Wednesday, February 19, 2020

Ciena CEO receives 21% pay increase following year of growth

Ciena Corp. executives all received large pay increases after a year that saw the networking company exceed many of its financial targets. CEO Gary B. Smith led the way with a compensation package totaling $11.02 million in 2019, up 20.6% from $9.1 million the prior year, according to Ciena’s proxy statement filed Wednesday with the U.S. Securities and Exchange Commission. Smith has been CEO of Ciena (NYSE: CIEN) since 2001. Smith’s compensation included a 10% increase in his base salary to $1.01…



from https://www.bizjournals.com/baltimore/news/2020/02/19/ciena-ceo-receives-21-pay-increase-following-year.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/190915805337

No comments:

Post a Comment