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CNBC Global CFO Council

Frank Calderoni, Cisco Systems, Inc.

Source: Cisco

Frank Calderoni is executive vice president and chief financial officer (CFO) at Cisco Systems, managing the financial strategy and operations of a company with more than 72,000 employees and total revenue for fiscal year 2012 of $46 billion. Calderoni is committed to maximizing long-term shareholder value, ensuring a balanced portfolio of growth initiatives, and maintaining the high level of integrity and transparency for which Cisco is known.

Previously as Cisco's senior vice president, customer solutions finance, Calderoni was able to bring about profitable growth, disciplined decision making, and transparency in Cisco's reporting. He led the efforts to create and define the value chain for the sales and services model from which organization, staffing, compensation plans, targets, territory definition, and sales goals could be derived. He was responsible for the decision support model on investments related to sales, services, and marketing, including acquisitions.

Calderoni joined Cisco in 2004 from QLogic Corp., where he was the senior vice president and CFO. Prior to that, he was the senior vice president, finance and administration, and CFO for SanDisk Corp. Previously, he spent 21 years at International Business Machines and was promoted to vice president prior to taking on two CFO roles. While at IBM, he held controller responsibilities for several divisions, including global small business, storage systems, and the IBM server group.

Calderoni holds a bachelor's degree in accounting and finance from Fordham University and a Master of Business Administration degree in finance from Pace University. He sits on the board of directors for Adobe Systems.



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