Ciena CEO Gary Smith's 2019 pay jumps 21% to $11.0M

Ciena reports 2019 executive compensation

By ExecPay News

Published: February 19, 2020

Ciena reported fiscal year 2019 executive compensation information on February 19, 2020.
In 2019, six Ciena executives received on average a compensation package of $4.3M, a 15% increase compared to previous year.
Average pay of disclosed executives at Ciena
Gary B. Smith, Chief Executive Officer, received $11M in total, which increased by 21% compared to 2018. 72.89% of Smith's compensation, or $8M, was in stock awards. Smith also received $2M in non-equity incentive plan, $1M in salary, as well as $16.4K in other compensation.
For fiscal year 2019, the median employee pay was $113,412 at Ciena. Therefore, the ratio of Gary B. Smith's pay to the median employee pay was 97 to one.
James E. Moylan, Jr, Chief Financial Officer, received a compensation package of $3.3M, which increased by 24% compared to previous year. 57.82% of the compensation package, or $1.9M, was in stock awards.
James A. Frodsham, Former SVP and Chief Strategy Officer, earned $3M in 2019.
Jason M. Phipps, SVP, Global Sales and Marketing, received $2.8M in 2019.
Scott A. McFeely, SVP, Global Products and Services, earned $2.7M in 2019, a 29% increase compared to previous year.
David M. Rothenstein, General Counsel, received $2.7M in 2019, which increases by 27% compared to 2018.
Ciena's fiscal year ends on October 31.

Related executives

Gary Smith

Ciena

Chief Executive Officer

James Moylan

Ciena

Chief Financial Officer

James Frodsham

Ciena

Former SVP and Chief Strategy Officer

Scott McFeely

Ciena

SVP, Global Products and Services

Jason Phipps

Ciena

SVP, Global Sales and Marketing

David Rothenstein

Ciena

General Counsel

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Source: SEC filing on February 19, 2020.