Cisco Systems CEO Charles Robbins' 2020 pay slips 10% to $23M
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.
Charles H. Robbins, Chief Executive Officer, received $23M in total, which decreased by 10% compared to 2019. 83% of Robbins' compensation, or $19M, was in stock awards. Robbins also received $2.5M in non-equity incentive plan, $1.4M in salary, as well as $87K 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. 85% of the compensation package, or $10M, was in stock awards.
David Goeckeler, Former Executive Vice President and General Manager, Networking and Security Business, earned $11M 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 29.
Related executives
Charles Robbins
Cisco Systems
Chief Executive Officer
Kelly Kramer
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Chief Financial Officer
Gerri Elliott
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Former Executive Vice President and Chief Customer and Partner Officer
Maria Martinez
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Chief Operating Officer
Irving Tan
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Former Executive Vice President and Chief of Operations
David Goeckeler
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