News Summary:
- Former Home Depot CFO Carol B. Tomé nominated for election to Cisco Board of Directors.
- Steven M. West to retire from Cisco Board after 23 years of service.
- Nine current Cisco board members nominated for election at 2019 Annual Meeting of Shareholders.
SAN JOSE, CA - October 17, 2019 - Cisco today announced that Carol B. Tomé has been nominated for election to its Board of Directors at the company’s Annual Meeting of Shareholders on December 10, 2019. Current board member Steven M. West will be retiring at the end of his term on the date of the annual meeting. “Carol is a highly respected leader who played a pivotal role in increasing shareholder value during her tenure at Home Depot,” said Cisco Chairman and CEO Chuck Robbins. “We are excited to have her join our board and look forward to working closely with her as we continue to transform our business.” Robbins continued, “I also want to sincerely thank Steve for his significant contribution to our board over the past 23 years. I deeply appreciate his partnership, friendship and dedication to Cisco.” Tomé, 62, served as Home Depot’s chief financial officer from May 2001 and executive vice president, Corporate Services from January 2007 until her retirement in August 2019. During her 24 years at Home Depot, Tomé also served as senior vice president of Finance and Accounting/Treasurer, and as vice president and treasurer. Prior to joining Home Depot, Tomé was vice president and treasurer of Riverwood International Corporation. Tomé serves as a director of United Parcel Service, Inc. Current Cisco directors that have also been nominated for election are: M. Michele Burns; Wesley G. Bush; Michael D. Capellas; Mark Garrett; Dr. Kristina M. Johnson; Roderick C. McGeary; Charles H. Robbins; Arun Sarin; and Brenton L. Saunders.
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Additional Information and Where to Find It Cisco Systems, Inc. (“Cisco”) plans to file a proxy statement and accompanying solicitation materials with the Securities and Exchange Commission (the “SEC”) in connection with the solicitation of proxies for its 2019 Annual Meeting of Shareholders (the “Annual Meeting”). The proxy statement will contain important information about Cisco, the Annual Meeting, and related matters.
Shareholders are urged to read the proxy statement and the accompanying solicitation materials when they become available because these documents will contain important information. Cisco, its directors, and certain of its executive officers and other agents may be deemed to be participants in the solicitation of proxies from its shareholders in connection with the Annual Meeting. Information regarding the names of Cisco’s directors, nominees, and executive officers and their respective interests in Cisco is set forth in Cisco’s annual report on Form 10-K filed with the SEC on September 5, 2019 and will be set forth in the proxy statement and accompanying solicitation materials and in their respective Statements of Changes in Beneficial Ownership on Form 4 filed with the SEC after the date of the proxy statement. These documents (when they become available), are available free of charge on the SEC’s website at
www.sec.gov or by visiting Cisco’s Investor Relations website at
investor.cisco.com.
