Cisco Systems CEO Charles Robbins' 2020 pay slips 10% to $23.2M

Cisco Systems reports 2020 executive compensation

By ExecPay News

Published: October 21, 2020

Cisco Systems reported fiscal year 2020 executive compensation information on October 21, 2020.
In 2020, six executives at Cisco Systems received on average a compensation package of $12M, a 25% decrease compared to previous year.
Average pay of disclosed executives at Cisco Systems
Charles H. Robbins, Chief Executive Officer, received $23.2M in total, which decreased by 10% compared to 2019. 82.95% of Robbins' compensation, or $19.2M, was in stock awards. Robbins also received $2.5M in non-equity incentive plan, $1.4M in salary, as well as $86.6K in other compensation.
For fiscal year 2020, the median employee pay was $127,236 at Cisco Systems. Therefore, the ratio of Charles H. Robbins' pay to the median employee pay was 182 to one.
Kelly A. Kramer, Chief Financial Officer, received a compensation package of $12M, which decreased by 12% compared to previous year. 84.74% of the compensation package, or $10.2M, was in stock awards.
David Goeckeler, Former Executive Vice President and General Manager, Networking and Security Business, earned $10.6M in 2020, a 14% decrease compared to previous year.
Gerri Elliott, Executive Vice President and Chief Sales and Marketing Officer, received $10M in 2020, which decreases by 23% compared to 2019.
Maria Martinez, Executive Vice President and Chief Customer Experience Officer, earned $8.3M in 2020, a 45% decrease compared to previous year.
Irving Tan, Executive Vice President and Chief of Operations, received $7.7M in 2020.
Cisco Systems' fiscal year ends on July 31.

Related executives

Charles Robbins

Cisco Systems

Chief Executive Officer

Kelly Kramer

Cisco Systems

Chief Financial Officer

Gerri Elliott

Cisco Systems

Executive Vice President and Chief Sales and Marketing Officer

Maria Martinez

Cisco Systems

Executive Vice President and Chief Customer Experience Officer

Irving Tan

Cisco Systems

Executive Vice President and Chief of Operations

David Goeckeler

Cisco Systems

Former Executive Vice President and General Manager, Networking and Security Business

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Source: SEC filing on October 21, 2020.