ProxyMiner / Company

CISCO SYSTEMS, INC.CSCO

Latest proxy: 2025 · view on SEC ↗ · CIK 0000858877

CEO total pay

$52,838,751

Charles H. Robbins · 2025

Say on pay

Not disclosed

Use Ask for the underlying narrative

CEO pay ratio

Item 402(u)

298 to 1

Median employee: $52,838,751

Compensation committee

CD&A

Compensation Committee

Per the latest proxy

Filings indexed: 2 · 2025 · 2024

Executive pay

What did they pay them?

From the Summary Compensation Table. Pay mix and YoY are computed from these rows.

ExecutiveRoleTotalYoYPay mixSalaryStockCash incentiveOther
Charles H. Robbins2025 compensation
Chair and Chief Executive Officer
$52,838,751 35%
96% at-risk
$1,390,000$41,266,351$5,117,424$460,637
R. Scott Herren2025 compensation
Former Executive Vice President and Chief Financial Officer
$24,293,618 29%
95% at-risk
$896,875$19,240,877$2,031,960$145,904
Gary Steele2025 compensation
Former President, Go-to-Market
$32,833,555 3708%
84% at-risk
$792,308$32,833,555$6,541,142
Jeetu Patel2025 compensation
Named executive officer
$25,687,435
96% at-risk
$859,184$22,497,852$1,947,596$138,588
Dev Stahlkopf2025 compensation
Executive Vice President and Chief Legal Officer
$15,826,734 27%
94% at-risk
$732,875$12,758,943$1,660,402$132,689
Thimaya Subaiya2025 compensation
Executive Vice President, Operations
$14,738,615 184%
95% at-risk
$761,731$14,243,604$1,726,112$138,771

Pay mix: base cash incentive equity other

CD&A excerpt

Compensation discussion & analysis

Opening passage of the loaded filing's CD&A. Use Ask below to query the full text with citations.

Introduction The following discussion describes Cisco’s compensation program for its named executive officers. Cisco’s named executive officers for fiscal 2025 are our CEO, our Chief Financial Officer (“CFO”), our three most highly compensated executive officers (other than the CEO and CFO) who were serving as executive officers at the end of fiscal 2025, and one former executive officer who was not serving as an executive officer at the end of fiscal 2025. The named executive officers are: Charles H. Robbins Chair and Chief ExecutiveOfficerR. Scott Herren Former Executive Vice President and Chief Financial OfficerJeetendra (Jeetu) PatelPresident and Chief Product OfficerDeborah (Dev) L. Stahlkopf Executive Vice President and Chief Legal OfficerThimaya SubaiyaExecutive Vice President, OperationsGary Steele Former President,Go-to-Market The following are performance and compensation highlights for fiscal 2025. Executive Summary Company Performance In fiscal 2025, we delivered strong revenue growth across all geographies demonstrating robust demand for our technologies. Our results for fiscal 2025 include a full year of Splunk's results compared to approximately four months for fisca

Read the full CD&A on SEC.gov ↗

Peer comparison

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Governance

Policy guardrails

  • hedging

    all external acquisition and divestiture-related costs such as finder’s fees, advisory, legal, accounting, valuation, hedging or other professional or consulting fees directly associated with acquisitions

    all external acquisition and divestiture-related costs such as finder’s fees, advisory, legal, accounting, valuation, hedging or other professional or consulting fees directly associated with acquisitions

  • pledging

    prohibited

    lmitigates compensation-related risk through a balanced structure and related policies such as stock ownership guidelines, pledging prohibitions, etc.

  • clawback

    present

    recoupment policy was filed as Exhibit 97.1 to our Annual Report on Form 10-K for fiscal 2025.

  • stock ownership guidelines

    present

    stock ownership guidelines, pledging prohibitions, etc.

  • change in control

    The Letter Agreement provides certain employment termination provisions during the period that change in control severance benefits would have applied under his previous employment agreement with Splunk, prior to the acquisition

    The Letter Agreement provides certain employment termination provisions during the period that change in control severance benefits would have applied under his previous employment agreement with Splunk, prior to the acq

  • compensation consultant

    independent

    independent compensation consultant, and CEO/HR input.

  • compensation committee

    Compensation Committee

    Compensation Committee Matters41

Performance markers

Metric facts

  • revenue

    $56.7 billion

    highlights for fiscal 2025. Executive Summary Company Performance In fiscal 2025, we delivered strong revenue growth across all geographies demonstrating robust demand for our technologies. Our results for fiscal 2025 in

  • operating income

    $14.8 billion

    the beginning of each fiscal year. In September 2024, the Compensation Committee determined that operating income was the appropriate operating goal for the fiscal 2023 and fiscal 2024 PRSUs for the fiscal 2025 portion o

  • time equity mix

    8.25%

    Consistent with typical practices among competitors for key talent in the technology sector and responsive to recruiting and retention considerations in this market, 34% of the time-based RSUs granted during fiscal 2025

  • ceo pay ratio

    298 to 1

    as a result, the pay ratio reported by us may not be comparable to the pay ratio reported by other companies. As determined in accordance with SEC rules, the fiscal 2025 annual total compensation was $52,838,751 for our

  • median employee compensation

    $52,838,751

    CEO Pay Ratio Presented below is the ratio of annual total compensation of our CEO to the annual total compensation of our median employee. The ratio is a reasonable estimate calculated in a manner consistent with Item 4

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