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ADTRAN Inc (ADTN.OQ)

ADTN.OQ on NASDAQ Stock Exchange Global Select Market

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11 Dec 2018
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Summary

Name Age Since Current Position

Thomas Stanton

53 2007 Chairman of the Board, Chief Executive Officer

Roger Shannon

52 2015 Chief Financial Officer, Senior Vice President - Finance, Treasurer, Corporate Secretary

Charles Marsh

51 2017 Senior Vice President - Global Sales

Michael Foliano

57 2015 Senior Vice President - Global Operations

Kevin Heering

46 2017 Senior Vice President - Services and Support

Eduard Scheiterer

64 2015 Senior Vice President - Engineering and Development

James Wilson

47 2015 Senior Vice President - Technology and Strategy

H. Fenwick Huss

67 2002 Independent Director

William Marks

74 1993 Independent Director

Gregory McCray

54 2017 Independent Director

Anthony Melone

58 2016 Independent Director

Balan Nair

51 Independent Director

Roy Nichols

79 2017 Independent Director

Jacqueline Rice

46 2016 Independent Director

Kathryn Walker

58 2014 Independent Director

Cathy Hoffman-Young

2017 Corporate Services Administrator

Biographies

Name Description

Thomas Stanton

Mr. Thomas R. Stanton serves as Chairman of the Board, Chief Executive Officer the Company. He has served as our Chief Executive Officer and a director since September 2005, and as our Chairman of the Board since April 2007. Before becoming our Chief Executive Officer, Mr. Stanton served as our Senior Vice President and General Manager – Carrier Networks from 2001 to September 2005, Vice President and General Manager – Carrier Networks from 1999 to 2001, and Vice President – Carrier Networks Marketing from 1995 to 1999. Before joining ADTRAN, Mr. Stanton served as Vice President – Marketing & Engineering for Transcrypt International, Inc. in 1995. He also served as Director, Marketing and then Senior Director, Marketing, for the E.F. Johnson Company from 1993 until joining Transcrypt in 1995. Mr. Stanton has served on the board of directors for a number of technology companies, the Chamber of Commerce of Huntsville/Madison County, as Chairman for the Federal Reserve Bank of Atlanta’s Birmingham Branch and currently serves as Chairman for the Telecommunications Industry Association (TIA). He is also a board member for the Economic Development Partnership of Alabama (EDPA). Mr. Stanton has been selected as a nominee for director because he is our Chief Executive Officer and has extensive knowledge of all facets of our company and extensive experience in all aspects of our industry.

Roger Shannon

Mr. Roger D. Shannon serves as Chief Financial Officer, Senior Vice President - Finance, Treasurer, Corporate Secretary of the Company. Prior to joining ADTRAN, Mr. Shannon has more than 20 years' experience leading financial organizations at large multi-national public companies. Prior to joining ADTRAN, he served as CFO, treasurer and principal accounting officer at Steel Technologies LLC, a publicly held company prior to its becoming a subsidiary of Mitsui & Co., Ltd. and Nucor Corporation. During his career, he has held financial leadership positions in a wide range of industries at large and midsize international companies in the manufacturing, consumer goods and business services markets. Roger holds a MBA from the Terry Graduate School of Business at the University of Georgia and a bachelor's degree in accounting from Auburn University. He is a certified public accountant and chartered financial analyst.

Charles Marsh

Mr. Charles Marsh serves as Senior Vice President - Global Sales of the Company. Marsh brings extensive sales experience working with large, incumbent service providers, leading cable operators and innovative rural carriers that are changing lives in their communities. He has served in a variety of executive positions in the technology industry. His software and sales leadership enhances ADTRAN's continuing efforts to bring the solutions and technologies to market that network operators require to elevate, expand and improve the high-performance services and applications needed to move their businesses forward. Before joining ADTRAN, Marsh served as the managing director for Xura. Prior to that, Marsh held a variety of different leadership and sales roles for several leading technology companies, including vice president of sales for the Americas for Hewlett Packard Enterprise and as president of American sales for Alcatel-Lucent, now Nokia. Marsh is well versed in the technology and trends of the telecommunications industry, and will play a fundamental role in ADTRAN's commitment to helping carriers in defining the future network.

Michael Foliano

Mr. Michael K. Foliano is the Senior Vice President - Global Operations of the Company. From 2005 - 2006 he was Senior Vice President, Sales, Services and Supply Chain - Somera Communications Inc, from 2004 – 2005 he was Senior Vice President of Global Operations, Mike is responsible for all manufacturing, supply chain and logistics functions, as well as ADTRAN's corporate IT, facilities and real estate functions. He has more than 30 years of industry experience, including serving as Senior Vice President of Global Operations for Somera Communications as well as several executive positions within Lucent Technologies and AT&T. His responsibilities have included managing global production, logistics, customer service, business services, information technology, supply chain planning and procurement. Mike holds a Bachelor of Science degree in Industrial and Systems Engineering from Ohio University, a Master of Science degree in Industrial Engineering from Purdue University, and a Master of Science degree in Management from Stanford University.

Kevin Heering

Mr. Kevin P. Heering serves as Senior Vice President - Services and Support of the Company. He was Senior Vice President - Quality and Administration of the Company. He was Vice President - Quality from 2010 to 2014 . Mr. Heering was Engineering Director of Enterprise Network Systems from 2007 to 2010 . He was Engineering Manager of Enterprise Network Systems from 1999 to 2007. He was Design Engineer of Enterprise Network Systems, from 1994 to 1999.

Eduard Scheiterer

Mr. Eduard Scheiterer is the Senior Vice President - Engineering and Development of the Company. He served As Senior Vice President of Research and Development, Eduard is responsible for all of ADTRAN's design and development resources and processes around the world. Eduard has previously served as Senior Vice President and Managing Director, for ADTRAN's international markets where he was responsible for business in the EMEA and APAC region and day-to-day operations of ADTRAN GmbH and ADTRAN International. He also previously served as the managing Director of ADTRAN GmbH, where he was responsible for business in the EMEA region as well as the day-to-day operations of ADTRAN GmbH. He joined ADTRAN in May 2012 following ADTRAN's acquisition of NSN's (Nokia Siemens Network's) Broadband Access Business. Prior to joining ADTRAN, Eduard was Head of Broadband Access for NSM and held several senior management roles at NSN and Siemens. Eduard holds a Master of Science degree and a PhD in Electrical Engineering and Telecommunication from the Technical University, Vienna, Austria.

James Wilson

Mr. James Denson Wilson, Jr. is Senior Vice President - Technology and Strategy of the Company. He served As Senior Vice President of Technology and Strategy, Jay is responsible for developing the strategy, portfolio and direction for the company’s global business to enable the delivery of customer solutions and market leadership into target market segments and the global customer base. Jay joined ADTRAN in 1998 and most recently served as Senior Vice President and General Manager of ADTRAN’s Carrier Networks Division. He has played a key role in the development and introduction of several ADTRAN product lines that are widely deployed by telecommunications carriers. Prior to joining ADTRAN, Jay served in a number of management roles for Wyle Laboratories. While there, his responsibilities included sales, marketing and engineering management for Wyle’s testing and engineering services to the telecommunications, aerospace/defense and nuclear equipment qualification industries. Jay holds a Bachelor of Science degree in Electrical Engineering from Vanderbilt University.

H. Fenwick Huss

Dr. H. Fenwick Huss is Independent Director of Adtran Inc since October 2002. He served as the Willem Kooyker Dean of the Zicklin School of Business at Baruch College, a senior college of The City University of New York since July 1, 2014. He is also a tenured Professor in Baruch’s Stan Ross Department of Accountancy. He previously served as Dean of the J. Mack Robinson College of Business at Georgia State University from 2004 to 2014. Prior to his appointment as Dean, Dr. Huss was Associate Dean from 1998 to 2004 and Director of the School of Accountancy at Georgia State from 1996 to 1998, and on the faculty since 1989. He also served on the faculty of the University of Maryland as an assistant professor from 1983 to 1989 and is a visiting professor at the Université Paris 1 Pantheon-Sorbonne. Dr. Huss has been a member of our Board of Directors since October 2002 and has served as our lead director since May 2015. Dr. Huss also currently serves as a member of our Audit, Compensation and Nominating and Corporate Governance Committees. Dr. Huss has been selected as a nominee for director because he brings the point of view of academia and in particular the information and new concepts that develop in the business school environment, because he has extensive experience and knowledge of financial accounting and corporate finance and because he has management experience in the academic environment.

William Marks

Mr. William L. Marks is Independent Director of Adtran Inc since 1993. He served as Chairman of the Board and Chief Executive Officer of Whitney Holding Corp., the holding company for Whitney National Bank of New Orleans, from 1990 to his retirement in March 2008, and served in various executive and management capacities with AmSouth Bank, N.A. from 1977 to 1990. Mr. Marks served as a director of CLECO Corporation and CLECO Power, LLC from 2001 to April 2016, and as a Life Trustee of Wake Forest University. Mr. Marks has served as a director of ADTRAN since 1993 and currently serves as a member of our Audit and Nominating and Corporate Governance Committees. Mr. Marks has been selected as a nominee for director because of his career in finance and financial services, because of his expertise in banking and corporate finance and because of his extensive experience as an executive and senior manager in the course of his career.

Gregory McCray

Mr. Gregory James McCray is Independent Director of the Company. Mr. McCray is an experienced executive with 30 years of business, marketing, sales, engineering, operations, M&A, management and international experience in the communications and technology industries. Currently, Mr. McCray is the President of McCray Consulting providing technical, management and business consulting to technology companies and investors. He also operated this firm in 2016 with clients that included software, cyber security, clean technology, telecom, systems integration and data networking companies. In 2017 he was the Chief Executive Officer of Alphabet’s Access/Google Fiber/Wireless Internet company that provides 1Gbps internet, TV, and phone service in several markets across the United States. Prior to that, from 2013 through 2015, Mr. McCray served as Chief Executive Officer of Aero Communications Inc., which provides installation, construction, engineering and support services to the communications industry. From 2003 through 2012, he was Chief Executive Officer and Board Chair of Antenova Limited, a global company that developed antenna components and RF modules for mobile devices and then sold to Microsoft. Previous to Antenova, he was the Chairman and CEO of PipingHot Networks from 2000 to 2002, which brought broadband fixed wireless access equipment to market and eventual acquisition by Motorola. In 1997 to 2000, Mr. McCray was Senior VP of Customer Operations at Lucent Technologies for Europe, Middle East, and Africa. He preceded this by leading sales operations for the Eastern Region of the United States for Lucent from 1994 to 1997. Earlier in his career, he held engineering, product management and other managerial roles at AT&T, Bell Laboratories, and IBM. From 2005 to February 2017, he was on the Board of Directors of CenturyLink, Inc. (NYSE:CTL),

Anthony Melone

Mr. Anthony J. Melone is Independent Director of the Company. Mr. Melone has over 30 years of experience in the telecommunications industry, including having served as Executive Vice President and Chief Technology Officer for Verizon Communications from December 2010 to April 2015. In addition, Mr. Melone served in a variety of positions with Verizon Wireless from 2000 to December 2010, including as Senior Vice President and Chief Technical Officer from 2007 to December 2010. Over his 32 year career with Verizon and its predecessor, Bell Atlantic, he also has served as Vice President of Network Operations and Staff Vice President of Network Planning and Administration. Mr. Melone also serves as a director of Crown Castle International Corp. Mr. Melone received a Bachelor of Science degree in electrical engineering from Villanova University and a Master of Science degree in engineering from the University of Pennsylvania. Mr. Melone currently serves as a member of our Audit and Nominating and Corporate Governance Committees. Mr. Melone has been selected as a nominee for director because of his extensive experience as an executive and senior manager in the telecommunications industry.

Balan Nair

Mr. Balan Nair is Independent Director of Adtran Inc. He is president and Chief Executive Officer of Liberty Latin America. Liberty Latin America is an integrated telecommunications company, focused on the Caribbean Islands and Latin America. Balan is an experienced and proven business executive with more than 20 years in the telecommunications industry. He has been a part of the Liberty family of companies since 2007 when he joined Liberty Global as its Senior Vice President and Chief Technology Officer. He most recently served as Executive Vice President and Chief Technology and Innovation Officer. In this role, he was responsible for overseeing Liberty Global’s worldwide network, as well as Technology and Innovation operations, including Product Development, IT, Network Operations, Mobile Operations and Global Supply Chain functions. He was also responsible for Corporate Strategy and Venture investments. Balan was an executive officer of Liberty Global and sat on Liberty Global’s Executive Leadership Team and the Investment Committee. Before joining Liberty Global, Balan served as Chief Technology Officer and Executive Vice President for AOL LLC, a global web services company, from 2006. Prior to his role at AOL LLC, he spent more than 12 years at Qwest Communications International Inc., most recently as Chief Information Officer and Chief Technology Officer. Balan has a long history of working in the telco industry, the web world and now the cable and media industry. He also sits on the boards of Charter Communications, a leading cable operator in the United States, and Liberty Latin America. He graduated from Iowa State University, with a Masters in Business Administration and a Bachelor of Science in Electrical Engineering. He holds a patent in systems development and is a Licensed Professional Engineer in Colorado. Mr. Nair currently serves as a member of our Compensation Committee.

Roy Nichols

Mr. Roy J. Nichols serves as Independent Director of Adtran Inc. He founded and served as President of Nichols Research Corporation, a defense and information systems company, where he worked from 1976 until its merger with Computer Sciences Corporation in November 1999. Mr. Nichols currently serves as a director of Blue Creek Investments and the Hudson Alpha Institute of Biotechnology. Mr. Nichols currently serves as a director emeritus of ADTRAN and served as a director from 1994 to August 2016, including as our lead director from October 2006 through May 2015. Mr. Nichols has been asked to remain as a director emeritus because he has extensive experience with leadership, risk assessment, information technologies and extensive knowledge of and history with our company.

Jacqueline Rice

Ms. Jacqueline (Jackie) Hourigan Rice serves as Independent Director of the Company. She has more than 20 years of legal, risk and compliance experience. From 2014 to 2017, she served as the Executive Vice President and Chief Risk and Compliance Officer for Target and a member of its executive team. She was responsible for the centralized oversight of enterprise risk management, compliance and ethics, vendor management, food safety and corporate security. She led a team focused on evolving and enhancing enterprise risk and compliance standards to protect Target and its stakeholders, including guests, team members, and vendors. Prior to her work at Target, she served as Chief Compliance Officer and Senior Legal Counsel for General Motors from 2010 to 2014, where she led a global team of lawyers and compliance professionals to develop programs focused on global compliance. From 1997 to 2009, Ms. Rice served as counsel to various GM business units. Ms. Rice graduated from the University of Detroit Mercy School of Law, where she was Editor-in-Chief of the Law Review. She obtained her undergraduate degree from James Madison College at Michigan State University. Ms. Rice joined the board in 2016. Ms. Rice serves as a member of our Audit and Compensation Committees.

Kathryn Walker

Ms. Kathryn Walker is Director of the Company. Ms. Walker has more than 30 years of experience in the communications industry. Since 2009, she has served as a managing director for OpenAir Equity Partners, a venture capital firm focusing on the wireless, communications and mobile Internet sectors. Prior to joining OpenAir, Ms. Walker worked in a variety of roles at various subsidiaries of Sprint Corporation from 1985 to 2009, culminating in the position of Chief Information and Chief Network Officer at Sprint Nextel Corporation. She currently serves on the board of directors for SmartHome Ventures, Zubie, on the Council of Trustees at South Dakota State University, as a member of the Board of Trustees at Missouri University of Science and Technology and as a member of the board of directors of the Heartland Chapter of the National Association of Corporate Directors. Ms. Walker currently serves as a member of our Compensation and Nominating and Corporate Governance Committees. Ms. Walker has been selected as a nominee for director because she has extensive experience with the technologies that influence our industry and our markets and because she has management experience, particularly managing technical personnel.

Cathy Hoffman-Young

Basic Compensation