Cisco Systems is the 27th Dow Industrial Company I have researched so far on Top-Tier Executives Average Long-term % Pay Raises Per Year.
To fix Income Inequality driven mainly by Company and its Board of Director choices on Percentage Annual Pay Raises, the US Government should step in and pass wisely-designed Fair Pay Raise Income Inequality Narrowing Company tax incentives ..... the carrot ..... and Company wise tax disincentives ..... the stick.
And the continuing annual net tax revenues raised by the US Government here should be set up in a separate fund to be used only for wise additional income inequality narrowing initiatives. This fund should be run by an outside group made up entirely of minorities harmed the most by Income Inequality Expansion of the past decades .....all women, all blacks, all Latinos, all other non-white people, all past and present union members, all LGBTQ, all non-employee contract workers and all middle and lower income people of all ages.
Also, the US Government should require all US Corporate Boards to include at least one worker representative and to exclude any Company Executive.
I will continue this same research for the 3 remaining Dow Companies (All Technology Cos) and then turn my attention to many other large US Companies to get a better handle on just why the US has such massive continuing Income Inequality Expansion ..... it appears to be predominantly about the relative annual pay raise percentages.
FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | |||||
July | July | July | July | July | July | July | July | July | July | |||||
Cisco Systems | 2018 | 2017 | 2017 | 2016 | 2016 | 2015 | 2015 | 2014 | 2014 | 2013 | ||||
Top-Tier | Total | Total | Total | Total | Total | Total | Total | Total | Total | Total | ||||
Executive | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | ||||
$ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | |||||
Charles Robbins Chairman and CEO | 21,284 | 16,754 | 16,754 | 16,040 | N/A | N/A | ||||||||
Kelly Kramer EVP and CFO | 11,440 | 8,804 | 8,804 | 9,058 | 9,058 | 8,473 | N/A | N/A | ||||||
David Goeckeler EVP Networking & Security Bus | N/A | N/A | ||||||||||||
Maria Martinez EVPChiefCustomeExperience Officer | N/A | N/A | ||||||||||||
Gerri Elliott EVP Chief Sales&Marketing Officer | N/A | N/A | ||||||||||||
Chris Dedicoat EVP WW Sales and Field Ops | 7,409 | 7,834 | N/A | N/A | ||||||||||
John Chambers Executive Chairman | N/A | N/A | 6,910 | 9,860 | 9,860 | 19,621 | 19,621 | 16,488 | 16,488 | 21,050 | ||||
Pankaj Patel Former EVP Global Engineering | 8,498 | 13,011 | 13,011 | 8,629 | N/A | N/A | ||||||||
Frank Calderoni Former VP CFO | 27,181 | 9,278 | 9,278 | 11,068 | ||||||||||
Gary Moore Former President and COO | 26,833 | 11,196 | 11,196 | 17,234 | ||||||||||
Robert Lloyd Former President Developmt&Sales | 26,517 | 10,935 | 10,935 | 16,229 | ||||||||||
Totals | 32,724 | 25,558 | 39,877 | 42,792 | 27,416 | 41,105 | 113,163 | 56,526 | 47,897 | 65,581 | ||||
Annual % Change | 28.0% | -6.8% | -33.3% | 100.2% | -27.0% | |||||||||
FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | |||||
July | July | July | July | July | July | July | July | July | July | |||||
Cisco Systems | 2013 | 2012 | 2012 | 2011 | 2011 | 2010 | 2010 | 2009 | 2009 | 2008 | ||||
Top-Tier | Total | Total | Total | Total | Total | Total | Total | Total | Total | Total | ||||
Executive | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | ||||
$ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | |||||
John Chambers Executive Chairman | 21,050 | 11,688 | 11,688 | 12,886 | 12,886 | 18,872 | 18,872 | 9,158 | 9,158 | 17,052 | ||||
Frank Calderoni Former VP CFO | 11,068 | 5,033 | 5,033 | 7,888 | 7,888 | 10,151 | 10,151 | 4,502 | 4,502 | 6,931 | ||||
Gary Moore Former President and COO | 17,234 | 7,250 | 7,250 | 11,253 | N/A | N/A | ||||||||
Robert Lloyd Former President Developmt&Sales | 16,229 | 6,306 | 6,306 | 7,922 | 7,922 | 10,291 | 10,291 | 9,294 | N/A | N/A | ||||
Wim Elfrink EVP | 6,056 | 11,944 | 11,944 | 15,744 | 15,744 | 8,245 | 8,245 | 12,837 | ||||||
Randy Pond EVP | 8,048 | 10,357 | 10,357 | 5,401 | 5,401 | 9,120 | ||||||||
Totals | 65,581 | 30,277 | 36,333 | 51,893 | 48,688 | 65,415 | 65,415 | 36,600 | 27,306 | 45,940 | ||||
Annual % Change | 116.6% | -30.0% | -25.6% | 78.7% | -40.6% | |||||||||
10 Year Avg Per Year % Change | 16.0% |