Sign in

You're signed outSign in or to get full access.

John T. Chambers

Director at Bloom EnergyBloom Energy
Board

About John T. Chambers

Independent director of Bloom Energy (BE) since August 2018; age 75. Founder & CEO of JC2 Ventures and former Cisco Chairman & CEO, credited with scaling Cisco from ~$1B to >$47B in revenue, bringing deep expertise in global scaling, partnerships, and cybersecurity; currently serves on BE’s Compensation Committee .

Past Roles

OrganizationRoleTenureCommittees/Impact
JC2 VenturesFounder & CEO2017–presentVenture investing; technology commercialization perspective
Cisco SystemsChairman2006–2015Led global scaling, partnerships, organizational development
Cisco SystemsExecutive Chairman2015–2017Oversight of strategy and governance post-CEO tenure
Cisco SystemsCEO1995–2015Grew revenue to >$47B; global operations leadership
Cisco SystemsPresident1995–2006Executive leadership, scale-up
Wang LaboratoriesSVP U.S. Operations and other roles1982–1990Enterprise operations experience

External Roles

OrganizationRoleTenureCommittees/Impact
US-India Strategic Partnership ForumChairmann/aBilateral policy and economic development engagement
French TechGlobal AmbassadorAppointed by President MacronTech ecosystem advocacy and global network
Sprinklr, Inc.Director2017–2023Public-company governance experience (prior)

Board Governance

  • Independence: Board determined Chambers is independent under NYSE/SEC rules; all committee members are independent .
  • Committee assignment: Compensation and Organizational Development Committee (member) .
  • Attendance/engagement: In 2024, Board held 6 meetings; Compensation Committee held 5 meetings. All directors attended at least 75% of applicable meetings; average attendance 97% (Boskin 73.3%); independent directors met in executive session at every regularly scheduled Board meeting .
  • Overboarding controls: Directors limited to ≤5 public boards (including BE); CEOs of public companies limited to ≤3; Audit members subject to limits on other audit committees .

Fixed Compensation

ComponentFY 2024Notes
Board cash retainer$70,000Standard annual retainer
Compensation Committee member fee$10,000Member fee (no chair role)
Total cash fees earned$80,000Reported for Chambers

Performance Compensation

Award TypeGrant Date Fair Value (FY 2024)Units OutstandingVesting ScheduleStrike BasisNotes
Stock options (annual director grant election)$315,92331,104 stock options outstanding (12/31/2024)Same schedule as annual RSU grant; vests at the next Annual MeetingOptions granted at closing price on grant dateChambers elected options in lieu of RSUs under the 2024 program; RSUs vest at next Annual Meeting

No director performance metrics (e.g., revenue/EBITDA/TSR targets) are tied to non-employee director equity awards; annual grants vest time-based at the next Annual Meeting .

Other Directorships & Interlocks

Company/EntityRoleYearsPotential Interlock/Conflict
Current public-company boardsNonen/aWithin BE overboarding limits; no current interlocks disclosed
Sprinklr, Inc.Director2017–2023Prior role; no current interlock
US-India Strategic Partnership ForumChairmann/aPolicy role; no BE related-party transaction disclosed

Expertise & Qualifications

  • Senior leadership and global scaling: 20+ years leading Cisco; expertise in partnerships, channel development, organizational design, human capital .
  • Cybersecurity and technology commercialization: Years of communications technology leadership; startup mentoring through JC2 .
  • Government/public policy: Engagements across global governments; strategic policy perspective relevant to energy markets .

Equity Ownership

ItemAmountAs ofNotes
Beneficial ownership (Class A)404,812 sharesFeb 28, 2025Includes 293,333 shares held by JC2 Investments LLC; <1% of outstanding shares
Deferred stock units (DSUs)30,991 DSUs (right to)Feb 28, 2025Under director Deferred Compensation Plan; not in % calc
Options exercisable within 60 daysNot listed for ChambersFeb 28, 2025Footnotes list options exercisable for several insiders; Chambers’ specific “within 60 days” figure is not disclosed in footnotes
Outstanding stock options31,104Dec 31, 2024Per director equity table
Ownership policy compliance4x cash retainer minimum; 100% director compliance in 20242024BE prohibits hedging/pledging; directors must retain net shares until compliant

Governance Assessment

  • Committee role and oversight: As a Compensation Committee member, Chambers participated in aligning executive pay with strategy, including adoption of PSUs/PSOs, consultant refresh (Meridian), peer group updates, and CEO equity redesign; committee held 5 meetings in 2024 .
  • Independence and alignment: Board and all committees are 100% independent (excluding CEO); director stock ownership guidelines (4x retainer) and prohibition on hedging/pledging strengthen alignment .
  • Attendance and engagement signal: Board and committee cadence with high average attendance (97%) and regular independent executive sessions supports effective oversight; no attendance shortfall disclosed for Chambers .
  • Potential conflicts/related-party exposure: Proxy details related-party transactions (e.g., SK ecoplant) and specific relationships for other directors (Immelt training payment; McKinsey payments) but no related-party transactions disclosed for Chambers; beneficial holdings include JC2 Investments LLC, standard disclosure with no pledging noted .
  • Board structure considerations: Classified board, supermajority provisions, and stockholder action limits exist; balanced by Lead Independent Director authority and full committee independence. These are broader governance context items, not Chambers-specific, but influence board effectiveness .

RED FLAGS: None disclosed specific to Chambers (no related-party transactions, no pledging/hedging, within overboarding limits, independent committee membership) .