Report
Alex Zhao
EUR 101.80 For Business Accounts Only

Finisar Names Michael Hurlston as CEO to Replace Co-Founder Jerry Rawls; Maintaining $30 FVE

On Jan. 11, Finisar announced that Michael Hurlston is
replacing co-founder Jerry Rawls as CEO, ending its CEO search that began in September
2017. Hurlston is a veteran at Broadcom, where he worked since 2001, most
recently as senior vice president and head of the mobile connectivity
products/wireless communications and connectivity division. Hurlston has broad
experiences in technology, particularly semiconductors. We believe that he
should be able to help Finisar maintain the leadership posit...
Underlying
Lumentum Holdings Inc.

Lumentum Holdings is a provider of optical and photonic products addressing a range of end-market applications including Optical Communications (OpComms) and Commercial Lasers (Lasers) for manufacturing, inspection and life-science applications. The company's segments are: OpComms, which include a range of components, modules and subsystems to support customers including carrier networks of access, metro, long-haul and submarine applications; and Lasers, which provides lasers for the industrial and scientific markets used in a range of original equipment manufacturer applications including diode-pumped solid-state, fiber, diode, direct-diode and gas lasers such as argon-ion and helium-neon lasers.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Alex Zhao

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