Sign in

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) .