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These Are Cisco’s Top 5 Highest-Paid Executives

A financially successful fiscal 2019 meant raises for Cisco's CFO and networking and security business manager.

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Gerri Elliott, Executive Vice President, Chief Sales and Marketing Officer  

Elliott was brought in the same month as Martinez, replacing former global sales chief Chris Dedicoat, who left the company after a more than 20-year career. Elliott came to Cisco having served most recently as EVP at Juniper Networks and before that, she spent seven years at Microsoft where she was corporate vice president of worldwide corporate sector sales.

Elliott's salary for the 2019 fiscal year stayed at $750,000. Elliott received a $10 million new hire cash bonus, 40 percent of which was paid out during the 2019 fiscal year. Elliott also received $6.16 million in stock awards compared to $10 million last year, $1.97 million in cash awards, up significantly over last year's total of $385,941, and $58,002 in "other compensation," down from 2018's $273,369 related to relocation expenses. Her total compensation for the year was $12.94 million compared to $16.85 million one year ago.

Cisco said in its proxy statement that Elliott “has been instrumental in evolving our go-to-market model to respond to changing customer demands as well as to shifts in our portfolio to more software and subscription models.” She has also “implemented significant shifts in our Marketing organization to maximize our digital investments and to create a world-class experience for our customers and partners.”

 
 
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