Ciena (Nasdaq: CIEN) is making some changes to its top management team following a less than stellar fiscal Q2 and a weaker than anticipated Q3 financial outlook.
Under the new management scheme, three of Ciena's top brass will transition into new roles:
- Mike Aquino, currently Senior Vice President, Global Field Operations, will assume the role of General Manager, Global Government Solutions;
- Philippe Morin, currently Senior Vice President, Global Products Group, will assume the role of Senior Vice President, Global Field Operations;
- François Locoh-Donou, currently Vice President and General Manager, EMEA, will assume the role of Senior Vice President, Global Products Group.
Ciena said that these changes, which go into effect in the beginning of Ciena's fiscal fourth quarter 2011 in August, are "designed to support the company's next phase of growth and emphasize continued alignment between our product development activities and market demands."
- see the release
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