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Adtran Networks SE (ADVOF)

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21.570.00 (0.00%)
As of 03:10PM EDT. Market open.

Adtran Networks SE

Campus Martinsried
Fraunhoferstrasse 9a Martinsried
Munich 82152
Germany
49 89 890 665 0
https://www.adtran.com/en

Sector(s)Technology
IndustryCommunication Equipment
Full-time employees2,101

Key executives

NameTitlePayExercisedYear born
Dr. Christoph GlingenerCTO, COO & Chairman of Management Board437.14kN/A1968
Mr. Ulrich DopferCFO & Member of Management Board434.99kN/A1973
Mr. Thomas R. StantonCEO & Member of Management BoardN/AN/A1965
Steven WilliamsVice President of Treasury & Investor RelationsN/AN/AN/A
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Adtran Networks SE engages in the development, manufacture, and sale of optical and Ethernet-based networking solutions for telecommunications carriers and enterprises to deliver data, storage, voice, and video services. It offers open optical transport solutions, such as FSP 3000 open terminals, FSP 3000 open line systems, and pluggables and subsystems; network infrastructure assurance solutions; fiber access and aggregation solutions; and residential solutions, such as optical network terminals, mesh Wi-Fi gateways and satellites, and cloud managed Wi-Fi solutions. The company also provides enclosures and cabinets; business solutions, including access routers and IP gateways, enterprise switching, enterprise wireless, packet edge, and network virtualization; cloud software comprising management and orchestration solutions, and SaaS applications; timing and synchronization solutions; and services, such as consulting and education, deployment, cloud and software, support, and training services. It sells its products to telecommunications service providers, private companies, universities, and government agencies through a network of distribution partners. The company operates in Germany, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. The company was formerly known as ADVA Optical Networking SE and changed its name to Adtran Networks SE in June 2023. The company was founded in 1994 and is headquartered in Munich, Germany. Adtran Networks SE is a subsidiary of ADTRAN Holdings, Inc.

Corporate governance

Adtran Networks SE’s ISS governance QualityScore as of 1 May 2024 is 4. The pillar scores are Audit: 8; Board: 1; Shareholder rights: 6; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.