Focus Stocks
James Frodsham to Assume Integration Responsibilities for Ciena
Published on Thursday, 08 July 2010 16:35 Written by TradersHuddle Staff
LINTHICUM, Md.-( Business Wire )-Ciena® Corporation (NASDAQ: CIEN), the network specialist, today announced that, effective August 1, 2010, James Frodsham, Senior Vice President and Chief Strategy Officer, will assume responsibility for the company’s ongoing integration of the acquired optical and Carrier Ethernet assets of Nortel*’s Metro Ethernet Networks (MEN) business. Frodsham led the deal team for the acquisition, and has since remained central to integration planning and execution. The company also announced that Arthur D. Smith, Ph.D., Senior Vice President and Chief Integration Officer, has resigned effective July 31, 2010, as contemplated by the terms of a previously-disclosed agreement.
“Our integration activities are proceeding well and remain on track. As Chief Integration Officer, Arthur made significant contributions toward designing and implementing our integration strategy for the Nortel MEN assets, and ensuring the resources are in place to continue to execute with speed and clarity,” said Gary Smith, Ciena’s President and CEO. “I’d like to thank Arthur for his more than 13 years of service to the company. He has long been a valued member of the Ciena management team in a variety of roles, including operations, engineering and customer support.”
Smith continued, “As the leader of Ciena’s strategic planning and corporate development activities, James has the extensive experience and knowledge of Ciena required to ensure the continued success of the integration.”
Frodsham has more than 20 years of experience in the communications equipment industry. He joined Ciena in 2004, and previously spent more than 10 years in senior level positions with Nortel.
About Ciena
Ciena specializes in practical network transition. We offer leading network infrastructure solutions, intelligent software and a comprehensive services practice to help our customers use their networks to fundamentally change the way they compete. With a global presence, Ciena leverages its heritage of practical innovation to deliver maximum performance and economic value in communications networks worldwide. We routinely post recent news, financial results and other important announcements and information about Ciena on our website. For more information, visit www.ciena.com.
Note to Investors
Forward Looking Statements: This press release contains certain forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties. These statements are based on information available to the Company as of the date hereof; and Ciena's actual results could differ materially from those stated or implied, due to risks and uncertainties associated with its business, which include the risk factors disclosed in its Report on Form 10-Q, which Ciena filed with the Securities and Exchange Commission on June 10, 2010. Forward-looking statements include statements regarding Ciena's expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. Ciena assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
*'Nortel' is a trademark of Nortel Networks, used under license by Ciena.
Related Articles
- Fibrenoire Deploys Ciena for Metro Ethernet Services
- e|net Selects Ciena’s Carrier Ethernet Solutions to Advance Ireland’s Network Infrastructure
- Ciena Announces Internet Availability of 2012 Annual Meeting Proxy Materials
- Phonoscope Selects Ciena Packet-Optical and Carrier Ethernet Solutions for Next Generation Metro Network
- Ciena Had a Bearish Engulfing Candle
- Research Analyst's New Ratings ( NOK, CSCO, CIEN, JNPR, AAPL, EQT, UA, WWW, FINL, FL )
- NASA Kennedy Space Center’s IT Network Reaches New Frontier
- Ciena Breaking Out?
- PCCW Global Partners with Ciena for Submarine Cable Upgrade
- Lightower Fiber Networks Deploys 100G Services to Customers
Related Partner Headlines
- Chipotle Mexican Grill, JDS Uniphase: After-Hours Trading - TheStreet.com
- Cramer's 'Mad Money' Recap: Customer-Driven Market (Update 1) - TheStreet.com
- Ciena Corporation (CIEN): Today's Featured Telecommunications Winner - TheStreet.com
- Ciena to Gain From Modernization Shift: CEO - TheStreet.com
- Ciena Soars Despite Weaker Guidance - TheStreet.com
- Market Preview: Deja Vu All Over Again - TheStreet.com
- Analysts' Actions: ETR, LULU, NVLS, TXN - TheStreet.com
- Ciena Stock Hits New 52-Week Low (CIEN) - TheStreet.com
TradersHuddle Search
| Sponsored By: |
|
Stock Search: |
|
Site Search: Loading
|
Latest Partner Headlines
-
UPDATE: J.P. Morgan Lowers Price Target on TripAdvisor to - Benzinga -
DA Davidson Maintains Akamai Technologies at Neutral, Raises PT from to - Benzinga -
Dougherty & Company Maintains FEI at Buy, Raises PT from to - Benzinga -
Notable Call Options Activity in Atmel - Benzinga -
UPDATE: Deutsche Bank Raises Target on Panera Bread to 5 - Benzinga -
UPDATE: Piper Jaffray Upgrades Thoratec to Overweight - Benzinga -
Euro Gains on Greek Deal - Benzinga -
Bank of America Subsidiary Reversing or Refunding Million in Fees to Resolve FTC Allegations That it Overcharged Struggling Homeowners - Benzinga
Stock Market
Dow Jones
Company ID [INDEXDJX:.DJI] Last trade:12,876.27 Trade time:11:09AM EST Value change:▼7.68 (-0.06%)S&P 500
Company ID [INDEXSP:.INX] Last trade:1,348.41 Trade time:11:09AM EST Value change:▼1.55 (-0.11%)NASDAQ
Company ID [INDEXNASDAQ:.IXIC] Last trade:2,917.95 Trade time:11:09AM EST Value change:▲2.09 (0.07%)In The Wires
-
Star8 Corporation Information Update -
Marsh & McLennan Companies Group President & COO Dan Glaser to Speak at Bank of America Merrill Lynch Insurance Conference on February 16 -
TETRA Technologies, Inc. Announces Date of Annual Meeting of Stockholders -
Beth Arnholt Joins Comcast as Vice President of Integrated Talent Management -
Bernstein Liebhard LLP Announces Investigation of Acquisition of Taleo Corporation by Oracle Corporation -
WellPoint Named “Top 50 Company for Executive Women” by National Association for Female Executives -
Attitude Drinks Announces Brown Distributing Company to Distribute Phase III® Recovery -
John Hancock Financial Announces 2012 Boston Marathon International Elite Field










