Finisar Announces Departure of Chief Executive Officer

SUNNYVALE, CA--(Marketwired - September 10, 2015) - Finisar Corporation (NASDAQ: FNSR), a global technology leader for subsystems and components for fiber optic communications, today announced that its Board of Directors had accepted the resignation of Chief Executive Officer and director Eitan Gertel. Jerry Rawls, the Company's Executive Chairman, will continue to serve as principal executive and will also assume the title of Chief Executive Officer.

"On behalf of the entire board, we thank Eitan Gertel for his contributions to Finisar," said Robert Stephens, Lead Director of Finisar's Board of Directors. "Jerry, who has a proven track record with our employees, partners and customers and has been our co-principal executive officer, will now provide additional leadership as our Chief Executive Officer."

"Since joining the company in 2008 in connection with the Optium merger, Eitan has played an important role in Finisar's success as the world's largest supplier of optical transceivers and subsystems," stated Jerry Rawls. "We appreciate Eitan's leadership and the important strategic initiatives he has driven for the Company."

ABOUT FINISAR
Finisar Corporation (NASDAQ: FNSR) is a global technology leader for fiber optic subsystems and components that enable high-speed voice, video and data communications for telecommunications, networking, storage, wireless, and cable TV applications. For 25 years, Finisar has provided critical optics technologies to system manufacturers to meet the increasing demands for network bandwidth. Finisar is headquartered in Sunnyvale, California, USA with R&D, manufacturing sites, and sales offices worldwide. For additional information, visit www.finisar.com.

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