Chambers Says CISCO Systems Will Probably Split Roles for Successor

John Chambers, Chairman and Chief Executive Officer of the biggest maker of networking equipment Cisco Systems, Inc  (NASDAQ:CSCO) said his successor probably won’t immediately hold both roles. In his television interview with Bloomberg Television’s “In The Loop” with Betty Liu, John Chambers outlined his plans to step down, the company’s succession plan and how the CEO and Chairman roles would be handled with his successor. He indicated that it would be appropriate to split the positions when there is a new CEO and Cisco Systems, Inc. (NASDAQ:CSCO) would probably do that when his succession happens for a couple of years. With…