This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

NeoPhotonics Names Veteran Industry Executive Charles J. Abbe To Board Of Directors

NeoPhotonics today announced the appointment of Mr. Charles J. (“Jay”) Abbe to the company’s Board of Directors.

Mr. Abbe served as president, chief operating officer and director of JDS Uniphase Corporation from February 2000 until his retirement in June 2001. In 1996, he joined Optical Coating Laboratory, Inc. (NASDAQ: OCLI) as vice president and general manager of its principal operating unit. He was promoted to president and chief operating officer in November 1997 and to chief executive officer in April 1998 and during his tenure the market capitalization of OCLI increased from approximately $125 million in 1996 to $1.3 billion in late 1999. The company was acquired by JDS Uniphase in February 2000 for $2.8 billion.

From 1990 to 1996, Mr. Abbe served in positions of increasing responsibility, including senior vice president, electronics sector, at Raychem Corporation. He practiced business consulting with McKinsey & Company in San Francisco from 1971 to 1989, serving the last seven years as a senior partner. Mr. Abbe began his career with the United States Air Force Rocket Propulsion Laboratory in Edwards, Calif.

Mr. Abbe also served as a director of Opnext, Inc., a publicly-traded optical communications company, from January 2009 until Opnext’s acquisition by Oclaro, Inc. (NASDAQ: OCLR) in July 2012, and has served as a director of Cymer, Inc (NASDAQ: CYMI), a semiconductor capital equipment company, since 2002.

“NeoPhotonics has become a leading vendor of integrated components for high speed applications and coherent networks through the advancement of its photonic integrated circuit technology,” said Mr. Abbe. “This company has an impressive core technology that offers tremendous potential for systems manufacturers and carriers to continue driving down their costs of delivery of bandwidth and flexible services in wireless and wireline networks.”

“Jay has a tremendous amount of experience in technology strategy and in telecom network business growth,” said Tim Jenks, CEO and Chairman of the Board. “And his personal achievements and insights for business expansion in these areas can bring an important new dimension to the Board.”

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,568.53 -127.94 -0.73%
S&P 500 2,079.65 -12.01 -0.58%
NASDAQ 5,088.63 -48.8540 -0.96%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs