Was wondering how Steele could retain the $51M/yr salary he had at Splunk. Now we know.
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Cisco is not a tech company. How can we have technical debt, technical execution and innovation problem? Selling & marketing legacy network equipment doesn't mean you can build anything in-house.
Every product that generates revenue was an acquisition.
Jeff was axed 100%. Gary will eventually be axed as well in a couple years. He will find out very soon that Cisco doesn’t have a sales process or GTM problem. It has a technical debt, technical execution and innovation problem.
Jeff was fired. They finally have accountability (except for Chuck).
Yall think Jeff was fired or left to be ceo somwhere?
Bye bye hardware sales ....welcome Splunk rockstars
- $1 million annual salary
- $15 million cash sign on bonus
- $18 million in stock grants
- 160% bonus target
Must be nice.
Time to sell
Stock is popping after hours