BradReese.Com Cisco Hardware Quotes Call Toll Free 877-549-2680 or 828-277-7272

Home About Repair Power Supplies Refurbished Blog Quick Links Site Map Contact Us

Brad Reese speaks out
Learn more about Brad Reese...


Power Supplies

VoIP Gateways

Cisco Repair

Refurbished Cisco

Cisco CPQRGs

New Cisco

New HP ProCurve

Cisco Tools

Competitive Lab Tests

Tech Forums

How-to Tutorials

CCIE Gossip


View archive of Brad Reese speaks out

Subscribe to Bloggers speak out on BradReese.Com

Cisco failure Ned Hooper is now mouseketeering with Centerview Capital

Ned Hooper's failure at Cisco has him mouseketeering with the #1 consumer brand squanderer, Jim Kilts.

Hummelstown, PA:   Wed, 1/9/12 - 3:05pm    View comments

Ned Hooper

Gee 6-months ago, Cisco CEO John Chambers (ranked as the #1 COC by Financial Times this week) blogged:

"Ned Hooper will be leaving the immediate Cisco family to form an independent investment partnership company and to pursue his goal to be a principal investor. Ned has been working on his plan with us over a number of months, and we look forward to partnering with him in his new endeavor. Ned has a unique passion and skill for investment and strategy, and will focus on this in the next phase of his career."

Well, based on Hooper's LinkedIn Profile, it certainly doesn't look like he's had much success starting his own "independent investment partnership company." I mean, it appears over the past 6-months that Ned Hooper has actually been mouseketeering with perhaps the #1 consumer brand squanderer, Jim Kilts (at least in my opinion).

What a small world, as it was only 10-years ago that I helped defeat Rick Lenny (a well-known protege of Jim Kilts, "Rick Lenny, CEO of Hershey, who worked for Kilts at both Kraft and Nabisco, still calls him for business advice"), when Lenny tried to sell Hershey to Bill Wrigley for $12.5 billion.

My cousin Robert Reese was on the losing end of the stick against another Jim Kilts' protege, Dave West, also a former CEO of Hershey:

Hershey Meltdown Looms After Cadbury Clash With Trust

Jim Kilts' protege Dave West stripped from Hershey shareholders untold billions of future wealth, here's my take on it:

Hershey - Cadbury - David West - Robert Reese

Not surpisingly, Centerview Partners advised Kraft in the Cadbury deal and then obviously appointed Hershey CEO Dave West as the new CEO of Del Monte (a Centerview Capital portfolio company) as West's "reward" for killing the Hershey/Cadbury deal.

So in summary, Jim Kilts and his proteges Rick Lenny and Dave West can't create long-term shareholder wealth without selling the company their gutting, and in that regard both Ned Hooper and Jim Kilts are actually superbly perfect for each other!

Finally an interesting tidbit, I directly contacted Centerview Capital earlier today and it could offer no explanation as to why Ned Hooper is not mentioned on its website (note: I've confirmed that Centerview Capital's David Hooper is not related to Ned Hooper).

Related document:

Hershey's former CEO Rick Lenny was an adviser to Centerview

Obviously, no conflict of interest when considering that Centerview represented Kraft in its bidding war against Hershey for the purchase of Cadbury.

Also keep in mind that the time frame in Ned Hooper's LinkedIn Profile obviously indicates that Hooper was working for Centerview while simultaneously Hooper was working for Cisco doing the NDS deal in which Centerview was advising Cisco, smells fishy to me.

Related story:

Why Cisco's Board of Directors should be replaced

What's your take?

Contact Brad Reese

Subscribe to Bloggers speak out on BradReese.Com

Brad's Favorite Story Picks

  1. Cisco CEO John Chambers ranked by Financial Times as #1 Chief Obfuscation Champion (COC)
  2. BradReese.Com has moved to Hummelstown, PA
  3. How will traffic visibility play a role in Software-Defined Networking (SDN)? - Mike Patterson
  4. Never Mind Your Suppliers.... Are YOU Ready for SDN? - Mark Leary
  5. Unconfirmed rumor: Belkin to purchase Cisco Linksys division
  6. Wisenheimers at Cisco? - Anonymous
  7. Wow, there appears to be a Cisco talent sham - Anonymous
  8. ZTE's State of the Art Trusted Delivery Model
  9. 5 keys to successful enterprise NetFlow deployments - Mike Patterson
  10. Discrepancies found in Cisco's Q1'FY13 vs. Q1'FY12 net product sales
  11. Cisco's Q1'FY13 switching, routing, collaboration and other revenue declined year-over-year (YOY)
  12. An open letter to Cisco CEO John Chambers got results
  13. Former Cisco RTP employee and CCIE Voice #13747, Brad Cooper, appeals first degree murder conviction
  14. Cisco's Odd Johnny is out!
  15. Cisco internal email vows to hunt down the sources of confidential memo leaks to Brad Reese
  16. Cisco's salesforce is now compensated on profit contributions, not just bookings
  17. New book on NetFlow and IPFIX - Mike Patterson
  18. Cisco internal email addresses $100 million overcharge on $22 million California State University RFP
  19. Cisco's lead smart guy and rock star, David Meyer, jumps ship for Brocade
  20. View the archive of Bloggers speak out on BradReese.Com
blog comments powered by Disqus

CCIE available Metro DC

Supplement Cisco SMARTnet Contracts


©2013 BradReese.Com - Home - About - Repair - Power Supplies - Refurbished - Blog - Quick Links - Site Map - Contact Us