Cisco Executive V.P. Daichendt Resigns

 

Cisco(CSCO Quote) said Gary Daichendt resigned from his post as executive vice president of worldwide operations.

The networking company said worldwide sales and manufacturing will continue to be led by Rick Justice, the senior vice president of the worldwide field operations group, and Carl Redfield, the senior vice president of the worldwide manufacturing operations group.

Cisco ended the Nasdaq regular session at $50.94, but fell to $49.44 in after-hours trading on the Island ECN.

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