Ciena Corporation (NYSE: CIEN) has appointed Marc D. Graff as its new Senior Vice President and Chief Financial Officer, effective August 1, 2025. Graff brings nearly 30 years of global finance experience to the role, having previously served as Senior Vice President and CFO at Altera Corporation.
In his new position, Graff will be responsible for leading Ciena's global financial strategy and operations. His appointment comes at a pivotal time for the company, as the demand for high-speed connectivity continues to grow due to advancements in AI and cloud computing.
Graff's predecessor, James E. Moylan, Jr., will retire as Senior Vice President and CFO on August 28, 2025, and will assist in the transition of responsibilities to Graff.
Ciena is a global leader in high-speed connectivity, specializing in building adaptive networks to support the exponential growth in bandwidth demand. The company's expertise and innovation aim to empower customers, partners, and communities to thrive in the AI era.
As of now, no specific financial metrics or performance indicators have been provided in the press release. Following these announcements, the company's shares moved 0.5%, and are now trading at a price of $73.82. For more information, read the company's full 8-K submission here.