Charles H. Robbins
Also at Cisco Systems Inc
About
Charles H. Robbins is the Chair and Chief Executive Officer of Cisco Systems, Inc. and at 58 years old, he brings a wealth of experience and visionary leadership to the technology industry.
He began his journey at CSCO in December 1997, rapidly ascending through a series of managerial and executive roles. His career milestones include a promotion to Vice President in March 2002, followed by several key Senior Vice President positions that underscored his pivotal role in Cisco’s sales and operational strategies. His appointment as CEO in July 2015 and later as Chair in December 2017 have been critical in guiding the company’s strategic direction.
Beyond his responsibilities at Cisco, Robbins serves on the Board of Directors for BlackRock, Inc. since 2017, highlighting his broader influence in corporate governance and industry innovation. His leadership style and strategic insights continue to drive transformational changes at Cisco, making him a central figure in the company’s enduring success.
$CSCO Performance Under Charles H. Robbins
Past Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Cisco Systems, Inc. | Senior Vice President, Worldwide Field Operations | October 2012 - July 2015 | Managed global sales and partner teams |
| Cisco Systems, Inc. | Senior Vice President, Americas | July 2011 - October 2012 | Led operations across the Americas |
| Cisco Systems, Inc. | Senior Vice President, U.S. Enterprise, Commercial, and Canada | August 2009 - July 2011 | Expanded responsibilities to include U.S. enterprise and Canada |
| Cisco Systems, Inc. | Senior Vice President, U.S. Commercial | December 2007 - August 2009 | Oversaw U.S. commercial operations |
| Cisco Systems, Inc. | Vice President, Canada Channel Sales Organization | July 2005 - December 2007 | Assumed leadership of Canada channel sales organization |
| Cisco Systems, Inc. | Vice President, U.S. Channel Sales Organization | March 2002 - July 2005 | Led U.S. channel sales organization |
| Cisco Systems, Inc. | Managerial Positions in Cisco's Sales Organization | December 1997 - March 2002 | Held various managerial roles within Cisco's sales organization |
External Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| BlackRock, Inc. | Board Member | Since 2017 | Current active board position |
Fixed Compensation
| Component Name | Amount | Payment Schedule | Additional Details |
|---|---|---|---|
| Base Salary | $1,390,000 | Annual (Fiscal 2024) | Base Salary as fixed annual pay |
| Matching Contributions under Deferred Compensation Plan | $51,975 | Annual (Fiscal 2024) | Matching contributions made under the deferred compensation plan |
| Matching Contributions under 401(k) Plan | $15,525 | Annual (Fiscal 2024) | Matching contributions made under the 401(k) plan |
| Other Fixed Compensation (Perquisites and Personal Benefits) | $14,934 | Annual (Fiscal 2024) | Includes de minimis catering, spouse attendance expenses, and security-related costs |
Performance Compensation
Non-Equity Incentive Plan Compensation (EIP Payment)
| Metric | Value | Description |
|---|---|---|
| Base Salary | $1,390,000 | Used as the multiplier for calculating the EIP payment |
| Target Award Percentage | 260% | Indicates the total incentive is 260% of the base salary |
| Company Performance Factor (CPF) Weight | 90% | CPF based on revenue and operating income; operating income weighted 4-to-1 relative to revenue |
| ESG Factor Weight | 10% | Reflects environmental, social, and governance initiatives impacts |
| Threshold CPF | 0.0 | Minimum performance level for any payout |
| Target CPF | 1.0 | Expected performance level |
| Maximum CPF | 2.0 | Maximum performance level cap |
| Actual CPF (2024) | 0.56 | Achieved Company Performance Factor in fiscal 2024 |
| Actual ESG Factor (2024) | 1.48 | Achieved ESG Factor in fiscal 2024 |
| EIP Payment | $2,356,328 | Calculated as: Base Salary x Target Award Percentage x (CPF x 90% + ESG Factor x 10%) |
| Evaluation Period | Fiscal 2024 | Performance assessed over the fiscal year 2024 |
| Vesting Schedule | N/A | Cash incentive; not subject to vesting |