John Chambers (CEO)
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John T. Chambers is Chairman of the Board and CEO of Cisco Systems, Inc.. Chambers joined Cisco in 1991 as senior vice president, Worldwide Sales and Operations. He assumed the role of President and CEO in 1995. Since January 1995, when he assumed the role of CEO, Chambers has grown the company from $1.2 billion in annual revenues to its current run-rate of approximately $30 billion. In November 2006, he was named Chairman of the Board, in addition to his CEO role. Prior to joining Cisco, he spent eight years at Wang Laboratories (1982-1990) and six years with IBM (1976-1982). Chambers served on the Board of Directors of myCFO, the subject of a March 2007 Wall Street Journal article [1] which confirmed that myCFO has recently been subject to scrutiny regarding disallowed tax shelters. Most of myCFO's operations were sold to Harris Bank in late 2002 and now operates as Harris/myCFO.
He holds a law degree (1974) and a bachelor of science/bachelor of arts degree (1971) in business from West Virginia University. He later received a Masters of Business Administration degree in finance and management (1975) from Indiana University.
He is married and has two adult children.
[edit] Awards and Recognitions
Chambers has received numerous awards including Best CEO in America (Telecommunications & Data Networking category) by Institutional Investor magazine, as well as the Excellence in Corporate Philanthropy Award from the Committee to Encourage Corporate Philanthropy (CECP), an international forum of more than 120 CEOs and board chairpersons focused on corporate philanthropy. San Jose Magazine voted Chambers “Man of the Year” in 2005.
In 2005, Chambers accepted the prestigious Award for Corporate Excellence (ACE) from Secretary of State Condoleezza Rice for Cisco’s co-sponsorship of the Jordan Education Initiative, on which Cisco has worked in partnership with his Majesty King Abdullah II of Jordan and the World Economic Forum.
