According to CNN, Cisco’s CEO John Chambers received a salary boost from $375,000 to $1,1 million and &15,2 million of stock rewards for the company’s fiscal 2013. His cash bonus also increased about $750,000 to $4,7 million. Chambers’ salary hasn’t changed since fiscal 2008. This new $21 million compensation puts him among the top five most highly paid tech CEOs. Cisco announced 4,000 job cuts in its report in August and shares are down 3,7% over the past three months but up 19,3% year to date. Continue reading »

tags: CISCO, John Chambers, tech CEO