Cisco pays millions to the two executives that just resigned

As incoming Cisco CEO Chuck Robbins builds his own leadership team, he's making it worth it for executives of the old regime to turn in their resignations. The two top executives who announced their departures on Monday, COO Gary Moore, and president Rob Lloyd are getting millions of dollars in their exit package, plus a lot of stock, according to a regulatory filing to the SEC. 

Read Economic Times full report here.