8-KLeadership Changes

CIENA CORP 8-K Report, Executive Changes (Jul 8, 2010)

Filed July 8, 2010For Securities:CIEN

Summary

Ciena Corporation (CIEN) filed an 8-K on July 8, 2010, reporting the resignation of Arthur D. Smith, Ph.D., as Senior Vice President and Chief Integration Officer, effective July 31, 2010. Dr. Smith's departure is noted, and it's stated he will receive previously disclosed compensation benefits subject to certain conditions. The filing indicates that further details regarding Dr. Smith's resignation are available in a press release furnished as Exhibit 99.1 to this report. This event falls under Item 5.02 of Form 8-K, which covers the departure of directors or certain officers, election of directors, and appointments of officers. Investors should note this change in a key executive position and refer to the referenced exhibit for more comprehensive information.

Key Highlights

  • 1Arthur D. Smith, Ph.D., Senior Vice President and Chief Integration Officer, has resigned from Ciena Corporation.
  • 2Dr. Smith's resignation is effective July 31, 2010.
  • 3Following his resignation, Dr. Smith is entitled to certain compensation benefits, subject to previously disclosed conditions.
  • 4The resignation is disclosed under Item 5.02 of Form 8-K, relating to departures of officers.
  • 5Additional information regarding the resignation is provided in a press release, Exhibit 99.1.

Frequently Asked Questions

Arthur D. Smith, Ph.D., Senior Vice President and Chief Integration Officer, is resigning from Ciena Corporation.

Dr. Smith's resignation is effective as of July 31, 2010.

The filing does not detail the specific operational impact, but the departure of a Senior Vice President and Chief Integration Officer signifies a change in executive leadership. Further context may be available in the furnished press release (Exhibit 99.1).

Yes, Dr. Smith will be entitled to certain compensation benefits, subject to conditions previously disclosed in Ciena's Form 8-K filed on February 5, 2010.