM NUMBER: 251034735 BUSINESS ADDRESS: STREET 1: 170 WEST TASMAN DR CITY: SAN JOSE STATE: CA ZIP: 95134-1706 BUSINESS PHONE: 4085264000 MAIL ADDRESS: STREET 1: 170 WEST TASMAN DR CITY: SAN JOSE STATE: CA ZIP: 95134-1706 FORMER COMPANY: FORMER CONFORMED NAME: CISCO SYSTEMS INC DATE OF NAME CHANGE: 19920703 8-K 1 csco-20250605.htm 8-K csco-20250605 false 0000858877 0000858877 2025-06-05 2025-06-05 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 8-K ___________________________________ CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 5, 2025 ___________________________________ CISCO SYSTEMS, INC. (Exact name of registrant as specified in its charter) ___________________________________ Delaware (State or other jurisdiction of incorporation) 001-39940 (Commission File Number) 77-0059951 (IRS Employer Identification No.) 170 West Tasman Drive , San Jose , California 95134-1706 (Address of principal executive offices) (Zip Code) ( 408 ) 526-4000 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) ___________________________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.001 per share CSCO The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company     ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    ☐ Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Compensatory Arrangements of Certain Officers On June 5, 2025, the Compensation and Management Development Committee of the Board of Directors of Cisco Systems, Inc. (“Cisco”) approved an equity award for Mark Patterson in connection with his appointment as Executive Vice President, Chief Financial Officer of Cisco, as previously disclose

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