Looks more like he got promoted to Sr. Director after 1 year, then held the new position for 6 years.
"don't want to hear of new hires, I want to hear production, revenue, and sales numbers!!!"
As with most companies, that information is given only in the earnings release. Based on the recent results from FNSR and JDSU, and Oclaro's history, it is probable that you won't like what you will hear...
I guess he must have sucked as director of marketing cuz they dumped him after a year.
On July 21, 2014, Dr. Adam Carter joined Oclaro, Inc. (the "Company") as its Chief Commercial Officer. Prior to joining the Company, Dr. Carter, 50, served from February 2008 to July 2014 as the Senior Director and General Manager of the Transceiver Module Group of Cisco Systems, Inc. ("Cisco"). From February 2007 to February 2008 he served as Cisco's Director, Marketing. Prior to Cisco, Dr. Carter served in a variety of marketing, business development and engineering roles at Avago Technologies, Agilent Technologies, Hewlett Packard and BT&D Technologies. Mr. Carter holds a B.Sc. degree in Applied Physics from Portsmouth University in the United Kingdom and a Ph.D. degree from the University of Wales in the United Kingdom.
Cisco and OCLR are a long shot in my mind. Only big plant in terms of pre-takeover I recall recently were with Nokia and Microsoft. But then, the MS plant was the new CEO. Here, just a division head. But, then again the new guy did take a large amount of stock options for performance. I think he must believe he can produce. Unless the options can be exercised at something silly, .like .01 per share....IMHO.
Tired of this, we need news, News, NEWS that will show the improvements made. I don't want to hear of new hires, I want to hear production, revenue, and sales numbers!!!
A chap I know, went to a CSCO stock holder meeting where the good doctor was present and boy you could smell him as soon as you entered the room. Rumor has it that he wears Depends and is too lazy to change them when they are filled. His clothing also looked worse than a homeless person in a flop house or laying on the floor of the loo in a skid row dive.
Sentiment: Strong Buy
He seems to have accepted a relatively low salary for the position and will not make money unless the company performs. He must know something
Maybe when Cisco sees that Adam Carter is working for Oclaro, they may look for a different supplier.
They want to pay that loser 300K a year plus perks and I believe Cisco gave him the boot after only one year on the job. He changes jobs as often as most people change their sox.
They are supposed to be cutting back on employees, and they hire that loser?
Rumor has it, that doctor goof wears adult diapers and likes to flash investors at stock holder meatings.
You mean a Cisco deal with Oclaro??.... like the old defunct Bookham-Nortel and Avanex-Alcatel agreements post 2000 bust?? Whoo Hooo Deja vue!!!
Trojan horse ahead of Cisco trying to unload the disastrous lightwire acquisition on Oclaro, just light LeMaitre joined Bookham before the Avanex merger.
No shorting here dude..Im long myself..You can talk about all the ramp ups you want ..Oclaro has to show it in its numbers. Being realistic
You shorts sound fearful about this news?
Oclaro is an OEM company and a strong relationship with Cisco can increase OCLR sales dramatically
Amazing how Oclaro can pay these guys large sums of money and stock options and not be able to show a profit..Performance should come first...Waiting on ER since its seems thats the only update we're getting for now.