Cisco Systems CEO Charles Robbins' 2022 pay rises 15% to $29M
Cisco Systems reports 2022 executive compensation
By ExecPay News
Published: October 18, 2022
Cisco Systems reported fiscal year 2022 executive compensation information on October 18, 2022.
In 2022, six executives at Cisco Systems received on average a compensation package of $15M, a 20% increase compared to previous year.
Average pay of disclosed executives at Cisco Systems
Charles H. Robbins, Chief Executive Officer, received $29M in total, which increased by 15% compared to 2021. 85% of Robbins' compensation, or $25M, was in stock awards. Robbins also received $2.9M in non-equity incentive plan, $1.4M in salary, as well as $86K in other compensation.
For fiscal year 2022, the median employee pay was $117,400 at Cisco Systems. Therefore, the ratio of Charles H. Robbins' pay to the median employee pay was 249 to one.
R. Scott Herren, Chief Financial Officer, received a compensation package of $15M, which decreased by 26% compared to previous year. 85% of the compensation package, or $12M, was in stock awards.
Dev Stahlkopf, Chief Legal Officer, earned $13M in 2022.
Gerri Elliott, Former Executive Vice President and Chief Customer and Partner Officer, received $13M in 2022, which increases by 4% compared to 2021.
Maria Martinez, Chief Operating Officer, earned $13M in 2022, a 6% increase compared to previous year.
Jeff Sharritts, Executive Vice President and Chief Customer and Partner Officer, received $7.2M in 2022.
Cisco Systems' fiscal year ends on July 29.
Related executives
Charles Robbins
Cisco Systems
Chief Executive Officer
R Herren
Cisco Systems
Chief Financial Officer
Maria Martinez
Cisco Systems
Chief Operating Officer
Jeff Sharritts
Cisco Systems
Executive Vice President and Chief Customer and Partner Officer
Dev Stahlkopf
Cisco Systems
Chief Legal Officer
Gerri Elliott
Cisco Systems
Former Executive Vice President and Chief Customer and Partner Officer
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Source: SEC filing on October 18, 2022.