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2003 ANNUAL REPORT 5
JOHN T. CHAMBERS
PRESIDENT AND
CHIEF EXECUTIVE OFFICER
DONALD T. VALENTINE
VICE CHAIRMAN OF THE BOARD
Cisco’s culture requires that all employees, at every level
of the organization, are committed to responsible business
practices. Additionally, our business strategy incorporates
our dedication to corporate citizenship, which includes our
commitment to improving the global community in which
we operate, empowering our workforce, and building
trust in our company as a whole.
Giving back to the community is another integral part
of our culture. In fiscal 2003, Cisco supported important
community efforts such as the American Red Cross and
the Second Harvest Food Bank. We also participated in
several key global initiatives, including co-sponsorship of
the Jordan Education Initiative, in partnership with His
Majesty King Abdullah II of Jordan and the World Economic
Forum. Our employees also continued to be active in the
community through the Cisco Foundation and the Cisco
Community Fellows Program.
We also strengthened our commitment to the very
successful Cisco Networking Academy Program. This
year, Cisco established its first Networking Academy in
Afghanistan, where 105 students, 38 of whom are female,
are learning the Internet technology skills necessary for
success in the 21st century workforce. By combining edu-
cation and the Internet, Cisco Networking Academies help
students around the world learn the skills they need to
join the Information Age and help their communities. In
its sixth year, we have more than 10,000 academies in 152
countries with 421,000 students enrolled worldwide.
In summary, fiscal 2003 was about continuing our focus
on the areas that we could influence and control while
preparing for an industry recovery. We believe that as
we continue to drive technology innovation, sustain and
enhance our financial health, and strengthen our market
leadership, Cisco is truly positioned to be not only a
company that meets its stated goals, but will ultimately
strive to exceed them.
On behalf of the Cisco Board of Directors, we would like to
thank our employees, customers, partners, and shareholders
for your continued confidence and for your support.
JOHN T. CHAMBERS
PRESIDENT AND CHIEF EXECUTIVE OFFICER
JOHN P. MORGRIDGE
CHAIRMAN OF THE BOARD
DONALD T. VALENTINE
VICE CHAIRMAN OF THE BOARD