Ciena CEO Gary Smith's 2020 pay rises 2% to $11M

Ciena reports 2020 executive compensation

By ExecPay News

Published: February 18, 2021

Ciena reported fiscal year 2020 executive compensation information on February 18, 2021.
In 2020, five Ciena executives received on average a compensation package of $4.6M, a 7% 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 2% compared to 2019. 81% of Smith's compensation, or $9.1M, was in stock awards. Smith also received $1.1M in non-equity incentive plan, $988K in salary, as well as $11K in other compensation.
For fiscal year 2020, the median employee pay was $98,261 at Ciena. Therefore, the ratio of Gary B. Smith's pay to the median employee pay was 114 to one.
James E. Moylan, Jr, Chief Financial Officer, received a compensation package of $3.1M, which decreased by 7% compared to previous year. 66% of the compensation package, or $2M, was in stock awards.
Jason M. Phipps, SVP, Global Customer Engagement, earned $3M in 2020, a 7% increase compared to previous year.
Scott A. McFeely, SVP, Global Products and Services, received $2.9M in 2020, which increases by 8% compared to 2019.
David M. Rothenstein, General Counsel, earned $2.6M in 2020, a 5% decrease compared to previous year.
Ciena's fiscal year ends on October 31.

Related executives

Gary Smith

Ciena

Chief Executive Officer

James Moylan

Ciena

Chief Financial Officer

Scott McFeely

Ciena

SVP, Global Products and Services

Jason Phipps

Ciena

SVP, Global Customer Engagement

David Rothenstein

Ciena

General Counsel

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Source: SEC filing on February 18, 2021.