Cisco 2015 Annual Report Download - page 22

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The industry in which we compete is characterized by rapidly changing technology, a large number of patents, and frequent
claims and related litigation regarding patent and other intellectual property rights. There can be no assurance that our patents and
other proprietary rights will not be challenged, invalidated, or circumvented; that others will not assert intellectual property rights
to technologies that are relevant to us; or that our rights will give us a competitive advantage. In addition, the laws of some
foreign countries may not protect our proprietary rights to the same extent as the laws of the United States. The risks associated
with patents and intellectual property are more fully discussed in “Item 1A. Risk Factors,” including the risk factors entitled “Our
proprietary rights may prove difficult to enforce,” “We may be found to infringe on intellectual property rights of others,” and
“We rely on the availability of third-party licenses.”
Employees
Employees are summarized as follows:
July 25, 2015
Employees by geography:
United States ............................................................................................... 36,222
Rest of world ............................................................................................... 35,611
Total ........................................................................................................ 71,833
Employees by line item on the Consolidated Statements of Operations:
Cost of sales (1) .............................................................................................. 17,186
Research and development .................................................................................. 22,542
Sales and marketing ......................................................................................... 24,762
General and administrative .................................................................................. 7,343
Total ........................................................................................................ 71,833
(1) Cost of sales includes manufacturing support, services, and training.
We consider the relationships with our employees to be positive. Competition for technical personnel in the industry in which we
compete is intense. We believe that our future success depends in part on our continued ability to hire, assimilate, and retain
qualified personnel. To date, we believe that we have been successful in recruiting qualified employees, but there is no assurance
that we will continue to be successful in the future.
Executive Officers of the Registrant
The following table shows the name, age, and position as of August 31, 2015 of each of our executive officers:
Name Age Position with the Company
Charles H. Robbins ............ 49 Chief Executive Officer and Director
John T. Chambers .............. 66 Executive Chairman
Mark Chandler ................. 59 Senior Vice President, Legal Services, General Counsel and Secretary, and Chief
Compliance Officer
Chris Dedicoat ................. 58 Executive Vice President, Worldwide Sales
Rebecca Jacoby ................ 53 Senior Vice President and Chief of Operations
Kelly A. Kramer ............... 48 Executive Vice President and Chief Financial Officer
Pankaj Patel .................... 61 Executive Vice President and Chief Development Officer, Global Engineering
KarenWalker .................. 53 Senior Vice President and Chief Marketing Officer
Mr. Robbins has served as Chief Executive Officer since July 2015 and as a member of the Board of Directors since May 2015.
He joined Cisco in December 1997, from which time until March 2002 he held a number of managerial positions within Cisco’s
sales organization. Mr. Robbins was promoted to Vice President in March 2002, assuming leadership of Cisco’s U.S. channel
sales organization. Additionally, in July 2005 he assumed leadership of Cisco’s Canada channel sales organization. In December
2007, Mr. Robbins was promoted to Senior Vice President, U.S. Commercial, and in August 2009 he was appointed Senior Vice
President, U.S. Enterprise, Commercial and Canada. In July 2011, Mr. Robbins was named Senior Vice President, Americas. In
October 2012, Mr. Robbins was promoted to Senior Vice President, Worldwide Field Operations, in which position he served
until assuming the role of Chief Executive Officer.
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