Long-standing Cisco chief executive John Chambers is stepping aside and taking on an executive chairman role, and will be replaced by Chuck Robbins.
Robbins has been at Cisco for 20 years and said that he is excited about taking over the company. He will assume the role officially in late July.
“I am focused on accelerating the innovation and execution that our customers need from us. Their success will continue to drive us," he said.
"At a time when our industry is on the cusp of more disruption than we’ve ever encountered, I couldn’t be more confident in our ability to win, or more honoured to lead this great company.”
The company welcomed the announcement on Twitter, urging people to follow the new leader's account.
Chambers welcomed his successor and the opportunities that he offers the company.
"This is the perfect time for Chuck Robbins to become Cisco's next chief executive. We've selected a very strong leader at a time when Cisco is in a very strong position," he said.
"Today's pace of change is exponential. Every company, city and country is becoming digital, navigating disruptive markets, and Cisco's role in the digital transformation has never been more important."
Chambers added that Robbins will bring about changes that the firm and the industry needs.
"Our next CEO needs to thrive in a highly dynamic environment, to be capable of accelerating what is working very well for Cisco, and disrupting what needs to change," he said.
"Chuck knows every Cisco segment, technology area and geography, and will move the company forward with the speed required to capitalise on the opportunities in front of us.
"He is a champion of the Cisco culture and has an incredible ability to inspire, energise and connect with employees, partners, customers and global leaders."
Chambers joined Cisco in 1991 and became chief executive in 1995. Robbins joined the firm in 1997.
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