secwatch.observer — SEC 8-K summary
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Issuer:     CIENA CORP (CIEN)
CIK:        0000936395
Form:       8-K
Filed at:   2025-06-18T23:59:59+00:00
Accession:  0000936395-25-000029
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ciena appoints Marc D. Graff as CFO effective Aug 1, 2025
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- Marc D. Graff named SVP and CFO, reporting to CEO Gary B. Smith, effective August 1, 2025.
- Graff brings nearly 30 years of finance experience, most recently as CFO at Altera (Intel subsidiary).
- Compensation: $650K base salary, target 100% cash bonus, $1.95M sign-on bonus, $10.486M equity grant.
- Outgoing CFO James E. Moylan Jr. retires after 16+ years; effective August 28, 2025, to assist transition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936395/000093639525000029/0000936395-25-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936395/000093639525000029/cien-20250618.htm
  HTML page:      https://secwatch.observer/filing/0000936395-25-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer