Hyperloop Technologies Gets A New CEO In Former Cisco Executive Rob Lloyd

Hyperloop Technologies, a startup aiming to commercialize Elon Musk's vision of 700mph pods hurtling people and goods all over the world through steel tubes, announced today that it’s naming former Cisco top executive Rob Lloyd as its new CEO effectively immediately. Lloyd was considered a front-runner to replace longtime Cisco CEO John Chambers, but lost out in the end to Chuck Robbins, himself a 17-year Cisco veteran. Hyperloop also today named former Snapchat COO Emily White to its board of directors.