Cisco Systems CEO Charles Robbins' 2021 pay rises 10% to $25M
Cisco Systems reports 2021 executive compensation
By ExecPay News
Published: October 25, 2021
Cisco Systems reported fiscal year 2021 executive compensation information on October 25, 2021.
In 2021, seven executives at Cisco Systems received on average a compensation package of $12M, a 4% increase compared to previous year.
Average pay of disclosed executives at Cisco Systems
Charles H. Robbins, Chief Executive Officer, received $25M in total, which increased by 10% compared to 2020. 76% of Robbins' compensation, or $19M, was in stock awards. Robbins also received $4.5M in non-equity incentive plan, $1.4M in salary, as well as $118K in other compensation.
For fiscal year 2021, the median employee pay was $124,806 at Cisco Systems. Therefore, the ratio of Charles H. Robbins' pay to the median employee pay was 204 to one.
R. Scott Herren, Chief Financial Officer, received a compensation package of $20M. 52% of the compensation package, or $10M, was in stock awards.
Gerri Elliott, Executive Vice President and Chief Customer and Partner Officer, earned $12M in 2021, a 24% increase compared to previous year.
Maria Martinez, Chief Operating Officer, received $12M in 2021, which increases by 43% compared to 2020.
Irving Tan, Former Executive Vice President and Chief of Operations, earned $9.4M in 2021, a 22% increase compared to previous year.
Mark Chandler, Chief Legal Officer, received $5.8M in 2021.
Kelly A. Kramer, Chief Financial Officer, earned $2.5M in 2021, a 79% decrease compared to previous year.
Cisco Systems' fiscal year ends on July 29.
Related executives
Charles Robbins
Cisco Systems
Chief Executive Officer
R Herren
Cisco Systems
Chief Financial Officer
Gerri Elliott
Cisco Systems
Former Executive Vice President and Chief Customer and Partner Officer
Maria Martinez
Cisco Systems
Chief Operating Officer
Kelly Kramer
Cisco Systems
Chief Financial Officer
Irving Tan
Cisco Systems
Former Executive Vice President and Chief of Operations
Mark Chandler
Cisco Systems
Chief Legal Officer
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Source: SEC filing on October 25, 2021.