On September 27, news, according to the Washington post, due to cisco for the last fiscal year of the share price fluctuations, cisco chief executive John Chambers (John Chambers) total compensation will be cut from $12.9 million last year to $11.7 million, down the rate is about 9%.
John Chambers in cisco have 17 years, his total pay is basic and cisco's share price directly Galaxy Note i9220 cases link. This arrangement for Chambers and cisco is a win-win results, in the Chambers, under the leadership of cisco's share price turned over nearly 10 times.
Based on September 2011 shares to see, in fiscal year 2011 in Chambers based on the share price of share out bonus of get about $7.3 million, the next few years to share price fluctuations will this impact, and in July 28 of the fiscal year 2012, cisco's share price fell by 2%, lower than the dow Jones industrial average index.
The global economic environment recession lead to investor confidence is Samsung Galaxy Note i9220 cases, which can lead to cisco share price decline, but cisco past a fiscal revenue or good. The company fiscal 2012 revenue rose by 7% and $46 billion, net profit rose 24% to $8 billion, this benefits from Chambers of a series of cut costs measures, including the arrangement of the shed thousands of employees.
In addition to the outside based on stock dividend, Chambers salary also includes a salary of $375000, about 4 million dollars, and a $11000 401 k clause income. (401 k clause is the kingdom of the tax law pension system)
The 63 - year - old Chambers will be in the next few years retirement, but he has not officially announced the news. In view of his for cisco to make contributions to the board of directors of the early cisco vote, will put Chambers wages raised from $375000 to $1.1 million in, almost three times as much as the original.
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