Ciena Corporation (NYSE:CIEN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
ITEM 5.02 – DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION
OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY
ARRANGEMENTS OF CERTAIN OFFICERS
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(b) On January 19, 2017, Franois Locoh-Donou, Senior
Vice President and Chief Operating Officer, notified Ciena Corporation (Ciena) of his decision to resign as an officer and employee of Ciena and its subsidiaries, effective as of March 23, 2017 or such earlier date as may be mutually agreed. In connection with Cienas broader organizational design planning, Ciena and Mr. Locoh-Donou have agreed to work together to provide for an orderly transition of his organizational functions.
Additional information regarding Mr. Locoh-Donous
departure is included in the press release furnished as Exhibit 99.1 to this Form 8-K. |
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Exhibit Number
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Description of Document
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Exhibit 99.1
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Text of Press Release dated January 24, 2017, issued by
Ciena Corporation, reporting the resignation of Franois Locoh-Donou, Senior Vice President and Chief Operating Officer. |
About Ciena Corporation (NYSE:CIEN)
Ciena Corporation is a network specialist that focuses on providing communications networking solutions. The Company operates through four segments: Converged Packet Optical, Packet Networking, Optical Transport, and Software and Services. Its Converged Packet Optical portfolio includes networking solutions optimized for the convergence of coherent optical transport, optical transport network (OTN) switching and packet switching. Its Optical Transport products include stand-alone wavelength-division multiplexing (WDM) and synchronous optical networking/synchronous digital hierarchy (SONET/SDH)-based optical transport solutions. Its Packet Networking portfolio includes 8700 Packetwave platform, a multi-terabit packet switching platform for high-density metro networks and inter-data center wide area networks. Its software business consists of the development and licensing of element and network management software, and software-related services that support its hardware offerings. Ciena Corporation (NYSE:CIEN) Recent Trading Information
Ciena Corporation (NYSE:CIEN) closed its last trading session up +0.38 at 25.03 with 2,349,169 shares trading hands.
