28 March 2017

Finisar appoints former Coherent CFO as new director

Fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA says that Helene Simonet has been appointed to its board of directors, which now consists of seven directors who are elected to staggered three-year terms. Simonet will serve as a Class II director with a term running until the annual meeting of stockholders in 2019.

Simonet served as executive VP & chief financial officer of Coherent Inc (a provider of photonics-based solutions to the commercial and scientific research markets) from April 2002 to February 2016. From December 1999 to April 2002, she was VP of finance of Coherent’s former Medical Group and VP of finance of its Photonics Division. Prior to joining Coherent, Simonet spent over 20 years in senior finance positions at Raychem Corp. She has been a director of Rogers Corp since October of 2014.

“Her experience in both executive and financial management of global technology manufacturing companies makes her an excellent addition to the board,” comments CEO & chairman Jerry Rawls.

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Finisar reports another quarterly revenue record, but up only 2.9%

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