Duke - The Fuqua School of Business

News Release

Cisco Chairman John Morgridge to Address Business Ethics at Duke's Fuqua School

November 10, 2004

RALEIGH-John Morgridge, chairman of Cisco Systems, will discuss ethical issues facing Corporate America in a speech Thursday, Nov. 11 at Duke University's Fuqua School of Business.

"Ethics is an important part of leadership education. We must consciously strengthen the link between leadership and ethics. In our view, leadership without ethics is dangerous, while ethics without leadership can be ineffective," commented Sanyin Siang, managing director of the Fuqua/Coach K Center of Leadership & Ethics. We are pleased that John Morgridge will be sharing his perspectives and experiences to this important discussion."

After joining Cisco in 1988 as President and CEO, Morgridge grew the company from $5 million in sales to over $1 billion, and from 34 employees to over 2,260 employees. In 1990, he took Cisco public and in 1995 was appointed Chairman. Today, the company has more than $18 billion in revenues with nearly 36,000 employees operating in 65 countries. In his role as Chairman, Morgridge dedicates his time to Cisco's education and government initiatives. He also teaches part-time at Stanford University 's Graduate School of Business and speaks regularly on entrepreneurialism and management strategies at corporations and universities around the world.

This talk is especially addressed to Duke graduate and undergraduate students and a select group of business leaders. It is sponsored by the Fuqua/Coach K Center of Leadership & Ethics, the Kenan Institute for Ethics, the Association for Corporate Growth, and the Long View Leadership Initiative of the Self Knowledge Symposium.

Patti Gillenwater, CEO of Elinvar and President of the RTP Chapter of ACG, adds, "John Morgridge's record with Cisco, and the stories he has to share about maintaining an ethical culture within a rapidly growing company, are exactly what business leaders need to learn from today. We are excited to be a part of this important conversation."

About the Fuqua/Coach K Center of Leadership and Ethics (COLE).
The Fuqua/Coach K Center of Leadership & Ethics ( http://cole.fuqua.duke.edu) was established by Duke University's Fuqua School of Business (in collaboration with the Duke Athletics Department, and Kenan Institute for Ethics at Duke University) to advance leadership and ethics through research and education.

About the Kenan Institute for Ethics.
The Kenan Institute for Ethics ( http://kenan.ethics.duke.edu ) is a university-wide initiative at Duke University that supports the study and teaching of ethics and promotes moral reflection and commitment in personal, professional, community, and civic life.

About the Assocation for Corporate Growth.
Founded in 1954, the Association for Corporate Growth ( http://www.acg.org/rtp ) is the premier global association for professionals involved in corporate growth, corporate development, and mergers and acquisitions for mid to large companies. For 50 years, ACG members have focused on strategic activities that increase revenues, profits and, ultimately, stakeholder value.

About the SKS Long View Leadership Initiative.
The Long View Leadership Initiative is sponsored by the Self Knowledge Symposium ( www.selfknowledge.org ) to bring business leaders together to examine the intersection of ethics, business, and spiritual life.