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CSCO : 24.210 (1.35%) Last Updated: -

Michael K Powell’s Social ID Card
Executive
Michael K Powell
Cisco Systems Inc
Status: Resigned
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LAST UPDATED: 10/13/2012, 12:27 PM EDT

Michael K Powell

Status: Resigned
Current Title: Director
Company: Cisco Systems Inc
Location: San Jose, CA
About: Mr. Powell, 47, has been a member of the Board of Directors since March 2007. He currently serves as Senior Advisor to Providence Equity Partners, a private equity investment firm, and as Chairman of the MK Powell Group, a consulting firm. Mr. Powell was Chairman of the Federal Communications  Read more...
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    Michael K Powell has 39,067 shares valued at $945,812.07

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    Mr. Powell, 47, has been a member of the Board of Directors since March 2007. He currently serves as Senior Advisor to Providence Equity Partners, a private equity investment firm, and as Chairman of the MK Powell Group, a consulting firm. Mr. Powell was Chairman of the Federal Communications Commission from January 2001 to March 2005, having served as a Commissioner since November 1997. Mr. Powell previously served as the Chief of Staff of the Antitrust Division of the Department of Justice. Mr. Powell also currently serves on the boards of directors of AOL Inc., Archipelago Learning, Inc. and Education Management Corporation. On March 15, 2011, in accordance with the requirements of his appointment as President & Chief Executive Officer of the National Cable & Telecommunications Association (NCTA), Michael K. Powell notified the Company of his decision to resign from the Company's Board of Directors effective April 1, 2011.

    SEC Compensation Disclosure Requirements

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    A publicly-traded company is only required to disclose information concerning the amount and type of compensation paid to its CEO, CFO, and the three other most highly compensated executive officers in a given year. Information about compensation for these individuals may be unavailable in prior years if they were not in their current roles or did not qualify as among the most highly compensated officers at the time.
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    About Cisco Systems Inc

    Who is Michael K Powell’s current employer?

    Cisco Systems, Inc. was incorporated in California in December 1984. The Company sells networking and communications products and provides related services. The company's two main products are switches and routers (devices that manage network traffic within local-area networks and between different networks), but Cisco essentially touches everything in the networking industry, from security to storage to application switching. Cisco dominates the data networking industry, and its Ethernet switches, which move data along local computer networks, are ubiquitous in business information technology. Cisco's share of the $21 billion switch market has remained near 70% in each of the past five years, while closest rival Hewlett-Packard languishes at 5% share. The firm's routers, used by telecom and cable service providers to move data across long distances, are also the market favorite. Cisco and Juniper Networks enjoy a virtual duopoly, with Cisco the clear leader. Cisco has also used its dominance in corporate data networking to successfully move into adjacent and new markets, including network security, video conferencing, and home networking. Cisco enters new markets typically through acquisitions and uses its global salesforce and broad distribution channel to quickly gain share. The firm integrates technology into its switches when feasible and aggressively bundles when not, making it extremely difficult for smaller firms to compete. Collectively, these newer products account for roughly 25% of Cisco's $40 billion in annual revenue and have grown 34% on average during the past three years.
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    About Michael K Powell

    What is there to know about Michael K Powell?

    Mr. Powell, 47, has been a member of the Board of Directors since March 2007. He currently serves as Senior Advisor to Providence Equity Partners, a private equity investment firm, and as Chairman of the MK Powell Group, a consulting firm. Mr. Powell was Chairman of the Federal Communications Commission from January 2001 to March 2005, having served as a Commissioner since November 1997. Mr. Powell previously served as the Chief of Staff of the Antitrust Division of the Department of Justice. Mr. Powell also currently serves on the boards of directors of AOL Inc., Archipelago Learning, Inc. and Education Management Corporation. On March 15, 2011, in accordance with the requirements of his appointment as President & Chief Executive Officer of the National Cable & Telecommunications Association (NCTA), Michael K. Powell notified the Company of his decision to resign from the Company's Board of Directors effective April 1, 2011.

    Michael K Powell FAQ Section

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    Map of office location

    Where is Michael K Powell’s office located?

    Company:
    Cisco Systems Inc
    Current Address:
    170 West Tasman Drive, San Jose, CA 95134-1706, United States
    Phone:
    +1 408 526-4000
    Website:
    Share Holding

    How many Cisco Systems Inc shares does Michael K Powell hold?

    CSCO Holdings
    $945,812

    Shares Held Market Value*
    Michael K Powell’s Holdings: 39,067 $945,812
    Based on Last Available Share Price: $ 24.21, 05/17/2013 4:04:10 PM EDT
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    Cisco Systems Inc

    Cisco Systems Inc (NASDAQ:CSCO)

    $24.21 +0.32 (1.35%)

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