SiliconBeat

It’s official: Cisco’s chief executive, John Chambers, is now a member of Silicon Valley’s jet set. In fact, it’s a requirement.

Last month, Cisco’s board “adopted a travel policy” under which Chambers “is generally required to utilize a private airplane for business travel because his responsibilities on behalf of Cisco entail substantial national and international travel.” (But that’s nothing new, right?)

To help Chambers comply with the new ruling, Cisco will Read the rest of this entry »

The board at Echelon, the San Jose appliance networking company, voted to change the way it pays for Chief Executive Ken Oshman’s travel on his personal jet, according to a filing the company made with the SEC Tuesday.

Had the new arrangement been in place since the beginning of the year, Read the rest of this entry »