- CISCO SAYS CEO CHARLES H. ROBBINS'S 2024 TOTAL COMPENSATION WAS $39.2 MILLION VERSUS $31.8 MILLION IN 2023- SEC FILING
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Hard to believe but Chuckie is asking the board to increase his RSU's again for upcoming year
Welcome to the pageantry that is creating the illusion of a successful company. It turns out a CEO spending all their time weeping in their bowl of Cheerios while sitting in their underwear doesn't create an aura of success for either the customers or investors. Employees see the sausage being made so unless they are complete idi0ts who buy into nonsense like "you're the top 10% of the industry!" they aren't the target audience.
Fully captured by the Davos / WEF cabal. Dude will do ANYTHING to shine a light on how great he is. And selling out every employee never moves his morality needle.
Hard to believe but Chuckie is asking the board to increase his RSU's again for upcoming year
Enjoy the layoff boys
News from Q1
Glad to see @shills guy back in action this week. He is off to a superb start. We need at least 25-30 hours of postings for you by Thursday.
Cool.
CR's 40M is exactly 800 times what I make, having been stealing American jobs here in Europe for over a decade.
I could have sc--wed up the company pretty good for half that but doubt I could do the job chucky boy and that hack maria. He needs to be canned, hired, and canned again for that ignorance. About the only good thing they have done in a timely fashion is fire the id--ts that thought a company meeting was a good place to go on about the te------ts in gaza, Now they decide to at least say this is a business to run, not a social site. Big statement from a lib funding source so now prove it because I call BS on that.
Old news. Who cares
“That’s a different bucket of money!!!” -Finance
So I guess the whole “we had a great closing quarter to a difficult fiscal year” so here enjoy your 61% bonus, doesn’t apply to the simpletons up top? 😝
Don’t forget about the money coming in from different board of directors gigs outside of Cisco. Look up CR, JP, and the rest of the goons I mean group.
Board of directors all sc-mbags
"Great Place to Work".... Yeah maybe for Chuck and his ELT cronies...
They push the idea and vision of ERG inclustivity and that people matter, yet when it comes time to prove it by investing in their people... what do we get? A stagnat stock, layoffs, and a raise for the CEO!
Let's all work together to help him reach 50mil for 2025!!! /s
“Not in the budget” doesn’t exist for the ELT. This certainly doesn’t appear ethical to be doing this. But it doesn’t surprise me. At all. It’s pretty demoralizing to be so attached to a company one loves, but past the SLT (who I rather respect) is so rotten to the core.
Cisco attorney Deborah Stahlkopf compensation increased 22.5% in the latest fiscal year reaching $12.5 million even though Cisco posted disappointing sales and profits
Bonus cut in half from 2023 and yet CEO comp went up 30%
CR pay up 30%, is anyone betting that the rest of us get 2-3% if we're lucky?
We should know what crumbs the ELT is willing to share with the peons later this week.
Collecting $40M compensation and putting Cisco in debt with declining sales while flushing $50B down the toilet last year on ridiculous acquisitions is irresponsible and MORALLY WRONG
It really is insulting that the CPF for rank and file bonuses was 0.61 yet CEO pay went up by 30%
Boooooooooo
Ethically; just so wrong. How many people have had to make that phone call to their spouse, after the standard webex call, telling their family that mom or dad lost their job.
The worst part is it all could be avoided.
Everyone has their legacy. Some people are true innovators. Others are reincarnated traveling snake oil salesmen, traveling around with the carnies to the next town; to sell a load of sh!t.
How did things get to this point, and why are these behaviors still even allowed?
It is only when the younger generations say "Enough", and basically refuse to essentially enabling and supporting the lifestyles of a few ELT members who have managed to game the system to turn Cisco into an crusty piggy bank for a few elitists at the top; will things then change.
Grandpa powered up the Baudot teletype again.
On July 22, 2024 the stock closed at 46.82 and it's now 56.96, which is an almost 22% gain, or what would be $40B in market cap gain over three months. That's almost three times what HPE is aiming to pay for Juniper. Since the company's legal responsibility is to the shareholders they seem to be getting their money's worth.
He missed 40mil by 800k. Quick let's layoff a few more to adjust his salary upwards
Even if the company had a “tough” quarter, CR is still getting PAID! Rules are for thee.
Every day, over 100K is more than an employee's annual salary, so does each ELT contribute more than 400 employees' contributions every day, every year?
MM made $35M in 2024.
For more eye popping numbers, go to page 53 :
https://d18rn0p25nwr6d.cloudfront.net/CIK-0000858877/582b6aae-9630-4f8d-947c-2da9ac32df32.pdf
Every month over 3M, and every day over 100K more than an employee's annual salary!!!
Not enough
Worst CEO Ever
Fraud