Skype Taps Cisco Exec as New CEO

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Skype has hired Tony Bates as its CEO away from Cisco where he served as general manager of its enterprise, commercial and small business division.

Oct 4 (Reuters) - Internet telephony provider Skype said on Monday that Tony Bates, a senior executive of Cisco Systems (NASDAQ: CSCO) would become the top executive at Skype, which is planning an initial public offering.

Skype, which is partly owned by eBay (NASDAQ: EBAY), said that the company's Chief Financial Officer Adrian Dillon would act as interim CEO until Bates joins the company later this month.

Bates, who has to relocate from California to Luxembourg where Skype has its headquarters, is switching from his role as general manager of Cisco's enterprise, commercial and small business division.

At Cisco, Bates reported to Chief Executive John Chambers and was responsible for $20 billion of annual revenue and managed over 12,500 employees around the world. (Reporting by Sinead Carew; editing by Leslie Gevirtz)