Lumentum Holdings Management

Management criteria checks 2/4

Lumentum Holdings' CEO is Alan Lowe, appointed in Jul 2015, has a tenure of 8.75 years. total yearly compensation is $13.91M, comprised of 7.1% salary and 92.9% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth MX$171.33M. The average tenure of the management team and the board of directors is 2.6 years and 6.4 years respectively.

Key information

Alan Lowe

Chief executive officer

US$13.9m

Total compensation

CEO salary percentage	7.1%
CEO tenure	8.8yrs
CEO ownership	0.3%
Management average tenure	2.6yrs
Board average tenure	6.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Alan Lowe's remuneration changed compared to Lumentum Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 30 2023	n/a	n/a	-US$266m
Sep 30 2023	n/a	n/a	-US$199m
Jul 01 2023	US$14m	US$981k	-US$132m
Apr 01 2023	n/a	n/a	-US$37m
Dec 31 2022	n/a	n/a	US$29m
Oct 01 2022	n/a	n/a	US$117m
Jul 02 2022	US$11m	US$881k	US$199m
Apr 02 2022	n/a	n/a	US$186m
Jan 01 2022	n/a	n/a	US$385m
Oct 02 2021	n/a	n/a	US$412m
Jul 03 2021	US$10m	US$806k	US$397m
Apr 03 2021	n/a	n/a	US$371m
Dec 26 2020	n/a	n/a	US$189m
Sep 26 2020	n/a	n/a	US$155m
Jun 27 2020	US$10m	US$800k	US$136m
Mar 28 2020	n/a	n/a	US$114m
Dec 28 2019	n/a	n/a	-US$3m
Sep 28 2019	n/a	n/a	-US$36m
Jun 29 2019	US$9m	US$785k	-US$38m
Mar 30 2019	n/a	n/a	US$20m
Dec 29 2018	n/a	n/a	US$97m
Sep 29 2018	n/a	n/a	US$281m
Jun 30 2018	US$7m	US$735k	US$242m
Mar 31 2018	n/a	n/a	US$154m
Dec 30 2017	n/a	n/a	US$95m
Sep 30 2017	n/a	n/a	-US$93m
Jul 01 2017	US$6m	US$701k	-US$103m

Compensation vs Market: Alan's total compensation ($USD13.91M) is above average for companies of similar size in the MX market ($USD1.50M).

Compensation vs Earnings: Alan's compensation has increased whilst the company is unprofitable.

CEO

Alan Lowe (61 yo)

8.8yrs

Tenure

US$13,905,732

Compensation

Mr. Alan S. Lowe has been the Chief Executive Officer and President of Lumentum Holdings Inc. since July 2015. Mr. Lowe is experienced in general management, operations, sales and business development. He...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Alan Lowe	President	8.8yrs	US$13.91m	0.34% $ 171.3m
Wajid Ali	Executive VP & CFO	5.2yrs	US$5.10m	0.092% $ 46.1m
Jason Reinhardt	Executive VP & GM	2.6yrs	US$3.93m	0.12% $ 57.9m
Vincent Retort	President of Industrial Tech	1.3yrs	US$5.89m	0.23% $ 117.0m
Misha Rozenberg	Senior VP of Global Operations & Chief Quality Officer	1.3yrs	no data	no data
Matthew Sepe	VP of Finance	5.8yrs	no data	0.049% $ 24.7m
Kathryn Ta	Vice President of Investor Relations	no data	no data	no data
Jae Kim	Senior VP	less than a year	no data	no data
Christopher Coldren	Senior VP and Chief Strategy & Corporate Development Officer	5.3yrs	US$1.86m	no data
Grace Lee	Executive VP and Chief Human Resources & Diversity Officer	2.7yrs	no data	no data
Wupen Yuen	President of Cloud & Networking	2.3yrs	no data	0.016% $ 8.2m
Dennis Tong	Group VP & GM of Cloud and Networking	no data	no data	no data

2.6yrs

Average Tenure

53yo

Average Age

Experienced Management: LITE *'s management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Alan Lowe	President	8.7yrs	US$13.91m	0.34% $ 171.3m
Harold Covert	Independent Director	8.7yrs	US$290.93k	0.027% $ 13.7m
Ian Small	Independent Director	5.3yrs	US$255.93k	0.029% $ 14.5m
Penelope Herscher	Independent Chair of Board of Directors	8.7yrs	US$370.93k	0.063% $ 31.6m
Brian Lillie	Independent Director	8.7yrs	US$278.93k	0.024% $ 11.8m
Janet Wong	Independent Director	3.6yrs	US$255.93k	0.014% $ 7.2m
Pamela Fletcher	Independent Director	1.2yrs	US$120.29k	no data
Julia Johnson	Independent Director	6.4yrs	US$255.93k	0.025% $ 12.4m
Isaac Harris	Independent Director	2.8yrs	US$255.93k	0.012% $ 6.1m

6.4yrs

Average Tenure

59yo

Average Age

Experienced Board: LITE *'s board of directors are considered experienced (6.4 years average tenure).

Lumentum Holdings Management

Management criteria checks 2/4

Key information

Recent management updates

Lumentum Holdings Inc. Appoints Jae Kim as Senior Vice President, General Counsel and Secretary

Lumentum Holdings Inc. Announces Retirement of Judy G. Hamel as General Counsel and Secretary

Lumentum Holdings Inc., Annual General Meeting, Nov 17, 2023

Lumentum Names Caroline Pan as Senior Vice President and Chief Marketing Officer

Lumentum Holdings Inc., Annual General Meeting, Nov 16, 2022

VP of Finance recently sold Mex$5.2m worth of stock

Recent updates

Lumentum Holdings Inc. to Report Q3, 2024 Results on May 06, 2024

Lumentum Holdings Inc. Enhances Performance in 800Zr+ Transceivers for Broader Applications

Lumentum Holdings Inc. Appoints Jae Kim as Senior Vice President, General Counsel and Secretary

Lumentum Holdings Inc. Announces Retirement of Judy G. Hamel as General Counsel and Secretary

Lumentum Holdings Inc. Provides Revenue Guidance for the Fiscal Third Quarter 2024

Lumentum Holdings Inc. to Report Q2, 2024 Results on Feb 08, 2024

Lumentum Holdings Inc. Provides Earnings Guidance for the Fiscal Second Quarter 2024

Lumentum Holdings Inc. (NasdaqGS:LITE) entered into an agreement to acquire Cloud Light Technology Limited for $750 million.

Lumentum Holdings Inc. (NasdaqGS:LITE) entered into an agreement to acquire Cloud Light Technology Limited for $750 million.

Lumentum Holdings Inc. to Report Q1, 2024 Results on Nov 08, 2023

Lumentum Holdings Inc., Annual General Meeting, Nov 17, 2023

Lumentum Holdings Inc. Provides Financial Guidance for the Fiscal First Quarter of 2024

Lumentum Holdings Inc. to Report Q4, 2023 Results on Aug 17, 2023

Lumentum Holdings Inc. Provides Earnings Guidance for the Fourth Quarter of 2023

Second quarter 2023 earnings released: US$0.46 loss per share (vs US$0.78 profit in 2Q 2022)

Lumentum Holdings Inc. Provides Earnings Guidance for the Third Quarter of the Fiscal Year 2023

Lumotive, Inc. and Lumentum Holdings Inc. Introduce Innovative Reference Design to Enable Faster Adoption of Next-Generation 3D Lidar Solutions

Lumentum Holdings Inc. to Report Q2, 2023 Results on Feb 09, 2023

Lumentum Names Caroline Pan as Senior Vice President and Chief Marketing Officer

Investor sentiment deteriorated over the past week

Lumentum Holdings Inc. Provides Financial Guidance for the Fiscal Second Quarter 2023

Lumentum Holdings Inc. to Report Q1, 2023 Results on Nov 08, 2022

Lumentum Holdings Inc., Annual General Meeting, Nov 16, 2022

Investor sentiment deteriorated over the past week

VP of Finance recently sold Mex$5.2m worth of stock

Full year 2022 earnings released: EPS: US$2.79 (vs US$5.27 in FY 2021)

Lumentum Holdings Inc. Provides Earnings Guidance for the First Quarter of 2023

Lumentum Holdings Inc. (NasdaqGS:LITE) acquired Telecom Transmission Product Lines in Brazil from IPG Photonics Corporation (NasdaqGS:IPGP).

Lumentum Holdings Inc. (NasdaqGS:LITE) completed the acquisition of NeoPhotonics Corporation (NYSE:NPTN) from The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK) and others.

Lumentum Holdings Inc. to Report Q4, 2022 Results on Aug 16, 2022

Lumentum Holdings Inc. Provides Revenue Guidance for the Fourth Quarter of Fiscal 2022

Lumentum Holdings Inc. Introduces High-Precision Femtoblade™ Laser System

Lumentum Holdings Inc. to Report Q3, 2022 Results on May 04, 2022

Lumentum Announces Latest Series of High-Performance Multi-Junction VCSEL Arrays for Advanced Mobility and Industrial Applications

VP of Finance recently sold Mex$4.7m worth of stock

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Lumentum Holdings Inc. Provides Earnings Guidance for the Third Quarter of Fiscal 2022

VP of Finance recently sold Mex$5.5m worth of stock

Full year 2021 earnings released: EPS US$5.27 (vs US$1.79 in FY 2020)

Lumentum Holdings Inc. Provides Earnings Guidance for the Fiscal First Quarter of 2022

Lumentum Holdings Inc.(NasdaqGS:LITE) dropped from Russell 2500 Growth Index

Third quarter 2021 earnings released: EPS US$2.98 (vs US$0.58 in 3Q 2020)

Lumentum Holdings Inc. Provides Earnings Guidance for the Fourth Quarter of 2021

Lumentum Holdings Inc. announced that it expects to receive $1 billion in funding from Silver Lake Management, L.L.C.

Lumentum Holdings Inc. Announces Five and Six Junction VCSEL Array Products For Advanced Consumer, Automotive, and Other 3D Sensing Applications

Second quarter 2021 earnings released: EPS US$1.10 (vs US$0.64 in 2Q 2020)

Revenue misses expectations

Lumentum Holdings Inc. (NasdaqGS:LITE) entered into an agreement to acquire Coherent, Inc. (NasdaqGS:COHR) for $5.7 billion.

Lumentum Reportedly in Advanced Talks to Acquire Coherent

Lumentum Holdings Inc. Announces Industry-First 100g PAM4 DMLs Available For Sampling

Lumentum Holdings Inc. to Report Q1, 2021 Results on Nov 02, 2020

Lumentum Holdings Inc. to Report Q3, 2019 Results on May 07, 2019

Samuel F. Thomas to Not Stand for Re-Election as Director of Lumentum Holdings Inc

Lumentum Holdings Inc. Appoints Janet Wong to its Board of Directors

New 90-day low - Mex$1,615

Independent Director recently sold Mex$20.2m worth of stock

Lumentum Holdings Inc. to Report Q4, 2020 Results on Aug 11, 2020

Lumentum Holdings Inc.(NasdaqGS:LITE) dropped from Russell 2000 Index

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age