John Chambers (CEO)
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| John Chambers | |
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 John Chambers speaking at a meeting with interns. |
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| Born | August 23, 1949 Cleveland, Ohio, USA |
| Residence | Los Altos Hills, California, USA |
| Alma mater | West Virginia University (1971) Indiana University (1975) |
| Occupation | CEO and Chairman of the Board of Cisco Systems |
| Net worth | ▼US$1 billion (2009) |
| Spouse(s) | Elaine Chambers |
| Children | Lindsay Chambers John Chambers |
| Website cisco.com |
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John T. Chambers 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.
Chambers holds Juris Doctor (1974) and Bachelor of Science/Bachelor of Arts in business (1971) degrees from West Virginia University[1]. He later received a Master of Business Administration degree in finance and management (1975) from Indiana University. He also attended the School of Engineering at Duke University from 1967 to 1968.[3]
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[edit] Compensation
While CEO of Cisco Systems in 2007, John T. Chambers earned a 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.[4]
In 2008, he earned a 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.[5]
[edit] Personal Life
Chambers was born on August 23, 1949 in Cleveland, Ohio.[6] He is married and has two grown children.[7] He suffered from dyslexia in his youth.[8]
[edit] Political Life
Chambers has made political donations totaling over $180,000 to the Democratic Party and over $1,000,000 to the Republican Party.[9] He served as a co-chair in Republican John McCain's 2008 presidential bid. [10]
[edit] Awards
Chambers, a global corporate leader and philanthropist, has received recognition as one of Time Magazine's "100 Most Influential People"; he received the first-ever Clinton Global Citizen Award from President Bill Clinton; the State Department's Top Corporate Social Responsibility Award from Secretary of State Condoleezza Rice; the Woodrow Wilson Award for Corporate Citizenship; the Excellence in Corporate Philanthropy Award, an award given by CEOs to their CEO peers; the 2009 Pioneer Business Leader Award from the Silicon Valley Education Foundation (San Jose, CA) in June 2009 for his deep commitment to education causes. He and Cisco have given large donations to local education initiatives and Chambers has led numerous corporate social responsibility initiatives around the world focused on improving access to education.
[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. "John Chambers". Time. http://www.time.com/time/specials/2007/article/0,28804,1733748_1733758_1736338,00.html. Retrieved 2009-05-13.
- ^ News Releases, Feature Stories and Profiles about Duke University's Pratt School of Engineering
- ^ "CEO Compensation for John T. Chambers (2007)". Equilar. http://www.equilar.com/CEO_Compensation/CISCO_SYSTEMS_INC_John_T._Chambers.php. Retrieved 2009-05-13.
- ^ "CEO Compensation for John T. Chambers (2008)". Equilar. http://www.equilar.com/CEO_Compensation/Cisco_Systems_John_T._Chambers.php. Retrieved 2009-05-13.
- ^ John T Chambers at Reference for Business
- ^ John Chambers, President and CEO, Cisco Systems MIT Industrial Liaison Program
- ^ USA Today
- ^ John Chambers contributions at NewsMeat
- ^ How Cisco's CEO John Chambers is Turning the Tech Giant Socialist Fast Company, December 2008
