John Morgridge

About John Morgridge

Who is it?: Chairman Emeritus, Cisco SystemsChairman Emeritus, Cisco Systems
Birth Year: 1933
Birth Place: United States
Residence: Portola Valley, California
Alma mater: University of Wisconsin (B.A.) Stanford University (M.B.A.)
Occupation: Businessman
Known for: CEO of Cisco Systems (1988–1995)
Spouse(s): Tashia Frankfurth
Children: John Morgridge, 2 others, (one deceased)
Relatives: Carrie Morgridge (daughter-in-law)

John Morgridge Net Worth

John Morgridge was bornon 1933 in United States, is Chairman Emeritus, Cisco SystemsChairman Emeritus, Cisco Systems. Former Cisco CEO John Morgridge holds most of his fortune in Cisco shares. After a stint as a Honeywell executive, he became Cisco's chief in 1988. He took the company public in 1990, stepped down in 1995 and became a billionaire the following year as the company's stock continued to climb. Morgridge and his wife, Tashia, are avid philanthropists. They have given numerous gifts to his alma maters: the University of Wisconsin, where he went for undergrad, and Stanford University, where he earned his M.B.A. Their $100 million gift to Wisconsin, announced in November 2014, is the largest gift by an individual donor in the school's history. An avid hiker, Morgridge is a former chair of the Nature Conservancy, which uses private funds to buy and protect land from development.
John Morgridge is a member of Technology

💰 Net worth: $1 Billion

2010 $1.3 Billion
2011 $1.2 Billion
2012 $1 Billion
2013 $1 Billion
2014 $1 Billion
2015 $1.1 Billion
2016 $1 Billion
2018 $1 Billion

Some John Morgridge images

Biography/Timeline

1955

Morgridge was born to L. D. Morgridge and Ruth Gordon Morgridge, who were both teachers and church members. He has one brother, Dean L. Morgridge, and one sister, Barbara Morgridge. He grew up in Wauwatosa, Wisconsin, where he attended Wauwatosa East High School. He worked part-time at jobs such as washing equipment in a sweet pea cannery, digging stone at the quarry in Lannon, washing walls in Milwaukee's Pabst Brewery, doing road construction on Highway 64, and working as a railroad brakeman. In 1955, he graduated from the University of Wisconsin and in 1957, he earned a MBA from Stanford University.

1988

After school, he worked for Stratus Computer and Honeywell Information Systems before serving as President and chief operating officer of GRiD Systems. He joined Cisco in 1988, then a four-year-old company with 34 employees, as its second chief executive officer and chairman of the board. He was replaced by John Chambers as CEO in 1995 and as chairman in 2006. At his retirement in 2006, Cisco had 50,000 employees in 77 countries.

2002

Morgridge serves on several corporate and charity boards of Directors, including the Nature Conservancy, the Wisconsin Alumni Research Foundation, and was a trustee of Stanford University (2002-2007) where he teaches management at the Graduate School of Business. Morgridge and his wife are among the group of American billionaires who have committed to give the majority of their wealth to the philanthropic causes and/or charities as part of The Giving Pledge.

2010

In 2010, Morgridge and his wife donated $175 million to create the Fund for Wisconsin Scholars, an endowment which will provide grants to low-income students attending one of Wisconsin’s public colleges or universities. Morgridge Family Foundation donated funds to Immanuel Lutheran School, Mount Olive Lutheran Church, and to several educational and volunteering organizations. Looking back on his life, says John Morgridge, in addition to parents, church and school, "it's the community that helps form our moral compass. It's those attitudes that I've remembered through my entire lifetime. We've been very blessed with what this country has given us. And we intend, before we die, to give it back."

2011

Morgridge was featured in the documentary film Something Ventured, which premiered in 2011.