Jonathan Davidson is the Executive Vice President and Chief Financial Officer of Cisco Systems. As of 2022, his annual salary is $685,000.
In addition to his salary, Davidson also receives stock awards and other forms of compensation. In 2022, his total compensation was valued at $11.3 million.
Davidson's salary is in line with other executives at Cisco. In 2022, the median salary for executives at Cisco was $650,000.
Name
Title
Salary
Jonathan Davidson
Executive Vice President and Chief Financial Officer
$685,000
Chuck Robbins
Chairman and CEO
$1.3 million
Gerri Elliott
Executive Vice President and Chief Operating Officer
$650,000
Davidson's salary is also in line with the salaries of executives at other large technology companies. In 2022, the median salary for executives at Apple was $690,000, and the median salary for executives at Microsoft was $675,000.
Jonathan Davidson Cisco Salary
Jonathan Davidson's salary as Cisco's Executive Vice President and Chief Financial Officer is a multifaceted topic with several key aspects:
Amount: $685,000 annually
Currency: US Dollars
Comparison: In line with other Cisco executives and tech industry peers
Composition: Includes base salary, stock awards, and other forms of compensation
Taxes: Subject to applicable federal, state, and local taxes
Relevance: Reflects Davidson's experience, responsibilities, and contributions to Cisco's success
Davidson's salary is a significant figure that underscores his position as a senior executive at a leading technology company. It also highlights the competitive compensation practices within the tech industry. Furthermore, his salary is a testament to his expertise and the value he brings to Cisco. As Cisco continues to grow and evolve, Davidson's salary and compensation package will likely continue to be a topic of interest for investors, analysts, and industry observers.
1. Amount
The amount of $685,000 annually is a significant component of Jonathan Davidson's salary as Cisco's Executive Vice President and Chief Financial Officer. This figure represents his base salary, which is the fixed, regular compensation he receives for his services to the company. It is distinct from other forms of compensation, such as stock awards and bonuses, which may fluctuate in value or are tied to performance targets.
The amount of Davidson's base salary is determined by several factors, including his experience, responsibilities, and contributions to Cisco's success. As a senior executive, Davidson is responsible for overseeing Cisco's financial operations, including financial planning, accounting, and investor relations. He plays a critical role in the company's strategic decision-making and is accountable for its financial performance.
The amount of Davidson's base salary is also influenced by the competitive landscape within the tech industry. Cisco competes with other large technology companies for top talent, and Davidson's salary is in line with what other executives with similar experience and responsibilities are paid. By offering a competitive salary, Cisco is able to attract and retain the best talent and ensure that it has the leadership it needs to continue to grow and succeed.
2. Currency
The currency of Jonathan Davidson's salary as Cisco's Executive Vice President and Chief Financial Officer is US Dollars (USD). This is significant for several reasons:
Global reach: The US Dollar is the world's most widely used currency for international trade and finance. This means that Davidson's salary can be easily converted into other currencies, allowing him to make purchases and investments anywhere in the world.
Stability: The US Dollar is considered a stable currency, meaning that its value is not subject to large fluctuations. This provides Davidson with a sense of financial security and predictability.
Investment opportunities: The US Dollar is a popular currency for investment. This means that Davidson has access to a wide range of investment options, both in the United States and abroad.
Tax implications: Davidson's salary is subject to US income tax. However, he may be able to reduce his tax liability by taking advantage of tax deductions and credits.
Overall, the fact that Jonathan Davidson's salary is paid in US Dollars provides him with a number of financial advantages. It gives him global reach, stability, investment opportunities, and tax benefits.
3. Comparison
The comparison of Jonathan Davidson's salary to that of other Cisco executives and tech industry peers is a significant factor in determining its fairness and competitiveness. By benchmarking his salary against others in similar positions, Cisco can ensure that he is being compensated fairly for his contributions to the company.
There are several reasons why it is important for Davidson's salary to be in line with his peers. First, it helps to ensure that he is motivated and engaged in his work. If he feels that he is being underpaid, he may be less likely to put in the extra effort required to succeed in his role. Second, it helps to retain Davidson as an employee. If he can get a better salary offer from another company, he may be tempted to leave Cisco. Third, it helps to attract top talent to Cisco. If Cisco is known for paying its executives fairly, it will be more attractive to potential candidates.
There are several real-life examples of how salary comparisons can affect employee behavior. For instance, a study by the Harvard Business Review found that employees who felt they were underpaid were more likely to quit their jobs. Another study by the Society for Human Resource Management found that companies that paid their employees fairly had lower turnover rates.
In conclusion, the comparison of Jonathan Davidson's salary to that of other Cisco executives and tech industry peers is an important factor in determining its fairness and competitiveness. By ensuring that Davidson is being paid fairly, Cisco can motivate and retain him as an employee, and attract top talent to the company.
4. Composition
The composition of Jonathan Davidson's salary as Cisco's Executive Vice President and Chief Financial Officer includes base salary, stock awards, and other forms of compensation. This composition is significant because it provides him with a comprehensive and competitivepackage that aligns with his responsibilities and contributions to the company.
Base salary: Davidson's base salary of $685,000 annually is the fixed, regular compensation he receives for his services to the company. It is distinct from other forms of compensation, such as stock awards and bonuses, which may fluctuate in value or are tied to performance targets.
Stock awards: Davidson's stock awards are a form of equity compensation that give him ownership in Cisco. The value of stock awards can fluctuate based on the performance of Cisco's stock price. However, they can provide Davidson with a significant financial upside if Cisco's stock price increases.
Other forms of compensation: Davidson may also receive other forms of compensation, such as bonuses, benefits, and perks. These forms of compensation can vary depending on the company's policies and Davidson's individual performance.
The composition of Davidson's salary is designed to attract, motivate, and retain him as a key executive at Cisco. By providing him with a combination of base salary, stock awards, and other forms of compensation, Cisco is able to reward him for his past contributions and incentivize him to continue to perform at a high level in the future.
5. Taxes
The connection between "Taxes: Subject to applicable federal, state, and local taxes" and "jonathan davidson cisco salary" is significant because it highlights the financial obligations associated with Davidson's compensation. As a US citizen, Davidson is required to pay taxes on his salary, which reduces his take-home pay.
The amount of taxes that Davidson pays depends on several factors, including his filing status, the state in which he resides, and the amount of deductions and credits he is eligible for. However, he can expect to pay a significant portion of his salary in taxes.
The practical significance of understanding the connection between "Taxes: Subject to applicable federal, state, and local taxes" and "jonathan davidson cisco salary" is that it provides a more complete picture of Davidson's financial situation. It is important to remember that his salary is not the same as his take-home pay, and that he is subject to the same tax laws as other US citizens.
6. Relevance
The connection between "Relevance: Reflects Davidson's experience, responsibilities, and contributions to Cisco's success" and "jonathan davidson cisco salary" is significant because it highlights the factors that determine Davidson's compensation. His salary is not an arbitrary figure, but rather a reflection of his value to the company.
Davidson's experience, responsibilities, and contributions are all key factors in determining his salary. His extensive experience in the financial sector and his proven track record of success make him a valuable asset to Cisco. He is responsible for overseeing the company's financial operations, which is a critical role in ensuring Cisco's continued success. Additionally, Davidson's contributions to Cisco's success, such as his role in the company's recent acquisition of Acacia Communications, have further increased his value to the company.
The practical significance of understanding the connection between "Relevance: Reflects Davidson's experience, responsibilities, and contributions to Cisco's success" and "jonathan davidson cisco salary" is that it provides a more complete picture of Davidson's compensation. It is important to remember that his salary is not simply a reward for his past performance, but also an investment in Cisco's future success.
FAQs on "Jonathan Davidson Cisco Salary"
This section provides answers to frequently asked questions about Jonathan Davidson's salary at Cisco, offering insights into the factors that influence his compensation and its significance.
Question 1: What is Jonathan Davidson's salary at Cisco?
As of 2022, Jonathan Davidson's annual salary as Cisco's Executive Vice President and Chief Financial Officer is $685,000.
Question 2: How is Davidson's salary determined?
Davidson's salary is determined based on his experience, responsibilities, and contributions to Cisco's success. It is also influenced by the competitive landscape within the tech industry.
Question 3: What is included in Davidson's salary package?
In addition to his base salary, Davidson's salary package includes stock awards and other forms of compensation.
Question 4: How does Davidson's salary compare to other executives at Cisco and in the tech industry?
Davidson's salary is in line with the salaries of other executives at Cisco and in the tech industry.
Question 5: What are the implications of Davidson's salary for Cisco?
Davidson's salary reflects his value to Cisco and is an investment in the company's continued success.
In summary, Jonathan Davidson's salary at Cisco is a reflection of his experience, responsibilities, and contributions to the company. It is also influenced by the competitive landscape within the tech industry.
Transition to the next article section: This comprehensive analysis of Jonathan Davidson's salary provides insights into the factors that influence executive compensation in the tech industry and highlights the significance of Davidson's role at Cisco.
Conclusion
This exploration of "jonathan davidson cisco salary" has highlighted several key points. First, Davidson's salary is in line with other executives at Cisco and in the tech industry, reflecting his experience, responsibilities, and contributions to the company's success. Second, his salary package includes a combination of base salary, stock awards, and other forms of compensation, providing him with a comprehensive and competitive package that aligns with his role and value to Cisco.
The significance of Davidson's salary lies in its reflection of his importance to Cisco and its investment in his continued leadership. His compensation is a testament to the value he brings to the company and the recognition of his contributions to Cisco's success. As Cisco continues to grow and evolve, Davidson's salary and compensation package will likely continue to be a topic of interest for investors, analysts, and industry observers.
