Gary Smith (Ciena CEO)
{{short description|British-American executive}}
{{About|the Ciena CEO|other people with the same name|Gary Smith (disambiguation){{!}}Gary Smith}}
{{Infobox person
| name = Gary Smith
| image = Gary Smith, Ciena CEO.jpg
| caption =
| birth_place = Birmingham, UK
| citizenship = British
American
| occupation = CEO of Ciena
| spouse = {{marriage|Stacia Smith|1987}}
| children = 2
| alma_mater = Ashridge College (part of Hult International Business School)
}}
Gary B. Smith is a British-American executive, and the chief executive officer of Ciena, an American telecommunications networking multinational.{{Cite web |url=http://www.madmoneyrecap.com/madmoney_nightlyrecap_100420_2.htm |title=Jim Cramer, Mad Money, April 2010 |access-date=2011-11-23 |archive-url=https://web.archive.org/web/20111008083914/http://www.madmoneyrecap.com/madmoney_nightlyrecap_100420_2.htm |archive-date=2011-10-08 |url-status=dead }}
Early life and education
Smith was born in Birmingham, United Kingdom, and received an MBA from the Ashridge Management College, now part of Hult International Business School.[http://www.institutionalinvestor.com/Popups/PrintArticle.aspx?ArticleID=2797617 CEO Profile, Institutional Investor, March 2011]
Career
From 1995-1997, Smith was vice president for sales and marketing at Intelsat, a global provider of fixed satellite services. He also previously was vice president of sales and marketing for Cray Communications, Inc.[http://www.ciena.com/corporate/bios/Gary-B-Smith-BOD.html Executive Bio]
= Ciena =
Smith joined Ciena in 1997 and has been president and CEO since May 2001.[http://www.crn.com/news/channel-programs/18814123/ciena-earnings-triple-before-items-ceo-named.htm;jsessionid=8oGazLEHm6Tuw1Ej9z-l0Q**.ecappj02 CRN: Ciena Earnings Triple Before Items; CEO Named] Prior to serving as CEO, Smith was chief operating officer; and prior to that, senior vice president of worldwide sales. Smith joined Ciena in November 1997 as vice president of international sales. He has been on Ciena's board of directors since October 2000.[http://www.thestreet.com/story/10985685/1/ciena-ceo-gary-smith-appointed-to-national-security-telecommunications-advisory-committee.html TheStreet.com, January 2011]
During his tenure as CEO, Smith has led the acquisition of seven companies.[http://www.ciena.com/corporate/acquisitions/ Ciena Acquisition History] Most recent is the acquisition of the Optical Networking and Carrier Ethernet assets of bankrupt Nortel's Metro Ethernet Networks (MEN) for $774 million. This acquisition, which closed on March 19, 2010, doubled Ciena's size from around 2,100 to 4,000 employees and significantly increased total revenues.[http://viewer.zmags.com/publication/55ec7862#/55ec7862/34 SmartCEO Magazine, June 2010] In November 2011, Smith was interviewed by Light Reading about Ciena's acquisition history.{{Cite web|url=https://www.lightreading.com/optical/interview-ciena-ceo-gary-smith-part-1/v/d-id/704588|title=Interview: Ciena CEO Gary Smith, Part 1|website=Light Reading|language=en|access-date=2019-09-20}}
Since the first full year of Smith's tenure as CEO, Ciena's revenues have gone from $361 million in fiscal year ended 2002[http://files.shareholder.com/downloads/ABEA-26H477/1274809388x0x311728/208AB786-B74B-4C57-BA06-38460F7EAB43/10K2002CIENA.pdf Ciena Annual Report 2002 (PDF)] to $2.1 billion in fiscal 2013.[http://investor.ciena.com/phoenix.zhtml?c=99134&p=irol-newsArticle&ID=1884195&highlight= Ciena Reports Fiscal Fourth Quarter 2013 and Year-End Financial Results]
Additional affiliations and memberships
In January 2011, the White House named Smith to its National Security Telecommunications Advisory Committee (NSTAC). NSTAC's mission is to provide the president collaborative advice and expertise regarding telecommunications national security and emergency preparedness issues.{{Cite web |url=http://www.ncs.gov/nstac/nstac.html |title=NSTAC Mission |access-date=2011-11-23 |archive-url=https://web.archive.org/web/20111210193237/http://www.ncs.gov/nstac/nstac.html |archive-date=2011-12-10 |url-status=dead }}
Smith is also a commissioner of the Global Information Infrastructure Commission, a confederation of communications technology business executives engaged in telecommunications policy.[http://www.giic.org Global Information Infrastructure Commission] In addition, he is a Broadband Ambassador to the Internet Innovation Alliance, a coalition of business and nonprofit leaders devoted to making broadband universally accessible.[http://internetinnovation.org/ Internet Innovation Alliance]
Smith is a member of the Wall Street Journal CEO Council.[http://ceocouncil.wsj.com/members/ WSJ CEO Council Member List]
Smith serves on the Wake Forest University Advisory Council for Innovation, Creativity and Entrepreneurship.https://entrepreneurship.wfu.edu/about-us/advisory-council WFU Advisory Council
In addition to Ciena's board of directors, Smith also serves on several other corporate boards. On December 7, 2011, Avaya, a global provider of business communications and collaboration systems and services, appointed Smith to its board of directors.[http://www.avaya.com/usa/about-avaya/newsroom/news-releases/2011/pr-111207 Avaya Appoints Gary B. Smith to Board of Directors] Smith also serves as a director of CommVault Systems, a provider of data and information management software applications and related services with a market capitalization of $2 billion.[https://web.archive.org/web/20080205094031/http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=CVLT Forbes company profile - CommVault Systems] Smith has served as a director of CommVault since May 2004 and as lead director since May 2006.[http://ir.commvault.com/phoenix.zhtml?c=197582&p=irol-govBio&ID=170072 CommVault Corporate Governance Biography: Gary Smith]
Awards and recognitions
In November 2011, industry publication Light Reading inducted Smith into their Light Reading Hall of Fame, based primarily on his achievements and "staying power" during his 10 years as CEO of Ciena.[http://www.lightreading.com/document.asp?doc_id=214375&page_number=6 Light Reading's Hall of Fame: 2011 Inductees]
Personal life
Smith now resides in Maryland with his wife and two sons, and has dual citizenship in the United States and United Kingdom. He is an avid photographer.[https://www.wsj.com/news/articles/SB10001424127887324520904578551524038585496 WSJ: A CEO's Stable Regimen Without the Horses]
References
{{Reflist}}
External links
- [http://www.ciena.com/corporate/bios/Gary-B-Smith.html Executive profile] at Ciena
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Category:British businesspeople
Category:American businesspeople