John Chambers (CEO)
| John T. Chambers | |
|---|---|
 Chambers at the World Economic Forum Annual Meeting in 2013 |
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| Born | August 23, 1949 Cleveland, Ohio, USA |
| Residence | Los Altos Hills, California, USA |
| Alma mater | West Virginia University Indiana University Duke University |
| Occupation | CEO and Chairman of the Board of Cisco Systems |
| Salary | $3.36 million USD in (2011)[1] |
| Spouse(s) | Elaine Chambers |
| Children | Lindsay Chambers John Chambers |
| Website | |
| cisco.com | |
John T. Chambers (born August 23, 1949) is Chairman of the Board and CEO of Cisco Systems, Inc.
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Early life [edit]
Chambers was born on August 23, 1949 in Cleveland, Ohio to John Tuner "Jack" and June Chambers.[2] His mother was a psychiatrist and his father was an obstetrician.[3] The family resided in Kanawha City, West Virginia.[4]
When Chambers was nine years old, he was diagnosed with dyslexia.[5] Aided by a therapist, Chambers learned to cope with his disability.[4]
Education [edit]
He holds a bachelor of science / bachelor of arts degree in business and a law degree from West Virginia University and a master of business administration degree in finance and management from Indiana University.[6] Previously, he also attended the School of Engineering at Duke University from 1967 to 1968.[7]
Career [edit]
After obtaining his MBA, Chambers began his career in technology sales at IBM. After six years, he moved to Wang Laboratories. There, he became the Vice President of U.S. Operations in 1987. He then left Wang in 1991 and joined Cisco.[8]
Chambers joined Cisco in 1991 as senior vice president, Worldwide Sales and Operations.[6] Since January 1995, when he assumed the role of CEO, the company has grown from $1.2 billion in annual revenues to its current run-rate of approximately $40 billion.[9] In November 2006, he was named Chairman of the Board, in addition to his CEO role.[10]
Chambers served on the Board of Directors of myCFO.
Personal [edit]
Chambers and his wife Elaine have two children, Lindsay and John.[11]
Political Contributions [edit]
Chambers has made political donations totaling over $180,000 to the Democratic Party and over $1,000,000 to the Republican Party.[12] He served as a co-chair in Republican John McCain's 2008 presidential bid.[13]
Since 2010 Chambers has also served as a Commissioner for the Broadband Commission for Digital Development, which leverages broadband technologies as a key enabler for social and economic development.[14]
Awards [edit]
Chambers has received various awards and honors for corporate philanthropy.
- CNN's Top 25 Most Powerful People
- Time Magazine's "100 Most Influential People"
- Clinton Global Citizen Award
- U.S. State Department Top Corporate Social Responsibility Award
- Woodrow Wilson Award for Corporate Citizenship
- 2009 Silicon Valley Education Foundation Pioneer Business Leader Award
- 2012 Franklin Institute's Bower Award for Business Leadership[15]
Compensation [edit]
- 2009 - Total compensation of $12,788,498, which included a base salary of $375,000, a cash bonus of $2,031,000, stocks granted of $10,372,500, and other compensation worth $9,998.[16]
- 2008 - Total compensation of $18,767,149, which included a base salary of $375,000, a cash bonus of $3,002,802, stocks granted of $6,442,000, and options granted of $8,938,260.[17]
- 2007 - Total compensation of $12,801,773, which included a base salary of $350,096, a cash bonus of $3,500,000 and options granted of $8,944,000.[18]
Books [edit]
Chambers is mentioned in books about his management and leadership style.
- John Chambers and The Cisco Way (Waters, John K., Wiley, 2002) ISBN 978-0-471-00833-0
- The Eye of the Storm: How John Chambers Steered Cisco Through the Technology Collapse (Slater, Robert, HarperBusiness, 2003) ISBN 978-0-06-018887-0
References [edit]
- ^ #397 John T Chambers
- ^ John T Chambers at Reference for Business
- ^ http://www.pratt.duke.edu/node/1577
- ^ a b Waters, John K. (February 2002). John Chambers and the Cisco Way. Wiley. ISBN 0-471-00833-8.
- ^ USA Today
- ^ a b http://resources.cisco.com/app/tree.taf?asset_id=451409&public_view=true&Template_Name=PDF&sid=etl_200_CEO_bio
- ^ News Releases, Feature Stories and Profiles about Duke University's Pratt School of Engineering
- ^ http://www.pratt.duke.edu/node/1577
- ^ Doerr, John (2009-04-30). "John Chambers". Time. Retrieved 2009-05-13.
- ^ http://newsroom.cisco.com/execbio-detail?articleId=33185, Cisco
- ^ John Chambers, President and CEO, Cisco Systems MIT Industrial Liaison Program
- ^ John Chambers contributions at NewsMeat
- ^ How Cisco's CEO John Chambers is Turning the Tech Giant Socialist Fast Company, December 2008
- ^ http://www.broadbandcommission.org/commissioners.html
- ^ "Bower Award for Business Leadership". Franklin Institute. 2012. Retrieved 2013-04-07.
- ^ "CEO Compensation for John T. Chambers (2009)". Equilar. Retrieved 2010-04-06.
- ^ "CEO Compensation for John T. Chambers (2008)". Equilar. Retrieved 2009-05-13.
- ^ "CEO Compensation for John T. Chambers (2007)". Equilar. Retrieved 2009-05-13.
External links [edit]
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Wikimedia Commons has media related to: John T. Chambers |
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