News: Optoelectronics
5 June 2020
Infinera appoints two directors, increasing board size to 11
Infinera Corp of Sunnyvale, CA, USA, a vertically integrated manufacturer of digital optical network systems incorporating its own indium phosphide (InP)-based photonic integrated circuits (PICs), has appointed George Riedel and Christine Bucklin to its board of directors. Riedel has executive leadership experience in the global networking and cybersecurity industries and track record in strategy and mergers and acquisitions (M&A). Bucklin has experience in operations, strategic planning and management consulting.
“George’s deep knowledge of the networking industry and his breadth of strategic experience as a senior technology executive will be invaluable to Infinera as we focus on building shareholder value,” comments chairman Kambiz Hooshmand. “Christine’s diversity of thinking, together with her strong operational experience and strategic discipline, will continue to strengthen the skills and perspectives of our board as Infinera continues to drive our innovative solutions into the world’s leading network operators and the entire optical ecosystem.”
Riedel has been a senior lecturer in the General Management Unit at Harvard Business School since 2017. From 2014 to 2017, he was chairman & CEO of cybersecurity company CloudMark Inc, overseeing its sale to Proofpoint Inc in 2017. From 2006 to 2011, he served in executive leadership roles at Canadian telecoms and data networking equipment manufacturing company Nortel Networks Corp, including as chief strategy officer and vice president of Business Units. From 2003 to 2006, Riedel was VP of strategy and M&A at networking and cybersecurity company Juniper Networks. From 1987 to 2003, he worked at McKinsey & Company, including as a senior partner. Riedel has served as an independent director at technology company Xperi Corp since 2013 and at health information technology company Cerner Corp since April 2019. Between 2010 and 2017, he also served on various boards, including as chairman of Canadian network communications software company Accedian Networks Inc and as a director for caching solution provider PeerApp Ltd and compliance innovation company NextDocs Corp (acquired by Aurea Software, Inc). Riedel has a BS with distinction in Mechanical Engineering from the University of Virginia and an MBA from Harvard Business School.
Bucklin was managing director Operations Group at private equity firm Gryphon Investors Inc from 2015 to 2018. From 2008 to 2010, she was senior VP, Corporate Strategic Planning at technology company Sun Microsystems Inc, prior to its acquisition by Oracle Corp in 2010. From 1999 to 2007, Bucklin was chief operating officer of internet media company Internet Brands Inc. From 1988 to 1999, she worked at consulting company McKinsey & Company, including as a partner. From 2011 to 2019, she was a director for radio station and event company Local Media San Diego LLC. From 2015 to 2018, she served as a director for Leadership Platform Acquisition Corp, a portfolio company of Gryphon Investors related to educational services. Bucklin has an AB in Mathematics from Dartmouth College and an MBA from Stanford Business School.
In connection with the appointments, Infinera’s board of directors increased from nine to 11 members. Riedel will serve as a Class I director with a term expiring at the 2023 Annual Meeting of Stockholders and Bucklin will serve as a Class III director with a term expiring at the 2022 Annual Meeting of Stockholders. Bucklin is the independent designee as defined in the letter agreement between Infinera and Oaktree Optical Holdings L.P. dated 13 April.
Infinera enters into agreement with Oaktree; appoints Amy Rice to board
