SOURCE: Larkin Street Youth Services

Larkin Street Youth Services

February 17, 2011 13:07 ET

Larry Carter, Former Cisco Chief Financial Officer, Receives Hall of Fame Lifetime Achievement Award

Carter to Be Honored at the 6th Annual Bay Area CFO of the Year Awards Benefitting Larkin Street Youth Services

SAN FRANCISCO, CA--(Marketwire - February 17, 2011) -  The Independent Selection Panel of the Bay Area CFO of the Year Awards announced today Larry Carter, former senior vice president, Office of the Chairman and CEO, Cisco and former Cisco Chief Financial Officer, as the recipient of the 2011 Hall of Fame - Lifetime Achievement Award. Carter, along with the finalists and winners in six other CFO award categories, will be honored at the sixth annual Bay Area CFO of the Year Awards on June 1, 2011 at the Westin St. Francis Hotel in San Francisco.

The awards dinner is a sell-out event attended by prominent Bay Area business executives. All proceeds benefit Larkin Street Youth Services, the leading nonprofit providing housing, education, job assistance, medical and social services to homeless and at-risk youth in San Francisco.

Carter has made many contributions over his career, most notably while serving as a key executive at Cisco and providing guidance and leadership to others in the Bay Area finance community. He joined Cisco in January 1995 as Vice President of Finance and Administration, Chief Financial Officer and Secretary. In July 1997, he was promoted to Senior Vice President of Finance and Administration, Chief Financial Officer and Secretary. Carter was elected to the Cisco Board of Directors in July 2000. In May 2003, upon his retirement as Chief Financial Officer and Secretary, he was appointed Senior Vice President, Office of the Chairman and CEO. He retired from that position and from his employment with Cisco in November 2008. Before joining Cisco, he was employed by Advanced Micro Devices, Inc. as Vice President and Corporate Controller. Carter previously served as a director of QLogic Corporation, ending in 2008. Currently, Carter is a member of Cisco's Board of Directors, is a trustee and founder of the Cisco Foundation, and a member of the CHP's 11-99 Foundation Board of Directors dedicated to providing financial assistance and scholarships to support the families of California Highway Patrol.

"I am honored to receive this award and be recognized alongside Bay Area financial leaders and colleagues," said Carter. "I am particularly proud to participate in an event that supports the meaningful work that Larkin Street Youth Services provides in serving homeless and at-risk youth in the local community." 

Past recipients of the Hall of Fame - Lifetime Achievement Award are Robert P. Wayman, Hewlett-Packard Company; Peter A. Darbee, PG&E Corporation, Pacific Gas and Electric Company; Andy D. Bryant, Intel Corporation; Jeffrey O. Henley, Oracle; and Lou Lavinge, Genentech, Inc. 

Finalists for the Bay Area CFO of the Year will be announced in March and the Winners will be announced at the dinner and awards ceremony on June 1, 2011. Finalists and winners will be chosen by a blue ribbon independent Selection Panel comprised of business and academic leaders including: Alison Davis, Audit Committee Chair, LECG, Gamefly, Xoom, Silk Road Technologies, and InterAct 911; Mary Huss, Publisher, San Francisco Business Times; Rich Lyons, Dean, Haas School of Business, U C Berkeley; Byron Pollitt, CFO, Visa, Inc.; and Gideon Yu, General Partner, Khosla Ventures.

About The Bay Area CFO of the Year Awards
Now in its sixth year, The Bay Area CFO of the Year Awards is a partnership between the San Francisco Business Times and Larkin Street Youth Services. The event has raised nearly $2 million over the past five years to benefit Larkin Street Youth Services. Title Sponsors for the 2011 Bay Area CFO of the Year Awards are Comerica Bank and Deloitte.
www.cfoawards.org

About Larkin Street Youth Services
Founded in 1984, San Francisco's Larkin Street Youth Services is an internationally recognized leader providing innovative, effective housing, medical, social and educational services to at-risk homeless and runaway youth ages 12-24 across 25 programs and 13 sites. Seventy-six percent of youth who complete Larkin Street's comprehensive programs exit street life. For more information, please visit www.larkinstreetyouth.org.

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