Contact Information: Contact: Steve Workman Chief Financial Officer 408-548-1000 Victoria McDonald Senior Manager, Corporate Communications 408-542-4261 investor.relations@Finisar.com
Finisar Corporation Appoints Tom Pardun as New Director
| Source: Finisar
SUNNYVALE, CA--(Marketwire - December 28, 2009) - Finisar Corporation (NASDAQ : FNSR ), a
technology leader in fiber optic solutions for high-speed networks, today
announced that the Board of Directors has appointed Thomas E. Pardun to
fill an existing vacancy on the Board. Morgan Jones of Battery Ventures,
who had served as a member of our Board since the completion of the Optium
merger in August 2008, previously announced his decision not to stand for
re-election at the Company's annual meeting of stockholders held on
November 18, 2009. Finisar's Board consists of nine directors who are
elected to staggered three-year terms. Mr. Pardun will serve as a director
until the annual meeting of stockholders in 2012.
Mr. Pardun is currently Chairman of Western Digital Corporation, one of the
world's largest manufacturers of hard-disk drives for the personal computer
and home entertainment markets. He has served in this capacity from January
2000 until January 2002 and again since April 2007. He worked for 8 years
in various positions at MediaOne and its predecessor company U S West,
with the most recent being President of MediaOne International Asia-Pacific
before retiring in July of 2000. Prior to U S West, he was President of the
Central Group for Sprint. Previously, Mr. Pardun held a variety of
management positions during a 19-year tenure with IBM, concluding as
Director of Product Line Evaluation at IBM's New York marketing
headquarters.
"I am pleased to welcome Tom to our Board," said Jerry Rawls, Finisar's
executive Chairman of the Board. "His background in both high volume
manufacturing and the telecommunications industry gives him a valuable
perspective from which to guide our company in the years ahead. I would
also like to thank Morgan Jones for his service and his valuable
contributions following the Optium merger."
ABOUT FINISAR
Finisar Corporation (NASDAQ : FNSR ) is a global technology leader for fiber
optic subsystems and network test systems that enable high-speed voice,
video and data communications for networking, storage, wireless, and cable
TV applications. For more than 20 years, Finisar has provided critical
optics technologies to system manufacturers to meet the increasing demands
for network bandwidth and storage. Finisar is headquartered in Sunnyvale,
California, USA with R&D, manufacturing sites, and sales offices worldwide.
For additional information, visit www.finisar.com.