Bringing Our Portfolio Together

The world around us is constantly changing, and organizations are adapting to meet the demands of an increasingly complex technology landscape. Our customers are looking to modernize their infrastructure, protect their organizations from cyber risks, and unlock the power of their data. With Cisco's leadership and broad portfolio across Networking, Security, Collaboration, and Observability, and the recent addition of Splunk, we are in a unique position to help customers connect and protect every aspect of their organizations in the era of AI.

Today, I shared that Jonathan Davidson has made the decision to step away from his current role leading Cisco Networking and will now serve as an advisor to me. With this, we are bringing our Networking, Security, and Collaboration teams together as one organization led by Jeetu Patel as he takes on an expanded role as Cisco's EVP and Chief Product Officer. As we move to complete the full integration of Splunk into Cisco, we also plan to integrate the Splunk product line into this new organization at the right time. This will bring our entire product portfolio together as one team.

This new organization will help us accelerate our product innovation and bring our portfolio together in a more integrated way than ever before. It will also allow us to provide a better, unified experience for our customers and partners, while delivering unique solutions to help them achieve their technology outcomes and drive business growth.

Since joining Cisco four years ago, Jeetu has led by example with his creative vision and intense focus on innovation and swift execution. Together with his team, he has worked tirelessly to transform and position Cisco's Security and Collaboration portfolios for success and growth.

Under Jeetu's leadership, we have seen increased growth in Security, and we're delivering on a true platform approach with Cisco Security Cloud. Earlier this year, we announced Cisco Hypershield, the most consequential security product in our 40-year history, to truly reimagine security for the age of AI. Jeetu has also returned the collaboration business to growth, and we've seen double-digit bookings growth in our devices business as a result of AI innovation and our open strategy that embraces competing meetings solutions in the market. He continues to champion innovation in generative AI across our security and collaboration offerings, bringing differentiated capabilities to Webex and driving the vision for a unified AI Assistant across Cisco. Jeetu's passion, intensity, sense of urgency, and fanatical focus on design and user experience position him well as the leader of this newly formed organization.

Jonathan has been pivotal to Cisco's success during his combined 22 years with the company. He believes deeply in the power of connection and has demonstrated care and commitment to his teams, Cisco's innovation and technology, and communities around the globe through his passion for providing digital access for all. We are grateful for his many years of leadership.

Further uniting our product teams is an important step toward unification and simplification and will ultimately lead to even stronger technology outcomes for our customers and partners. Our portfolio is coming together in new ways to help solve some of the world's most pressing challenges. Looking ahead, I'm optimistic about the future and confident in Cisco's ability to capture the massive opportunities in front of us as we deliver even greater value for our customers and partners.

I look forward to continuing to partner with Jeetu in this new, expanded role, and I thank Jonathan again for all he has done for Cisco, our customers, and our communities.

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