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CIENA CORP 8-K Report, Material Agreement (Oct 31, 2005)

Reports
Material Agreements
Filing Date
Filed October 31, 2005
Period End
October 25, 2005
Security
CIEN
In the record · 2016–202610-K1010-Q338-K105

CIEN filed 10 annual reports (10-K), 33 quarterly reports (10-Q) and 105 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · Apr ’16Apr ’16
  2. FY2018 annual report10-K · Dec ’18Dec ’18
  3. Leadership change8-K · Apr ’21Apr ’21
  4. Leadership change8-K · Jun ’25Jun ’25

01—Abstract

Summary

Summary of the 8-K filed October 31, 2005. Cited figures are marked; the original filing is the authoritative source.

CIENA CORP (CIEN) filed an 8-K on October 31, 2005, reporting a material definitive agreement.

Specifically, on October 25, 2005, the Compensation Committee of the Board of Directors approved increases to the annual base salaries of two key executives: Stephen B. Alexander, Chief Technology Officer and Senior Vice President of Products & Technology, and Arthur Smith, Ph.D., Sr. Vice President of Global Operations. Both executives received a revised annual base salary of $325,000a.

This filing primarily concerns executive compensation adjustments and is important for investors to note as it reflects the company's decision to increase the remuneration for critical leadership roles. Such decisions can sometimes indicate management's confidence in future performance or the need to retain top talent in competitive markets. Investors should consider this alongside other company announcements and financial reports to fully assess its implications.

02—Key points

Key Highlights

  1. Ciena Corporation (CIEN) filed an 8-K report on October 31, 2005.
  2. The report details a material definitive agreement related to executive compensation.
  3. On October 25, 2005, Ciena's Compensation Committee approved salary increases for two senior executives.
  4. Stephen B. Alexander, CTO and SVP of Products & Technology, received a salary increase.
  5. Arthur Smith, Ph.D., SVP of Global Operations, also received a salary increase.
  6. Both executives' revised annual base salary is now $325,000.

03—Questions

Frequently Asked Questions

  1. What is the main purpose of this 8-K filing?

    The main purpose of this 8-K filing is to report a material definitive agreement concerning an increase in annual base salaries for two key executives at Ciena Corporation.

  2. Which executives received salary increases, and what are their new salaries?

    Stephen B. Alexander, Chief Technology Officer and Senior Vice President of Products & Technology, and Arthur Smith, Ph.D., Sr. Vice President of Global Operations, both received an increase in their annual base salary to $325,000.

  3. When did these salary increases become effective?

    The Compensation Committee of the Board of Directors approved these salary increases on October 25, 2005.

  4. Does this filing provide any financial performance updates for Ciena?

    No, this specific 8-K filing does not provide any financial performance updates. It solely reports on the material definitive agreement regarding executive compensation adjustments.

04—Continue

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