In 2020, Thomas J. Fallon earned $1.58M in total compensation at Infinera Corporation, including $545.00K salary and $1.04M in stock. Led Infinera Corporation as CEO for 10 years.
Compensation History
Annual executive compensation data for Thomas J. Fallon, including salary, bonuses, and stock awards.
Year
2020
Total Compensation
$1.58M
Salary
$545.00K
Bonus
$0.00
Other
$2.90K
Salary
$545.00KBoard Justification
The compensation program emphasizes a pay-for-performance approach, aligning the interests of the CEO with those of shareholders, while also considering the company's financial performance and market conditions.
Bonus
$0.00Board Justification
No bonuses were paid under the 2020 Bonus Plan for participating NEOs due to not achieving necessary financial targets for the first half of 2020, and the bonus program for the second half of 2020 was cancelled in response to the impact of the COVID-19 pandemic on Infinera.
Other Compensation
$2.90KBoard Justification
This amount represents the payment of life insurance premiums and 401(k) match.
Restricted Stock
Board Justification
This includes RSUs that vested during fiscal 2020, with the total number of shares acquired upon vesting being 172,523 shares.
Performance Metrics
The performance metrics for the 2020 Bonus Plan were based on non-GAAP operating income, with specific thresholds set for bonus eligibility.
Thomas J. Fallon
Ex-CEO of Infinera Corporation
Education
Bachelor's degree in Business Administration from the University of California, Berkeley
Field of Expertise
Business & Management
Sector of Economy
Technology
Born
January 1, 1965 - 60 years ago
CEO of Infinera Corporation for
10 years 7 months (Dec 2009 - Aug 2020)
Previous Experience
Chief Operating Officer of Infinera Corporation
Holdings
Track Thomas J. Fallon's stock holdings and portfolio value over time.
Insider Trading
Thomas J. Fallon's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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