Canadian-born James Richardson has been given a major promotion at Cisco with his appointment as senior vice-president of commercial business (a newly-created position), which focuses on the fast-growing small and medium-size businesses - a market which Cisco sees as its most significant growth opportunity over the next three to five years. Richardson had been Cisco's chief marketing officer for the past four years. The 16-year Cisco veteran will be succeeded as CMO by Susan Bostrom.
Update: Light Reading takes a look at the tenuous nature of being a CMO for a telecom equipment maker.