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Cisco Systems Inc., the $28.5 billion networking equipment producer based in San Jose, Calif., has appointed Frank Calderoni CFO. Calderoni, the former senior vice president of customer solutions finance, replaces Dennis Powell, who is retiring. Calderoni, 50, joined Cisco from QLogic Corp., where he was senior vice president and CFO. Prior to QLogic, he worked at SanDisk Corp. as the senior vice president of finance and administration and CFO. Prior to SanDisk, he spent 21 years with IBM Corp.

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