John T. Chambers is known for turning Cisco Systems into a tech giant during his tenure as CEO from 1995 to 2015. Under his guidance, Cisco's revenue skyrocketed from $2 billion to $47 billion. He was also named Chairman of...

Number of Employees

84.9K

Year

2015

Total Compensation

$9.86M

Salary

$1.02M

Board Justification

Cisco's compensation philosophy emphasizes pay for performance, aligning executive compensation with company performance and shareholder interests.

Bonus

$0.00

Board Justification

No cash bonus was awarded for fiscal 2016 as Mr. Chambers does not participate in the EIP.

Other

$12.10K

Board Justification

This includes other compensation such as matching contributions under the 401(k) plan.

Restricted Stock

$8.83M(8.83M PRSUs)

Board Justification

The stock awarded in fiscal 2016, which includes performance-based restricted stock units (PRSUs) that vested based on company performance metrics.

Performance Metrics

The performance metrics for determining compensation included operating income, operating cash flow, and earnings per share (EPS).

SEC Filing

From October 24, 2016

John T. Chambers

Ex-CEO of Cisco Systems, Inc.

JT

Education

Bachelor's degree in Industrial Engineering from West Virginia University

Field of Expertise

Technology & Engineering - Engineering

Born

August 23, 1950 - 74 years ago

Is Founder?

No

Tenure

20 years 6 months (Jan 1995 - Jul 2015)

Previous Experience

Joined Cisco in 1991 as Senior Vice President, Worldwide Sales and Operations.