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Infinera Announces Drew Perkins to Step Down as CTO and Remain as Technical Advisor(December 21, 2011)
SUNNYVALE, CA -- (Marketwire) -- 12/21/11 -- Infinera (NASDAQ: INFN) announced today that Drew Perkins will step down as Infinera's chief technology officer to pursue other opportunities and will continue to support Infinera in a technical advisory role. Mr. Perkins is one of Infinera's co-founders and has been at the company since 2001.
"I want to acknowledge and thank Drew for the contributions he has made to the company," said Tom Fallon, Infinera CEO. "Drew played a significant role in starting and shaping the company over the last decade and I wish him the best in his future endeavors."
Mr. Perkins will commence his position as an advisor in January 2012. The office of the CTO will be assumed by Dave Welch, Executive Vice President and Chief Strategy Officer. A co-founder and current member of the Board of Directors, Dr. Welch was co-CTO for the four years after the company was founded.
"Helping to build Infinera, our world-class team, our revolutionary technologies and products, and much of the optical network underlying the Internet over the past eleven years has been one of the greatest experiences of my life," said Mr. Perkins. "Infinera is well positioned for the next stage of their growth with continued investment in the DTN and the upcoming release of the DTN-X platform."
Infinera specializes in Digital Optical Networking systems that are designed to continually improve the economics of optical networking by combining the speed of optics with the simplicity of digital. Infinera is unique in its use of breakthrough semiconductor technology: Large Scale Photonic Integrated Circuit (PIC). Infinera's systems leverage PIC technology to provide customers with a service-ready architecture that enables faster time-to-revenue and greater profitability through network efficiency and the ability to rapidly deliver differentiated services without reengineering their optical infrastructure. For more information, please visit http://www.infinera.com/.
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