Cisco Systems’ Chief Executive John Chambers recently saw his compensation jump from $9.2 million up to $18.9 million. The increase is a result of a massive rise in value of the stock and options awards, plus his cash bonus. Not too shabby.
The company's profits were up 79 percent year-over-year, and Chambers said then that Cisco's "strategy and vision is absolutely working. We are gaining market share and growing revenue."