& cplSiteName &

Cisco's Elfrink Gets $1M Bonus

Craig Matsumoto
1/9/2013
50%
50%

11:00 AM -- Wim Elfrink, who led Cisco Systems Inc.'s globalization efforts and its major push into India, is getting $1 million as part of his return to the United States. A filing with the Securities and Exchange Commission (SEC) on Tuesday described a new localization agreement for the chief globalisation officer (Cisco spells it with an "s," for that international flair). Elfrink actually moved to the U.S. in 2011, a Cisco spokesman notes. The filing was apparently necessary because of Elfrink's new salary agreement, which includes cash payments of $700,000 this month and $300,000 in January 2014, assuming he stays with Cisco. Elfrink's location is of some interest because he's the exec who moved to India, along with his family, in 2006 to lead Cisco's major push there. The company was turning Bangalore into a second headquarters of sorts, pushing its India investments to beyond $1 billion. At the time, Cisco was talking about assigning 20 percent of its senior management to that site. (See The Cisco Brain Drain and Cisco Hearts India.) Cisco puts a lot into its international markets. The idea is to get embedded into a country by developing strong ties with the government. I sat in on an explanation of the process, years ago, and found it compelling. With Elfrink now based in the U.S., maybe I'll get a chance to grill him about brand-building in India someday. — Craig Matsumoto, Managing Editor, Light Reading

(2)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
junaid_farooqi
50%
50%
junaid_farooqi,
User Rank: Light Beer
1/9/2013 | 11:45:59 PM
re: Cisco's Elfrink Gets $1M Bonus
The next few people to track in this globalisation effort are from other established vendors, Ericcson where I work is investing big in this effort. Elfrink as a trendsetter has created a wave amongst telcos to open R&D centers in India especially Bangalore.
More Blogs from Craig's A-List
Already replaced as CEO, John Chambers is fully detaching as he plans to step down as Cisco chairman, truly ending his time as the face and voice of the company.
The network must be automated. And Light Reading must write about it.
Comcast joins Google in asking for a flexible-rate optical standard, rather than 400G or terabit, but that's easier said than done
Cisco, Juniper and other more traditional Interop speakers might get overshadowed by the forces of virtualization
The Open Networking Summit has climbed the hype curve, but the conference should cling to its roots as a techie discussion forum for software-defined networking
Featured Video
From The Founder
Light Reading is spending much of this year digging into the details of how automation technology will impact the comms market, but let's take a moment to also look at how automation is set to overturn the current world order by the middle of the century.
Flash Poll
Upcoming Live Events
November 1, 2017, The Royal Garden Hotel
November 1, 2017, The Montcalm Marble Arch
November 2, 2017, 8 Northumberland Avenue, London, UK
November 2, 2017, 8 Northumberland Avenue – London
November 10, 2017, The Westin Times Square, New York, NY
November 16, 2017, ExCel Centre, London
November 30, 2017, The Westin Times Square
May 14-17, 2018, Austin Convention Center
All Upcoming Live Events
Infographics
With the mobile ecosystem becoming increasingly vulnerable to security threats, AdaptiveMobile has laid out some of the key considerations for the wireless community.
Hot Topics
Muni Policies Stymie Edge Computing
Carol Wilson, Editor-at-large, 10/17/2017
'Brutal' Automation & the Looming Workforce Cull
Iain Morris, News Editor, 10/18/2017
Is US Lurching Back to Monopoly Status?
Carol Wilson, Editor-at-large, 10/16/2017
Pai's FCC Raises Alarms at Competitive Carriers
Carol Wilson, Editor-at-large, 10/16/2017
Worried About Bandwidth for 4K? Here Comes 8K!
Aditya Kishore, Practice Leader, Video Transformation, Telco Transformation, 10/17/2017
Animals with Phones
Selfie Game Strong Click Here
Latest Comment
Live Digital Audio

Understanding the full experience of women in technology requires starting at the collegiate level (or sooner) and studying the technologies women are involved with, company cultures they're part of and personal experiences of individuals.

During this WiC radio show, we will talk with Nicole Engelbert, the director of Research & Analysis for Ovum Technology and a 23-year telecom industry veteran, about her experiences and perspectives on women in tech. Engelbert covers infrastructure, applications and industries for Ovum, but she is also involved in the research firm's higher education team and has helped colleges and universities globally leverage technology as a strategy for improving recruitment, retention and graduation performance.

She will share her unique insight into the collegiate level, where women pursuing engineering and STEM-related degrees is dwindling. Engelbert will also reveal new, original Ovum research on the topics of artificial intelligence, the Internet of Things, security and augmented reality, as well as discuss what each of those technologies might mean for women in our field. As always, we'll also leave plenty of time to answer all your questions live on the air and chat board.

Like Us on Facebook
Twitter Feed
Partner Perspectives - content from our sponsors
The Mobile Broadband Road Ahead
By Kevin Taylor, for Huawei
All Partner Perspectives