NeoPhotonics Names Veteran Industry Executive Charles J. Abbe to Board of Directors
Former President of JDSU and Optical Coating Laboratory Brings
Wealth of Technology Experience to the NeoPhotonics Board
SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 3, 2012--
NeoPhotonics today announced the appointment of Mr. Charles J. (“Jay”)
Abbe to the company’s Board of Directors.
Mr. Abbe served as president, chief operating officer and director of
JDS Uniphase Corporation from February 2000 until his retirement in June
2001. In 1996, he joined Optical Coating Laboratory, Inc. (NASDAQ: OCLI)
as vice president and general manager of its principal operating unit.
He was promoted to president and chief operating officer in November
1997 and to chief executive officer in April 1998 and during his tenure
the market capitalization of OCLI increased from approximately $125
million in 1996 to $1.3 billion in late 1999. The company was acquired
by JDS Uniphase in February 2000 for $2.8 billion.
From 1990 to 1996, Mr. Abbe served in positions of increasing
responsibility, including senior vice president, electronics sector, at
Raychem Corporation. He practiced business consulting with McKinsey &
Company in San Francisco from 1971 to 1989, serving the last seven years
as a senior partner. Mr. Abbe began his career with the United States
Air Force Rocket Propulsion Laboratory in Edwards, Calif.
Mr. Abbe also served as a director of Opnext, Inc., a publicly-traded
optical communications company, from January 2009 until Opnext’s
acquisition by Oclaro, Inc. (NASDAQ: OCLR) in July 2012, and has served
as a director of Cymer, Inc (NASDAQ: CYMI), a semiconductor capital
equipment company, since 2002.
“NeoPhotonics has become a leading vendor of integrated components for
high speed applications and coherent networks through the advancement of
its photonic integrated circuit technology,” said Mr. Abbe. “This
company has an impressive core technology that offers tremendous
potential for systems manufacturers and carriers to continue driving
down their costs of delivery of bandwidth and flexible services in
wireless and wireline networks.”
“Jay has a tremendous amount of experience in technology strategy and in
telecom network business growth,” said Tim Jenks, CEO and Chairman of
the Board. “And his personal achievements and insights for business
expansion in these areas can bring an important new dimension to the
Mr. Abbe earned a Master's of Business Administration degree from
Stanford University as well as Master of Science and Bachelor of Science
degrees in chemical engineering from Cornell University.
NeoPhotonics also appointed Mr. Abbe to the company's Audit Committee.
NeoPhotonics is a leading designer and manufacturer of photonic
integrated circuit, or PIC, based modules and subsystems for
bandwidth-intensive, high-speed communications networks. The company’s
products enable cost-effective, high-speed data transmission and
efficient allocation of bandwidth over communications networks.
NeoPhotonics maintains headquarters in San Jose, California and ISO
9001:2000 certified engineering and manufacturing facilities in Silicon
Valley (USA) and Shenzhen, China. NeoPhotonics has been included in the
Russell 3000® Index since June 2011. For additional information, visit www.neophotonics.com.
© 2012 NeoPhotonics Corporation. All rights reserved. NeoPhotonics
and the red dot logo are trademarks of NeoPhotonics Corporation. All
other marks are the property of their respective owners.
Source: NeoPhotonics Corporation
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