Cisco Systems Files Definitive Proxy Statement

TL;DR

CISCO DEF 14A FILED: Proxy statement out for shareholder votes.

AI Summary

Cisco Systems, Inc. filed its definitive proxy statement (DEF 14A) on October 18, 2024, for its fiscal year ending July 27, 2024. The filing outlines the company's corporate governance and details matters to be presented to shareholders for a vote, likely including director elections and executive compensation.

Why It Matters

This filing provides shareholders with crucial information regarding company leadership and voting matters, enabling informed participation in corporate decision-making.

Risk Assessment

Risk Level: low — This is a routine regulatory filing (DEF 14A) and does not contain new material financial information or strategic announcements.

Key Numbers

• 20241018 — Filing Date (Date the definitive proxy statement was filed with the SEC.)
• 0727 — Fiscal Year End (Indicates the end of Cisco's fiscal year for which the proxy statement pertains.)

Key Players & Entities

• CISCO SYSTEMS, INC. (company) — Registrant
• 0000858877 (company) — Central Index Key
• 20241018 (date) — Filing Date
• 0727 (date) — Fiscal Year End

FAQ

From the Filing

0001104659-24-109859.txt : 20241018 0001104659-24-109859.hdr.sgml : 20241018 20241018161543 ACCESSION NUMBER: 0001104659-24-109859 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 62 CONFORMED PERIOD OF REPORT: 20241209 FILED AS OF DATE: 20241018 DATE AS OF CHANGE: 20241018 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CISCO SYSTEMS, INC. CENTRAL INDEX KEY: 0000858877 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] ORGANIZATION NAME: 06 Technology IRS NUMBER: 770059951 STATE OF INCORPORATION: DE FISCAL YEAR END: 0727 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-39940 FILM NUMBER: 241380945 BUSINESS ADDRESS: STREET 1: 170 WEST TASMAN DR CITY: SAN JOSE STATE: CA ZIP: 95134-1706 BUSINESS PHONE: 4085264000 MAIL ADDRESS: STREET 1: 170 WEST TASMAN DR CITY: SAN JOSE STATE: CA ZIP: 95134-1706 FORMER COMPANY: FORMER CONFORMED NAME: CISCO SYSTEMS INC DATE OF NAME CHANGE: 19920703 DEF 14A 1 tm2414474d2_def14a.htm DEF 14A tm2414474-1_nonfiling - none - 33.3540378s TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.   ) Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ​ ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ​ ☒ Definitive Proxy Statement ​ ☐ Definitive Additional Materials ​ ☐ Soliciting Material under §240.14a-12 ​ CISCO SYSTEMS, INC. ​ (Name of Registrant as Specified In Its Charter)     ​ (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): ☒ No fee required ​ ☐ Fee paid previously with preliminary materials ​ ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11 ​ TABLE OF CONTENTS TABLE OF CONTENTS ​    ​ ​ ​ Message from our Chair and  Chief Executive Officer ​ ​ ​ Dear Cisco Stockholders: On behalf of the Board of Directors, I would like to thank you for your investment and trust in Cisco as we focus on delivering great outcomes for customers, executing consistently and driving growth. Fiscal 2024 was a momentous year for Cisco. We delivered solid results, closed the largest acquisition in our history, introduced industry-defining innovation, and served our customers and partners in new and exciting ways. After a challenging start, we ended the year seeing steady customer demand and are entering fiscal 2025 with momentum and optimism. We delivered $53.8 billion in revenue in fiscal 2024 and good growth in annualized recurring revenue (ARR), remaining performance obligations (RPO), and subscription revenue, boosted by our acquisition of Splunk. In addition, we returned more than $12 billion to stockholders through share repurchases and our cash dividend. I invite you to read more about our financial performance in our 2024 Annual Report. We remain committed to engaging with our stockholders to gain valuable input on our strategy, compensation, sustainability, and governance practices. In fiscal 2024, we engaged with stockholders representing approximately 57% of Cisco’s shares outstanding at the end of fiscal year. Based on our stockholders’ feedback, we are providing more enriched content in our proxy statement and other disclosures. Guided by our Purpose to Power an Inclusive Future for All, we have continued to innovate to help deliver on our customers’ desired outcomes and to help solve some of the most pressing issues faced by people, society, and the planet. In 2016, we set an inspired goal to positively impact one billion l