FILE PHOTO: A man passes under a Cisco logo at the Mobile World Congress in Barcelona, Spain February 25, 2019. REUTERS/Sergio Perez/ File Photo
(Reuters) -Cisco Systems said on Wednesday that its finance chief Scott Herren will retire from the company in July, and raised its annual results forecast, betting on steady demand from cloud customers for its networking equipment, driven by the artificial intelligence boom.
Herren will be replaced by Mark Patterson, currently Cisco's chief strategy officer, who will start as the CFO on July 27.
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