Cisco appoints Peter Shimer to Board, replaces departing director Daniel Schulman

Filed April 6, 2026 · Period ending March 31, 2026 · ~1 min read

Key Changes

• medium

  Peter A. Shimer appointed to Cisco's Board effective April 6, 2026, and named to Audit Committee with independent director status under Nasdaq rules.

  Item 5.02 verify on EDGAR →
• low

  Daniel H. Schulman resigning from Board effective May 21, 2026, citing time demands of his new role as CEO of Verizon Communications—departure is routine and not related to any dispute.

  Item 5.02 verify on EDGAR →
• low

  Shimer receives standard director compensation: pro-rated $105,000 annual cash retainer plus Audit Committee fees and equity award valued at pro-rated portion of $270,000.

  Item 5.02 verify on EDGAR →