Ciena Corporation

LSE:0HYA Stock Report

Market Cap: US$12.5b

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 0.16% of the company’s shares, worth $19.93M. 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 percentage6.5%
CEO tenure23.6yrs
CEO ownership0.2%
Management average tenure14.3yrs
Board average tenure17yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gary Smith's remuneration changed compared to Ciena's earnings?
DateTotal CompensationSalaryCompany Earnings
Nov 02 2024n/an/a

US$84m

Jul 27 2024n/an/a

US$138m

Apr 27 2024n/an/a

US$154m

Jan 27 2024n/an/a

US$228m

Oct 28 2023n/an/a

US$255m

Jul 29 2023n/an/a

US$221m

Apr 29 2023n/an/a

US$202m

Jan 28 2023n/an/a

US$183m

Oct 29 2022n/an/a

US$153m

Jul 30 2022n/an/a

US$199m

Apr 30 2022n/an/a

US$426m

Jan 29 2022n/an/a

US$491m

Oct 30 2021n/an/a

US$500m

Jul 31 2021n/an/a

US$462m

May 01 2021n/an/a

US$366m

Jan 30 2021n/an/a

US$354m

Oct 31 2020US$11mUS$988k

US$361m

Aug 01 2020n/an/a

US$377m

May 02 2020n/an/a

US$321m

Feb 01 2020n/an/a

US$282m

Nov 02 2019n/an/a

US$253m

Aug 03 2019n/an/a

US$237m

May 04 2019n/an/a

US$201m

Jan 31 2019n/an/a

US$162m

Nov 03 2018n/an/a

-US$345m

Compensation vs Market: Gary's total compensation ($USD15.43M) is above average for companies of similar size in the UK market ($USD5.76M).

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

NamePositionTenureCompensationOwnership
Gary Smith
CEO, President & Director23.6yrsUS$15.43m0.16%
$ 19.9m
Patrick Nettles
Executive Directorno dataUS$381.00k0.11%
$ 14.3m
James Moylan
Senior VP of Finance & CFO17yrsUS$4.37m0.24%
$ 30.1m
Scott McFeely
Executive Advisor9.1yrsUS$3.92m0.027%
$ 3.4m
Jason Phipps
Senior Vice President of Global Customer Engagementno dataUS$3.90m0.037%
$ 4.6m
David Rothenstein
Senior VP16.1yrsUS$3.64m0.15%
$ 18.6m
Stephen Alexander
CTO & Member of Technology Advisory Council26.3yrsUS$1.81mno data
Gregg Lampf
Vice President of Investor Relations14.3yrsno datano data
Sheela Kosaraju
Senior VP1.9yrsno data0.037%
$ 4.6m
Rebecca Smith
Senior VP of Global Marketing & Communications1.9yrsno datano data
Joseph Cumello
Senior VP & GM of Blue Planet1.9yrsno data0.0088%
$ 1.1m
Rodney Wilson
Chief Technologist of Research Networksno datano datano data

14.3yrs

Average Tenure

60yo

Average Age

Experienced Management: 0HYA's management team is seasoned and experienced (14.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Gary Smith
CEO, President & Director24.2yrsUS$15.43m0.16%
$ 19.9m
Patrick Nettles
Executive Director30.7yrsUS$381.00k0.11%
$ 14.3m
Stephen Alexander
CTO & Member of Technology Advisory Council19.7yrsUS$1.81mno data
Bruce Claflin
Independent Director18.3yrsUS$325.00k0.029%
$ 3.6m
Lawton Fitt
Independent Chairman24.1yrsUS$335.00k0.0028%
$ 344.9k
Kenneth Minihan
Member of Government Advisory Board19.5yrsno datano data
Patrick Gallagher
Lead Independent Director15.6yrsUS$360.00k0.035%
$ 4.3m
David Peed
Member of Government Advisory Board8.8yrsno datano data
John Breen
Member of Partner Advisory Council15.6yrsno datano data
Carlos Busso
Member of Partner Advisory Council15.6yrsno datano data
Kevin Delane
Member of Partner Advisory Council15.6yrsno datano data
Joanne Olsen
Independent Director6.2yrsUS$331.00k0.022%
$ 2.7m

17.0yrs

Average Tenure

70yo

Average Age

Experienced Board: 0HYA's board of directors are seasoned and experienced ( 17 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 18:35
End of Day Share Price 2024/12/26 00:00
Earnings2024/11/02
Annual Earnings2024/11/02

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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.

AnalystInstitution
Edward ZabitskyACI Research
James KelleherArgus Research Company
Blair KingAvondale Partners