Serving for a long term of 10 years as the CEO and being associated with the company for more than 14 years, John T Chambers played a pivotal role in the growth of the American digital communications technology conglomerate Cisco Systems Inc.
John Chambers does not confine to the boundaries of the CEO of a company and he is also an active political supporter. He has earned himself a respectable position in American society, where his words are heard, valued, and respected.
About John Chambers
The son of John Tucker ‘Jack’ and Julia Chambers, John Chambers was born in Cleveland, Ohio, on August 23, 1949. His father was an obstetrician and his father was a psychiatrist. John Chambers was diagnosed with dyslexia at the age of ten.
It is a condition which is also known as word blindness where the person fails to read according to the expected level as per their age. Chambers was able to overcome his disability and cope with the situation with the help of a therapist.
Even though he was affected by such a condition at a very young age, that did not stop him from acquiring various degrees from some of the prestigious institutions in the nation.
John Chambers holds a bachelor’s and a master’s degree in business administration from West Virginia University and Kelley School of Business, Indiana University respectively. Chambers also attended the School of Engineering at Duke University for a brief time.
John Chambers Professional Career
Upon receiving his degree in business administration, Chambers joined IBM and started his career in technology sales there. Chambers was just 27 years old then. Before joining Cisco in 1995, Chambers served as the Vice President of US Operations at Wang Laboratories. Chambers resigned from his position as the company faced a great loss.
It was in 1995 that JohnChmabers became the CEO of Cisco. Chambers held the position for 10 years, until resigning his position in 2015.
It was during his time as the CEO that the company saw rapid growth and an increase in its profit which rose to around $49.3 billion from just $1.9 billion. After his term as the CEO, Chambers remained a member of the company’s boards until he finally resigned in 2017.
After resigning from Cisco, John Chambers took up the position of a board member of a Colorado Springs-based software company known as Quantum Metric.
John Chambers Net Worth
Holding the position as CEO of a highly successful company for 10 years has significantly contributed to the total wealth of John Chambers. As per the latest reports available, he is estimated to have a net worth of $1 billion.
As per the reports of 2016, Chambers was known to own over 1.7 million Cisco shares which are valued at an approximated amount of $54 million. Chambers launched a firm named JC2 in January 2018. The aim of the firm is to provide assistance to global startups to grow and create opportunities in the future.
Personal Life And Family
John Chambers is a very popular and influential businessman who is known for creating good relationships with some of the most influential people in the world. He is constantly praised for his ability to build strong relationships with every people he meets and also for being a smart businessman with well-sorted strategies.
Chambers is an extremely private person when it comes to his personal life and details regarding his family. The exact marriage date of Chambers is not available due to such reasons. What we know about his family is that the name of his wife is Elaine Chambers and that the couple has two kids together from their marriage. The two children are named Lindsay and John.
John Chambers Awards And Honors
As Chambers held an influential position for quite a while, he also had some strong connections with many influential and powerful people. He was included in the list of most powerful and also most influential people in the world by many top magazines and channels like Times and CNN.
For the wonderful contributions he made throughout his career, Chambers was awarded the Edison Achievement Award in 2016. To express their respect and also to honor Chambers, the College of Business and Economics at West Virginia University was renamed John Chambers College of Economics and Business.