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-0.000124285359184752 -0.000807854834700444 6.21426795922875E-05 0.00105642555306977 0.00167785234899318 0.00111856823266206 -0.00149142431021631 0.00198856574695497
Stock impact report

Cisco Adds Pete Shimer To Board As AI Infrastructure Story Builds [Yahoo! Finance]

Cisco Systems, Inc. (CSCO) 
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Cisco Systems appointed former Deloitte executive Pete Shimer to its board of directors. Shimer previously served as Deloitte's COO, CFO, interim CEO, and on multiple public company boards. The appointment comes as Cisco focuses on providing critical infrastructure for the AI era. Cisco Systems, NasdaqGS:CSCO, recently added Pete Shimer to its board at a time when the company is drawing attention for its share performance and role in core networking and AI related infrastructure. The stock closed at $80.44, with returns of 4.4% over the past week, 51.2% over the past year, and 80.0% over the past five years. For long term investors tracking large cap technology names, this governance change comes on top of a multiyear share move. For readers watching how large tech companies are positioning for AI related workloads, Shimer's background in enterprise transformation and digital initiatives may be an important detail. His experience in large scale operations and board oversight Show less Read more
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