Ciena Management
Management criteria checks 3/4
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 $15.77M. 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
Ciena Delivers Strong Q4 Earnings, But Valuation Demands Precision
Dec 16Ciena Corporation's (NYSE:CIEN) 26% Price Boost Is Out Of Tune With Revenues
Dec 14
Ciena Corporation: Hold, Financials Are Weak Amid A Decisive Technical Turn
Nov 27The Returns On Capital At Ciena (NYSE:CIEN) Don't Inspire Confidence
Nov 21Is Ciena (NYSE:CIEN) Using Too Much Debt?
Nov 06Is There An Opportunity With Ciena Corporation's (NYSE:CIEN) 34% Undervaluation?
Oct 21Ciena Corporation (NYSE:CIEN) Stocks Shoot Up 30% But Its P/E Still Looks Reasonable
Oct 06Is It Time To Consider Buying Ciena Corporation (NYSE:CIEN)?
Sep 16Ciena: Expecting Growth To Continue Growing From Here On
Sep 06The Price Is Right For Ciena Corporation (NYSE:CIEN)
Aug 15There Are Reasons To Feel Uneasy About Ciena's (NYSE:CIEN) Returns On Capital
Jul 28Does Ciena (NYSE:CIEN) Have A Healthy Balance Sheet?
Jul 13Ciena Corporation's (NYSE:CIEN) Intrinsic Value Is Potentially 82% Above Its Share Price
Jun 27Ciena: Reiterate Buy Rating, Worst Of This Cycle May Be Over
Jun 19At US$45.92, Is Ciena Corporation (NYSE:CIEN) Worth Looking At Closely?
Jun 12Why Ciena Soared And Then Slumped After Q2 2024 Earnings
Jun 10Returns On Capital At Ciena (NYSE:CIEN) Have Stalled
Apr 27Investors Still Waiting For A Pull Back In Ciena Corporation (NYSE:CIEN)
Apr 07Ciena's Large Legacy Business Weighing On Near-Term Growth And Sentiment
Apr 05Shareholders Can Be Confident That Ciena's (NYSE:CIEN) Earnings Are High Quality
Mar 20Is Ciena (NYSE:CIEN) A Risky Investment?
Mar 05Is Now An Opportune Moment To Examine Ciena Corporation (NYSE:CIEN)?
Jan 29Ciena (NYSE:CIEN) Has More To Do To Multiply In Value Going Forward
Dec 24Ciena: Technological Leader In A Secular Growth Market
Dec 19Ciena: Capitalizing On Growing Demand Drivers
Nov 01Ciena: Path To Recovery But Undervalued By The Market
Oct 16Ciena Guidance Helps Ease Some Fears, But Near-Term Demand Is Likely To Be Choppy
Aug 31Ciena: Supply Chain Improving Faster Than Expected Makes It A Buy
Jul 21Ciena Hit Hard On Softer Short-Term Demand Trends
Jun 07Ciena FQ4 2022 Earnings Preview
Dec 07CEO 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 about average for companies of similar size in the US market ($USD12.88M).
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% $ 15.8m | |
| Executive Director | no data | US$381.00k | 0.11% $ 14.1m | |
| Senior VP of Finance & CFO | 17yrs | US$4.37m | 0.23% $ 28.5m | |
| Executive Advisor | 9.1yrs | US$3.92m | 0.027% $ 3.4m | |
| Senior Vice President of Global Customer Engagement | no data | US$3.90m | 0.029% $ 3.6m | |
| Senior VP | 16.1yrs | US$3.64m | 0.15% $ 19.1m | |
| 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% $ 4.4m | |
| Senior VP of Global Marketing & Communications | 1.9yrs | no data | no data | |
| Senior VP & GM of Blue Planet | 1.9yrs | no data | 0.0057% $ 714.0k | |
| Chief Technologist of Research Networks | no data | no data | no data |
14.3yrs
Average Tenure
60yo
Average Age
Experienced Management: CIEN'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% $ 15.8m | |
| Executive Director | 30.7yrs | US$381.00k | 0.11% $ 14.1m | |
| CTO & Member of Technology Advisory Council | 19.7yrs | US$1.81m | no data | |
| Independent Director | 18.3yrs | US$325.00k | 0.029% $ 3.6m | |
| Independent Chairman | 24.1yrs | US$335.00k | 0.0027% $ 341.5k | |
| Member of Government Advisory Board | 19.5yrs | no data | no data | |
| Lead Independent Director | 15.6yrs | US$360.00k | 0.035% $ 4.3m | |
| 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 | 0.021% $ 2.7m |
17.0yrs
Average Tenure
70yo
Average Age
Experienced Board: CIEN'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 | 2024/12/22 16:30 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Management | 10 years |
| |
| 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 49 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 |
| Chandan Sarkar | Auriga USA LLC |