Sundar PichaiSundar Pichai earned $164M in 2023
I

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

Born

January 1, 1965 - 60 years ago

Economy Sector

Technology

Tenure

10 years 7 months (Dec 2009 - Aug 2020)

Previous Experience

Chief Operating Officer of Infinera Corporation

Thomas J. Fallon served as the CEO of Infinera Corporation from December 2009 to August 2020. He has a solid academic background with a Bachelor's degree in Business Administration from the University of California, Berkeley. Fallon transitioned to the CEO...

Year

2020

Total Compensation

$1.58M

Salary

$545.00K

Board 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

$0.00

Board 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

$2.90K

Board Justification

This amount represents the payment of life insurance premiums and 401(k) match.

Restricted Stock

$1.04M(172.52K RSU)

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.