Brief: Cisco Reports Strong Q4, Loses Key Exec

FRAMINGHAM (08/11/2000) - Cisco Systems Inc. this week topped Wall Street's expectations for its fourth fiscal quarter, reporting a 69 percent increase in net income and revenue growth of 61 percent for the three-month period that ended last month. But Cisco also said Donald Listwin - one of the San Jose-based company's two executive vice presidents and previously a potential successor to CEO John Chambers - is leaving to become president and CEO of a wireless and Internet communications software vendor being formed through a merger of start-ups Inc. and Inc.

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