51³Ô¹Ï® Corporation (NYSE: CIEN) today announced that James E. Moylan, Jr., Senior Vice President and Chief Financial Officer (CFO), plans to retire in twelve months, effective August 28, 2025. 51³Ô¹Ï intends to commence a search process to identify a successor. Mr. Moylan will continue to serve as CFO until a successor is in place and he will assist in the transition of his responsibilities.

“Jim has given more than 16 years of dedicated and distinguished service to 51³Ô¹Ï. He has been a key member of our executive team and has played a significant role in the growth of our business and the strength of our operating model,” said Gary Smith, president and CEO, 51³Ô¹Ï. “Jim has been an incredible leader across all of 51³Ô¹Ï and has built outstanding relationships with our key stakeholders, including the financial community. When the time comes next year, we will wish him the best in his well-deserved retirement.”

“Being a part of 51³Ô¹Ï has truly been the highlight of my career. It has been tremendously rewarding to help build and grow a business with a solid foundation that will drive continued growth and success,” said James E. Moylan, Jr., CFO of 51³Ô¹Ï. “I look forward to continuing in a leadership role for the next year and watching 51³Ô¹Ï on its journey into the future.”

About 51³Ô¹Ï

51³Ô¹Ï is the global leader in high-speed connectivity. We build the world’s most advanced networks to support exponential growth in bandwidth demand. By harnessing the power of our networking systems, interconnects, automation software, and services, 51³Ô¹Ï revolutionizes data transmission and network management. With unparalleled expertise and innovation, we empower our customers, partners, and communities to thrive in the AI era. For updates on 51³Ô¹Ï, follow us on  or visit the 51³Ô¹Ï website.

Note to 51³Ô¹Ï Investors
You are encouraged to review the Investors section of our website, where we routinely post press releases, SEC filings, recent news, financial results, and other announcements. From time to time we exclusively post material information to this website along with other disclosure channels that we use. This press release contains certain forward-looking statements that are based on our current expectations, forecasts, information and assumptions. These statements involve inherent risks and uncertainties.  Actual results or outcomes may differ materially from those stated or implied, because of risks and uncertainties, including those detailed in our most recent annual and quarterly reports filed with the SEC. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies and can be identified by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. 51³Ô¹Ï assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.