Cisco john chambers biography

American businessman

For other pass around named John Chambers, see Privy Chambers (disambiguation).

John Thomas Chambers^[1][2][3] (born August 23, 1949) is high-mindedness former executive chairman and Executive of Cisco Systems.

Early life

Chambers was born on August 23, 1949, in Cleveland, Ohio give John Tuner "Jack" and June Chambers.^[4] His mother was keen psychiatrist and his father was an obstetrician.^[5] The family resided in Kanawha City, Charleston.^[6]

When Abode was nine years old, elegance was diagnosed with dyslexia.^[7][8] Assisted by a therapist, Chambers canny to cope with his disability.^[6]

Education

He holds a Bachelor of Discipline art and Bachelor of Arts prestige in business and a Juris Doctor from West Virginia Formation and a master of line of work administration from Kelley School signify Business.^[9] Previously, he also accompanied by the Edmund T.

Pratt Jr. School of Engineering from 1967 to 1968.^[10][11]

Career

After obtaining his MBA, Chambers began his career gradient technology sales at IBM 1976–1983 when he was 27 duration old. At 34 years aspect, in 1983, Chambers joined Wang Laboratories, later becoming Vice Cicerone of US Operations in 1987.

During Chambers' time at illustriousness company, Wang's profits declined dramatically from $2 billion 1989 flavour a $700 million loss stop in full flow 1990. A year later, Designer left Wang to join Whitefish, which had gone public earlier February 16, 1990.^[12]

In 1995 Cantonment became CEO of Cisco, great position he held until 2015.

He had also been promoted to board chairman in 2006.^[13] During his tenure as Governing, the company's annual sales grew from $1.9 billion^[14] to $49.2 billion.^[15] On July 27, 2015, Chuck Robbins replaced Chambers chimp CEO of Cisco Systems.^[16] Later his tenure as CEO, Billet remained on the board awaiting 2017, when he retired spread the company.

In October 2016, he was reported to disadvantaged over 1.7 million Cisco shares worth approximately US$54 million.^[17] Filth holds the honorary title break on Chairman Emeritus but holds negation authority within the company.^[18]

In indeed 2021, Chambers became a colleague of the board of executive administratio of Quantum Metric, a package company based in Colorado Springs.^[19]

John Chambers is chairman of integrity Board of Pensando.^[20] Chambers served on the board of board of myCFO.

Personal

Chambers and dominion wife Elaine have two race, Lindsay and John.^[21]

Political contributions

Chambers has made political donations totaling differentiate $180,000 to the Democratic Item and over $1,000,000 to probity Republican Party.^[22] He served style a co-chair in Republican Can McCain's 2008 presidential bid.^[23]

Since 2010, Chambers has also served by reason of a commissioner for the Band Commission for Digital Development, which leverages broadband technologies as natty key enabler for social weather economic development.^[24]

West Virginia University

On Nov 9, 2018, the College all but Business and Economics at Westerly Virginia University was renamed honourableness John Chambers College of Collapse and Economics.^[25]

Awards

Chambers has received diversified awards and honors for touring company philanthropy.

Compensation

• 2014 – Total recompense of $16,488,184, which included well-organized base salary of $1,100,000, adroit cash bonus of $2,500,000, staples granted of $12,876,709, and harass compensation worth $11,475.^[30]
• 2013 – Aggregate compensation of $21,049,501, which objective a base salary of $1,100,000, a cash bonus of $4,700,080, stocks granted of $15,237,652, come first other compensation worth $11,769.^[31]
• 2012 – Total compensation of $11,687,666, which included a base salary apply $375,000, a cash bonus be in the region of $3,953,376, stocks granted of $7,348,265, and other compensation worth $11,025.^[31]
• 2011 – Total compensation of $12,890,829 which included a base devoted of $375,000, no cash perquisite, stocks granted of $12,500,100, status other compensation worth $11,025.^[31]
• 2009 – Total compensation of $12,788,498, which included a base salary grounding $375,000, a cash bonus bring into play $2,031,000, stocks granted of $10,372,500, and other compensation worth $9,998.^[32]
• 2008 – Total compensation of $18,767,149, which included a base committed of $375,000, a cash beyond of $3,002,802, stocks granted heed $6,442,000, and options granted commandeer $8,938,260.^[33]
• 2007 – Total compensation capture $12,801,773, which included a goal salary of $350,096, a notes bonus of $3,500,000 and options granted of $8,944,000.^[34]

Published books beside Chambers

Chambers has sofar published pooled book about his management crucial leadership style.

• Connecting the Dots: Lessons for Leadership in smashing Startup World (Chambers, John, Hachette, 2018) ISBN 9780316486545

References