Infinera Management
Management criteria checks 2/4
Infinera's CEO is David Heard, appointed in Aug 2017, has a tenure of 6.67 years. total yearly compensation is $6.26M, comprised of 11.2% salary and 88.8% bonuses, including company stock and options. directly owns 0.4% of the company’s shares, worth $4.42M. The average tenure of the management team and the board of directors is 5 years and 4.8 years respectively.
Key information
David Heard
Chief executive officer
US$6.3m
Total compensation
| CEO salary percentage | 11.2% |
| CEO tenure | 6.7yrs |
| CEO ownership | 0.4% |
| Management average tenure | 5yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
Health Check: How Prudently Does Infinera (NASDAQ:INFN) Use Debt?
Nov 01
Is Infinera (NASDAQ:INFN) Weighed On By Its Debt Load?
Aug 02Infinera Corporation's (NASDAQ:INFN) Business And Shares Still Trailing The Industry
Jun 09Infinera (NASDAQ:INFN) Is Making Moderate Use Of Debt
Feb 22Infinera: Use Of 5G Would Imply Higher Stock Price
Oct 07Does Infinera (NASDAQ:INFN) Have A Healthy Balance Sheet?
Aug 01Infinera Non-GAAP EPS of -$0.05 beats by $0.03, revenue of $357.98M beats by $7.36M
Jul 28Infinera (NASDAQ:INFN) Is Making Moderate Use Of Debt
Apr 10Is Now The Time To Look At Buying Infinera Corporation (NASDAQ:INFN)?
Dec 21Estimating The Fair Value Of Infinera Corporation (NASDAQ:INFN)
Nov 30Is Infinera (NASDAQ:INFN) A Risky Investment?
Nov 06Infinera Corporation (NASDAQ:INFN) Shares Could Be 44% Below Their Intrinsic Value Estimate
Aug 11Infinera (NASDAQ:INFN) Is Carrying A Fair Bit Of Debt
Jul 13Infinera: Upbeat Investor Day Underpins Medium-Term Earnings Outlook
Jun 16CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -US$5m |
| Jul 01 2023 | n/a | n/a | -US$7m |
| Apr 01 2023 | n/a | n/a | -US$43m |
| Dec 31 2022 | US$6m | US$700k | -US$76m |
| Sep 24 2022 | n/a | n/a | -US$143m |
| Jun 25 2022 | n/a | n/a | -US$184m |
| Mar 26 2022 | n/a | n/a | -US$164m |
| Dec 25 2021 | US$5m | US$700k | -US$171m |
| Sep 25 2021 | n/a | n/a | -US$148m |
| Jun 26 2021 | n/a | n/a | -US$130m |
| Mar 27 2021 | n/a | n/a | -US$156m |
| Dec 26 2020 | US$4m | US$484k | -US$207m |
| Sep 26 2020 | n/a | n/a | -US$263m |
| Jun 27 2020 | n/a | n/a | -US$312m |
| Mar 28 2020 | n/a | n/a | -US$364m |
| Dec 28 2019 | n/a | n/a | -US$387m |
| Sep 28 2019 | n/a | n/a | -US$453m |
| Jun 29 2019 | n/a | n/a | -US$401m |
| Mar 30 2019 | n/a | n/a | -US$310m |
| Dec 29 2018 | n/a | n/a | -US$214m |
| Sep 29 2018 | n/a | n/a | -US$155m |
| Jun 30 2018 | n/a | n/a | -US$159m |
| Mar 31 2018 | n/a | n/a | -US$180m |
Compensation vs Market: David's total compensation ($USD6.26M) is above average for companies of similar size in the US market ($USD3.43M).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
CEO
David Heard (55 yo)
6.7yrs
Tenure
US$6,260,700
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.7yrs | US$6.26m | 0.40% $ 4.6m | |
| Co-Founder | 23.3yrs | US$1.12m | 0.17% $ 2.0m | |
| Chief Financial Officer | 4.7yrs | US$2.42m | 0.23% $ 2.6m | |
| Chief Legal Officer & Corporate Secretary | 5yrs | US$1.64m | 0.12% $ 1.4m | |
| Senior Vice President of Worldwide Sales | 4.3yrs | US$1.83m | 0.056% $ 646.7k | |
| Senior Vice President of Global Operations | no data | no data | no data | |
| Chief Accounting Officer | 4.7yrs | no data | 0.058% $ 667.8k | |
| Head of Investor Relations | no data | no data | no data | |
| Senior VP of Strategy | 2.9yrs | no data | no data | |
| Chief Human Resources Officer | no data | no data | no data | |
| Senior Vice President of Global Services | 6.3yrs | no data | no data | |
| Senior Vice President of Integration Management Office | 5.5yrs | no data | no data |
5.0yrs
Average Tenure
58yo
Average Age
Experienced Management: INFN's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.4yrs | US$6.26m | 0.40% $ 4.6m | |
| Co-Founder | 13.5yrs | US$1.12m | 0.17% $ 2.0m | |
| Independent Director | 5.3yrs | US$263.61k | 0.077% $ 887.7k | |
| Independent Director | 3.8yrs | US$262.50k | 0.041% $ 478.8k | |
| Independent Director | 13.8yrs | US$290.00k | 0.066% $ 768.9k | |
| Independent Director | 2.2yrs | US$418.56k | 0.021% $ 241.6k | |
| Member of Government Advisory Board | 8.2yrs | no data | no data | |
| Independent Director | 4.8yrs | US$266.41k | 0.083% $ 965.6k | |
| Independent Director | 4yrs | no data | no data | |
| Independent Chairman of the Board | 3.8yrs | US$327.69k | 0.056% $ 644.2k | |
| Member of Government Advisory Board | 8.2yrs | no data | no data |
4.8yrs
Average Tenure
61yo
Average Age
Experienced Board: INFN's board of directors are considered experienced (4.8 years average tenure).