Ex-Cisco President Lloyd Gets Way Cooler Job

Rob Lloyd, passed over as Cisco president in the spring, is moving on to a job heading up a company that isn't as big or influential as Cisco -- at least not yet -- but that might be way cooler.

Lloyd was named as CEO of Hyperloop Technologies, a company that wants to build a high-speed transport system based on tubes, inside which capsules move in partial vacuum at a top speed of 760 miles per hour. The tubes would link cities under 1,000 miles apart with high traffic between them. For example, a San Francisco/Los Angeles trip would take a half-hour by hyperloop,

Tesla and SpaceX founder (and James Bond supervillain) Elon Musk proposed the idea for the hyperloop in 2013. Hyperloop Technologies is one of several companies pursuing implementing the technology, none of which are affiliated with SpaceX or Musk.

Lloyd will create global partnerships as Hyperloop prepares to have a test track operational late next year or early 2017, for products that will be commercially viable by 2020.

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Hyperloop raised $10 million in Series A financing from investors including Formation 8, Sherpa Ventures, Zhen Capital, Caspian VC, David O. Sacks, and more. The company is now raising an $80 million Series B round.

Lloyd replaces co-founder Brogan BamBrogan as CEO; BamBrogan becomes CTO.

Lloyd quit Cisco Systems Inc. (Nasdaq: CSCO) in June after 21 years there after Charles Robbins was named CEO, replacing longtime CEO and chairman John Chambers. Prior to Robbins being tapped, Lloyd was looking like Chambers's successor, frequently appearing at Chambers's side in public appearances. At Cisco, Lloyd was president of sales and development and also led the company's Internet of Everything team, connecting manufacturing, smart cities, retail and other sectors in Cisco's Internet of Things strategy (See 2 Cisco Presidents Quit.)

— Mitch Wagner, Circle me on Google+ Follow me on TwitterVisit my LinkedIn profileFollow me on Facebook, West Coast Bureau Chief, Light Reading. Got a tip about SDN or NFV? Send it to [email protected]

COMMENTS Add Comment
danielcawrey 9/19/2015 | 3:11:46 PM
Re: It all sounded reasonable until 'Brogan BamBrogan' I would rather be heading up the Hyperloop than Cisco. 

Let's face it: the prospect of redefining travel is way cooler than figuring out how to sell more routers and switches. Over 700 miles an hour? I'd take that over worrying about constant M&A targets at Cisco. 
Mitch Wagner 9/17/2015 | 3:07:58 PM
Re: It all sounded reasonable until 'Brogan BamBrogan' Brogan, Bambi, and Ambro BamBrogan operate a business servicing skating rinks. It's called BamBrogan Zamboni. 

mendyk 9/17/2015 | 10:40:13 AM
Re: Proper youtube Cities in Europe, including Paris and Prague, built and operated pneumatic networks that predated teleophones. But you had to be really small to fit into the tubes.
PaulERainford 9/17/2015 | 7:24:11 AM
Proper youtube Didn't they use this system, or something like it, in Brazil, the Terry Gilliam dystopian-vision film? Will have to have a rummage for the DVD now...
[email protected] 9/17/2015 | 6:55:56 AM
It all sounded reasonable until 'Brogan BamBrogan' I was imagining this transoprt system and thinking about which sci-fi films had included something similar and then I got to 'Brogan BamBrogan' and then I started to wonder if it was April 1 and this was all a big joke.

But no. Not the name he was born with, but it is his name.

And his wife is called Bambi BamBrogan.

If they have a child, it will need to be called Ambro, whatever its sex.

OK, back to the real world...
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