Tech — Hardware
Ciena Executive Compensation (FY25)
CIEN · Hanover, MD · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): March 31, 2026
300 figures on this page: 294 cited to the filing that reported them, 6 calculated from figures it prints. See the citations
Total compensation for Gary Smith, President and CEO, came to $18,530,396 in fiscal 2025, and Smith's total moved 31.6% higher from the $14,076,773 reported for fiscal 2024. For fiscal 2025, the company reported a chief executive pay ratio of 166:1, against median employee compensation of $111,613. Shareholders supported the say-on-pay proposal with 95.4% of votes cast including abstentions in favor at the meeting held March 26, 2026 for fiscal 2025. The disclosed peer group includes Akamai Technologies, Cadence Design Systems, Calix, Coherent Corp and CommScope, among others.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Gary Smith: $14,076,773 → $18,530,396 (31.6% higher)
Say-on-pay support: 94.5% → 95.4% (0.9 points higher)
CEO pay ratio: 141:1 → 166:1 (17.7% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Ciena's chief executive and what were they paid?
Total compensation for Gary Smith, President and CEO, came to $18,530,396 in fiscal 2025. Smith's total moved 31.6% higher from the $14,076,773 reported for fiscal 2024.
What was Ciena's say-on-pay result?
Shareholders supported the say-on-pay proposal with 95.4% of votes cast including abstentions in favor at the meeting held March 26, 2026 for fiscal 2025.
Which companies are in Ciena's peer group?
The disclosed peer group includes Akamai Technologies, Cadence Design Systems, Calix, Coherent Corp and CommScope, among others.
What is Ciena's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 166:1, against median employee compensation of $111,613.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Gary Smith President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Andrew Petrov Executive Vice President, Chief Revenue Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Rick Hamilton Executive Vice President, Chief Information Officer and President, Blue Planet | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Scott McFeely Executive Vice President, Global Products and Services | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
James Moylan Senior Vice President, Finance and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Gary Smith President and CEO | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
James Moylan, Jr. SVP and CFO | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Scott McFeely SVP, Global Products and Services | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jason Phipps SVP, Global Customer Engagement | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
David Rothenstein SVP, Chief Strategy Officer and Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Gary Smith President and CEO | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
James Moylan, Jr. SVP and CFO | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jason Phipps SVP, Global Customer Engagement | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
David Rothenstein SVP, Chief Strategy Officer and Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Dino DiPerna SVP, Global R&D | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Gary Smith President and CEO | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Marc Graff SVP and CFO | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Jason Phipps SVP, Global Customer Engagement | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
David Rothenstein SVP, Chief Strategy Officer and Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Dino DiPerna SVP, Global R&D | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
James Moylan, Jr. SVP and CFO (former) Departed during or after this year | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| David M. Rothenstein | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| David M. Rothenstein | MSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| David M. Rothenstein | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Dino DiPerna | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Dino DiPerna | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Dino DiPerna | MSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Gary B. Smith | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Gary B. Smith | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Gary B. Smith | MSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jason M. Phipps | MSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jason M. Phipps | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jason M. Phipps | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Marc D. Graff | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| David Rothenstein | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Jason Phipps | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Dino DiPerna | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| James Moylan | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Gary Smith | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Marc Graff | RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Lawton W. Fitt Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Devinder Kumar | ◇ | ◇ | — | — | — | — | ◇ |
Joanne B. Olsen | ◇ | ◇ | — | — | — | — | ◇ |
Bruce L. Claflin | ◇ | ◇ | — | — | — | — | ◇ |
Patrick T. Gallagher | ◇ | ◇ | — | — | — | — | ◇ |
Hassan M. Ahmed, Ph.D | ◇ | ◇ | — | — | — | — | ◇ |
Mary G. Puma | ◇ | ◇ | — | — | — | — | ◇ |
T. Michael Nevens | ◇ | ◇ | — | — | — | — | ◇ |
Patrick H. Nettles, Ph.D | — | — | — | — | — | ◇ | ◇ |
Gary B. Smith served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Lead independent director premium | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Akamai Technologies AKAM
- Cadence Design Systems CDNS
- Calix CALX
- Coherent Corp COHR
- CommScope symbol not shown
- Extreme Networks EXTR
- F5 Networks FFIV
- Juniper Networks JNPR
- Keysight Technologies KEYS
- Logitech LOGI
- Lumentum LITE
- Motorola Solutions MSI
- NetApp NTAP
- Nutanix NTNX
- Sanmina SANM
- Synopsys SNPS
- ViaSat VSAT
- Zebra Technologies ZBRA
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | March 26, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | March 27, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | March 21, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | March 30, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | March 31, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | April 1, 2021 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Ciena disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Ciena sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
300 figures on this page: 294 cited to the filing that reported them, 6 calculated from figures it prints.
294 cited to the filing
6 calculated from the filing
Documents cited
- 0001628280-26-022342Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-26-047977CEO Pay Ratio · Director compensation · Fiscal 2025 Director Compensation Table · Fiscal 2025 Grants of Plan-Based Awards · and 3 more sections
- 0000936395-25-000015Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000950170-25-019400Fiscal 2024 Summary Compensation Table
- 0000936395-24-000012Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-24-027738Fiscal 2023 Summary Compensation Table
- 0000936395-23-000018Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-23-040833Summary Compensation Table
- 0000936395-22-000035
- 0000936395-21-000015
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Ciena executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/CIEN (accessed 2026).
Short form: data: Velarion
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Tech — Hardware rankings
Peers Ciena discloses
The companies named in CIEN's own disclosed peer group.
Terms on this page
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}