Cisco Systems CEO Charles Robbins' 2019 pay jumps 21% to $26M
Cisco Systems reports 2019 executive compensation
By ExecPay News
Published: October 22, 2019
Cisco Systems reported fiscal year 2019 executive compensation information on October 22, 2019.
In 2019, five executives at Cisco Systems received on average a compensation package of $16M, which is about the same as previous year.
Average pay of disclosed executives at Cisco Systems
Charles H. Robbins, Chief Executive Officer, received $26M in total, which increased by 21% compared to 2018. 72% of Robbins' compensation, or $19M, was in stock awards. Robbins also received $5.8M in non-equity incentive plan, $1.3M in salary, as well as $133K in other compensation.
For fiscal year 2019, the median employee pay was $142,593 at Cisco Systems. Therefore, the ratio of Charles H. Robbins' pay to the median employee pay was 181 to one.
Maria Martinez, Executive Vice President and Chief Customer Experience Officer, received a compensation package of $15M, which decreased by 23% compared to previous year. 43% of the compensation package, or $6.5M, was in bonus.
Kelly A. Kramer, Chief Financial Officer, earned $14M in 2019, a 19% increase compared to previous year.
Gerri Elliott, Executive Vice President and Chief Sales and Marketing Officer, received $13M in 2019, which decreases by 23% compared to 2018.
David Goeckeler, Executive Vice President and General Manager, Networking and Security Business, earned $12M in 2019, a 11% increase compared to previous year.
Cisco Systems' fiscal year ends on July 29.
Related executives
Charles Robbins
Cisco Systems
Chief Executive Officer
Kelly Kramer
Cisco Systems
Chief Financial Officer
David Goeckeler
Cisco Systems
Former Executive Vice President and General Manager, Networking and Security Business
Maria Martinez
Cisco Systems
Chief Operating Officer
Gerri Elliott
Cisco Systems
Former Executive Vice President and Chief Customer and Partner Officer
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Source: SEC filing on October 22, 2019.