Infinera Corporation

NasdaqGS:INFN Stock Report

Market Cap: US$1.6b

Infinera Management

Management criteria checks 3/4

Infinera's CEO is David Heard, appointed in Aug 2017, has a tenure of 7.42 years. total yearly compensation is $6.66M, comprised of 10.9% salary and 89.1% bonuses, including company stock and options. directly owns 0.46% of the company’s shares, worth $7.26M. The average tenure of the management team and the board of directors is 5.8 years and 5.6 years respectively.

Key information

David Heard

Chief executive officer

US$6.7m

Total compensation

CEO salary percentage10.9%
CEO tenure7.4yrs
CEO ownership0.5%
Management average tenure5.8yrs
Board average tenure5.6yrs

Recent management updates

Recent updates

Infinera Q1 2024 Results: Guidance Is Unimpressive - Sell

May 15

Health Check: How Prudently Does Infinera (NASDAQ:INFN) Use Debt?

Nov 01
Health Check: How Prudently Does Infinera (NASDAQ:INFN) Use Debt?

Is Infinera (NASDAQ:INFN) Weighed On By Its Debt Load?

Aug 02
Is Infinera (NASDAQ:INFN) Weighed On By Its Debt Load?

Infinera Corporation's (NASDAQ:INFN) Business And Shares Still Trailing The Industry

Jun 09
Infinera Corporation's (NASDAQ:INFN) Business And Shares Still Trailing The Industry

Infinera (NASDAQ:INFN) Is Making Moderate Use Of Debt

Feb 22
Infinera (NASDAQ:INFN) Is Making Moderate Use Of Debt

Infinera: Use Of 5G Would Imply Higher Stock Price

Oct 07

Does Infinera (NASDAQ:INFN) Have A Healthy Balance Sheet?

Aug 01
Does Infinera (NASDAQ:INFN) Have A Healthy Balance Sheet?

Infinera Non-GAAP EPS of -$0.05 beats by $0.03, revenue of $357.98M beats by $7.36M

Jul 28

CEO Compensation Analysis

How has David Heard's remuneration changed compared to Infinera's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 28 2024n/an/a

-US$111m

Jun 29 2024n/an/a

-US$106m

Mar 30 2024n/an/a

-US$78m

Dec 30 2023US$7mUS$729k

-US$25m

Sep 30 2023n/an/a

-US$5m

Jul 01 2023n/an/a

-US$7m

Apr 01 2023n/an/a

-US$43m

Dec 31 2022US$6mUS$700k

-US$76m

Sep 24 2022n/an/a

-US$143m

Jun 25 2022n/an/a

-US$184m

Mar 26 2022n/an/a

-US$164m

Dec 25 2021US$5mUS$700k

-US$171m

Sep 25 2021n/an/a

-US$148m

Jun 26 2021n/an/a

-US$130m

Mar 27 2021n/an/a

-US$156m

Dec 26 2020US$4mUS$484k

-US$207m

Sep 26 2020n/an/a

-US$263m

Jun 27 2020n/an/a

-US$312m

Mar 28 2020n/an/a

-US$364m

Dec 28 2019n/an/a

-US$387m

Sep 28 2019n/an/a

-US$453m

Jun 29 2019n/an/a

-US$401m

Mar 30 2019n/an/a

-US$310m

Compensation vs Market: David's total compensation ($USD6.66M) is about average for companies of similar size in the US market ($USD5.42M).

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

CEO

David Heard (56 yo)

7.4yrs

Tenure

US$6,663,648

Compensation

Mr. David W. Heard serves as Chief Executive Officer and Director at Infinera Corporation since November 23, 2020. He serves as Chairman of the Board at Driving Management Systems, Inc. He had been Chief O...

Leadership Team

NamePositionTenureCompensationOwnership
David Heard
CEO & Director7.4yrsUS$6.66m0.46%
$ 7.3m
David Welch
Co-Founder & Director24yrsUS$943.70k0.18%
$ 2.9m
Nancy Erba
CFO & CAO5.4yrsUS$2.54m0.24%
$ 3.8m
Nicholas Walden
Senior Vice President of Worldwide Sales5yrsUS$1.73m0.072%
$ 1.1m
Craig Cocchi
Senior Vice President of Global Operationsno datano datano data
Amitabh Passi
Head of Investor Relationsno datano datano data
Regan MacPherson
Chief Legal Officer & Corporate Secretaryless than a yearno datano data
Russ Esmacher
Senior VP of Strategy3.7yrsno datano data
Brett Hooper
Chief Human Resources Officerno datano datano data
Alexander Derecho
Senior Vice President of Global Services7yrsno datano data
Patrick DiPietro
Senior Vice President of Integration Management Office6.3yrsno datano data
Robert Shore
Senior Vice President of Marketingno datano datano data

5.8yrs

Average Tenure

59.5yo

Average Age

Experienced Management: INFN's management team is seasoned and experienced (5.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
David Heard
CEO & Director4.2yrsUS$6.66m0.46%
$ 7.3m
David Welch
Co-Founder & Director14.3yrsUS$943.70k0.18%
$ 2.9m
Gregory Dougherty
Independent Director6yrsUS$266.00k0.091%
$ 1.4m
Christine Bucklin
Independent Director4.6yrsUS$262.50k0.057%
$ 891.2k
Paul Milbury
Independent Director14.5yrsUS$279.08k0.081%
$ 1.3m
Roop Lakkaraju
Independent Director2.9yrsUS$273.41k0.037%
$ 578.6k
Roger Baker
Member of Government Advisory Board8.9yrsno datano data
Sharon Holt
Independent Director5.6yrsUS$270.00k0.098%
$ 1.5m
Amy Rice
Independent Director4.8yrsno datano data
George Riedel
Independent Chairman of the Board4.6yrsUS$331.00k0.071%
$ 1.1m
Henry Sienkiewicz
Member of Government Advisory Board8.9yrsno datano data

5.6yrs

Average Tenure

62yo

Average Age

Experienced Board: INFN's board of directors are considered experienced (5.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/15 01:03
End of Day Share Price 2025/01/14 00:00
Earnings2024/09/28
Annual Earnings2023/12/30

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

Infinera Corporation is covered by 31 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Blair KingAvondale Partners
Ted MoreauBarrington Research Associates, Inc.
Ku KangB. Riley Securities, Inc.