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
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Oclaro Appoints Pete Mangan As Chief Financial Officer

SAN JOSE, Calif., Oct. 22, 2013 /PRNewswire/ --  Oclaro, Inc. (NASDAQ: OCLR), a leading provider and innovator of optical communications solutions, today announced Pete Mangan, a 30-year technology finance veteran, has been appointed as chief financial officer (CFO), effective November 11, 2013.  Mangan, currently vice president, corporate finance for Oclaro, will succeed Jerry Turin, who previously announced plans to resign on November 8, 2013 to pursue other opportunities.  Mangan will report directly to Greg Dougherty, CEO.

(Logo: http://photos.prnewswire.com/prnh/20130129/SF49903LOGO)

"As vice president of corporate finance, Pete has been an instrumental leader in helping drive our restructuring plan," said Greg Dougherty, chief executive officer, Oclaro.  "His financial discipline and his wealth of experience in finance, restructuring and technology businesses are a strong complement to the executive team and we anticipate a seamless transition into his new role as CFO."

Mr. Mangan joined Oclaro in May 2012 as vice president of corporate finance. Since joining the company he has been responsible for the global operations finance team and recently the corporate accounting and tax group.  Mr. Mangan brings Oclaro nearly 30 years of experience in a wide range of finance positions with leading companies including AMD, Trident Microsystems, FormFactor, Spansion, Asyst Technologies, and Sun Microsystems.  Mangan served as CFO at Trident Microsystems from 1996 to 1998 and again from 2008 to 2012.  He holds a bachelor's degree in Business Economics from UC Santa Barbara.

"Oclaro is making progress on its plans to return the company to fiscal stability," said Mangan. "Our recently announced divestitures are an important step in restructuring the company. I look forward to working even more closely with the Oclaro executive team to create a successful turn-around and sustainable company."

Stock quotes in this article: OCLR 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs