John Chambers (CEO)
| John Chambers | |
|---|---|
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| Born | August 23, 1949 Cleveland, Ohio, USA |
| Residence | Los Altos Hills, California, USA |
| Alma mater | Duke University, West Virginia University (B.A./B.S./J.D.) Indiana University (M.B.A.) |
| Occupation | CEO and Chairman of the Board of Cisco Systems |
| Salary | US$ 37,900,000 (2011) |
| Net worth |  US$1 billion (2009) |
| Spouse | 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. Chambers joined Cisco in 1991 as senior vice president, Worldwide Sales and Operations.[1] 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.[2] In November 2006, he was named Chairman of the Board, in addition to his CEO role. Prior to joining Cisco, he spent eight years at Wang Laboratories (1982–1990) and six years with IBM (1976–1982). Chambers served on the Board of Directors of myCFO.
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[edit] Early life
Chambers was born on August 23, 1949 in Cleveland, Ohio to John Tuner "Jack" and June Chambers.[3] The family resided in Kanawha City, West Virginia.[4]
[edit] Dyslexia
When Chambers was nine years old, he was diagnosed with dyslexia.[5] Aided by a therapist, Chambers learned to cope with his disability.[4]
[edit] Education
Chambers earned Bachelor of Arts/Bachelor of Science degrees, both in business, from West Virginia University from 1971 and a Juris Doctor from the West Virginia University College of Law from 1974.[1] He later received his Master of Business Administration degree in finance and management from Indiana University in 1975. Previously, he also attended the School of Engineering at Duke University from 1967 to 1968.[6]
[edit] Family
Chambers and his wife Elaine have two children, Lindsay and John.[7]
[edit] Political Contributions
Chambers has made political donations totaling over $180,000 to the Democratic Party and over $1,000,000 to the Republican Party.[8] He served as a co-chair in Republican John McCain's 2008 presidential bid.[9]
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.[10]
[edit] Awards
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
[edit] Compensation
- 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.[11]
- 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.[12]
- 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.[13]
[edit] Books
Chambers is mentioned in books about his management and leadership style.
- John Chambers and The Cisco Way (Waters, John K., Wiley, 2002) ISBN 978-0471008330
- The Eye of the Storm: How John Chambers Steered Cisco Through the Technology Collapse (Slater, Robert, HarperBusiness, 2003) ISBN 978-0060188870
[edit] References
- ^ a b http://resources.cisco.com/app/tree.taf?asset_id=451409&public_view=true&Template_Name=PDF&sid=etl_200_CEO_bio
- ^ Doerr, John (2009-04-30). "John Chambers". Time. http://www.time.com/time/specials/2007/article/0,28804,1733748_1733758_1736338,00.html. Retrieved 2009-05-13.
- ^ John T Chambers at Reference for Business
- ^ a b Waters, John K. (February 2002). John Chambers and the Cisco Way. Wiley. ISBN 0471008338.
- ^ USA Today
- ^ News Releases, Feature Stories and Profiles about Duke University's Pratt School of Engineering
- ^ 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
- ^ "CEO Compensation for John T. Chambers (2009)". Equilar. http://www.equilar.com/CEO_Compensation/Cisco_Systems_John_T._Chambers.php. Retrieved 2010-04-06.
- ^ "CEO Compensation for John T. Chambers (2008)". Equilar. http://www.equilar.com/CEO_Compensation/Cisco_Systems_John_T._Chambers.php. Retrieved 2009-05-13.
- ^ "CEO Compensation for John T. Chambers (2007)". Equilar. http://www.equilar.com/CEO_Compensation/Cisco_Systems_John_T._Chambers.php. Retrieved 2009-05-13.
[edit] External links
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