Following up on my post of earlier this morning take a look at Mish Shedlock’s analysis of Cisco CEO John Chambers’s stock trades vs. the performance of Cisco over the last ten years:
Chambers has not done a damn thing for shareholders for 10 years, cashing out hundreds of millions of dollars along the way. From the perspective of a shareholder of a publicly traded company, Chambers is not worth a damn cent.
I also note that Cisco has never paid a dividend although they plan to do so for the first time this year.