David Holland is a 21st century treasurer. How can you tell? To start with, he sounds and acts like one. Treasurer of Cisco Systems Inc. since 2000, Holland no longer dwells on process or operations when he discusses his treasury. Rather, he focuses on new relationships and collaborations. His mandate is to create an “ecosystem,” one constructed around a “supply chain” of Cisco’s treasury, key departments within the company, its bankers and other financial services providers, and vendors. “At Cisco, we measure outreach and collaboration,” Holland says. “It’s part of our job, and our bonuses reflect how well we do it.”

It’s not that Holland doesn’t care about consolidating bank accounts or investing to get a bang out of his cash or how well his traders are hedging the euro. It’s just that these are no longer goals in and of themselves. At Cisco, it’s assumed that Holland will do all those things well. Holland’s focus, as well as the company’s, is what he does after he hones treasury into a well-oiled machine.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.