Ciena Management
Management criteria checks 2/4
Ciena's CEO is Gary Smith, appointed in May 2001, has a tenure of 23.58 years. total yearly compensation is $15.43M, comprised of 6.5% salary and 93.5% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth €15.31M. The average tenure of the management team and the board of directors is 14.3 years and 17 years respectively.
Key information
Gary Smith
Chief executive officer
US$15.4m
Total compensation
| CEO salary percentage | 6.5% |
| CEO tenure | 23.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 14.3yrs |
| Board average tenure | 17yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Nov 02 2024 | n/a | n/a | US$84m |
| Jul 27 2024 | n/a | n/a | US$138m |
| Apr 27 2024 | n/a | n/a | US$154m |
| Jan 27 2024 | n/a | n/a | US$228m |
| Oct 28 2023 | n/a | n/a | US$255m |
| Jul 29 2023 | n/a | n/a | US$221m |
| Apr 29 2023 | n/a | n/a | US$202m |
| Jan 28 2023 | n/a | n/a | US$183m |
| Oct 29 2022 | n/a | n/a | US$153m |
| Jul 30 2022 | n/a | n/a | US$199m |
| Apr 30 2022 | n/a | n/a | US$426m |
| Jan 29 2022 | n/a | n/a | US$491m |
| Oct 30 2021 | n/a | n/a | US$500m |
| Jul 31 2021 | n/a | n/a | US$462m |
| May 01 2021 | n/a | n/a | US$366m |
| Jan 30 2021 | n/a | n/a | US$354m |
| Oct 31 2020 | US$11m | US$988k | US$361m |
| Aug 01 2020 | n/a | n/a | US$377m |
| May 02 2020 | n/a | n/a | US$321m |
| Feb 01 2020 | n/a | n/a | US$282m |
| Nov 02 2019 | n/a | n/a | US$253m |
| Aug 03 2019 | n/a | n/a | US$237m |
| May 04 2019 | n/a | n/a | US$201m |
| Jan 31 2019 | n/a | n/a | US$162m |
| Nov 03 2018 | n/a | n/a | -US$345m |
Compensation vs Market: Gary's total compensation ($USD15.43M) is above average for companies of similar size in the German market ($USD4.85M).
Compensation vs Earnings: Gary's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Gary Smith (64 yo)
23.6yrs
Tenure
US$15,431,410
Compensation
Mr. Gary B. Smith has been Principal Executive Officer of Cyan, Inc. since August 3, 2015. Mr. Smith serves as the Chief Executive Officer and President of Ciena Corporation since May 2001. He served as th...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 23.6yrs | US$15.43m | 0.13% € 15.3m | |
| Executive Director | no data | US$381.00k | 0.11% € 13.7m | |
| Senior VP of Finance & CFO | 17yrs | US$4.37m | 0.23% € 27.6m | |
| Executive Advisor | 9.1yrs | US$3.92m | 0.027% € 3.3m | |
| Senior Vice President of Global Customer Engagement | no data | US$3.90m | 0.029% € 3.5m | |
| Senior VP | 16.1yrs | US$3.64m | 0.15% € 18.6m | |
| CTO & Member of Technology Advisory Council | 26.3yrs | US$1.81m | no data | |
| Vice President of Investor Relations | 14.3yrs | no data | no data | |
| Senior VP | 1.9yrs | no data | 0.035% € 4.2m | |
| Senior VP of Global Marketing & Communications | 1.9yrs | no data | no data | |
| Senior VP & GM of Blue Planet | 1.9yrs | no data | 0.0058% € 692.8k | |
| Chief Technologist of Research Networks | no data | no data | no data |
14.3yrs
Average Tenure
60yo
Average Age
Experienced Management: CIE1's management team is seasoned and experienced (14.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 24.2yrs | US$15.43m | 0.13% € 15.3m | |
| Executive Director | 30.7yrs | US$381.00k | 0.11% € 13.7m | |
| CTO & Member of Technology Advisory Council | 19.7yrs | US$1.81m | no data | |
| Independent Director | 18.3yrs | US$325.00k | 0.029% € 3.5m | |
| Independent Chairman | 24.1yrs | US$335.00k | 0.0028% € 331.4k | |
| Member of Government Advisory Board | 19.5yrs | no data | no data | |
| Lead Independent Director | 15.6yrs | US$360.00k | 0.035% € 4.2m | |
| Member of Government Advisory Board | 8.8yrs | no data | no data | |
| Member of Partner Advisory Council | 15.6yrs | no data | no data | |
| Member of Partner Advisory Council | 15.6yrs | no data | no data | |
| Member of Partner Advisory Council | 15.6yrs | no data | no data | |
| Independent Director | 6.2yrs | US$331.00k | 0.022% € 2.6m |
17.0yrs
Average Tenure
70yo
Average Age
Experienced Board: CIE1's board of directors are seasoned and experienced ( 17 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 18:24 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/11/02 |
| Annual Earnings | 2024/11/02 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ciena Corporation is covered by 47 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Edward Zabitsky | ACI Research |
| James Kelleher | Argus Research Company |
| Blair King | Avondale Partners |