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Adtran Networks SE (ADVOF)

Other OTC - Other OTC Delayed price. Currency in USD
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21.570.00 (0.00%)
At close: 03:10PM EDT

Adtran Networks SE

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

Sector(s)Technology
IndustryCommunication Equipment
Full-time employees2,089

Key executives

NameTitlePayExercisedYear born
Dr. Christoph GlingenerCTO, COO & Chairman of Management Board431.2kN/A1968
Mr. Ulrich DopferCFO & Member of Management Board429.08kN/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 optical and Ethernet-based networking solutions for telecommunications carriers and enterprises to deliver data, storage, voice, and video services worldwide. It offers open optical transport solutions, such as FSP 3000 open terminals, FSP 3000 open line systems, pluggables and subsystems, and optical access solutions; packet edge and aggregation products, including carrier Ethernet and programmable multilayer edge, metro aggregation, and edge computing products; disaggregated networking, such as packet optical terminals and ensemble activators. The company also provides network virtualization products comprising ensemble connectors, orchestrators, and harmony ecosystems, as well as operates ensemble virtualization director, a management platform for the creation and deployment of virtualized services; network infrastructure assurance products; timing and synchronization products; and automated network management products, such as ensemble optical, sync, fiber, and packet director, and ensemble controllers. In addition, it offers professional services to build, care, and enable the networks. Adtran Networks SE sells its products to telecommunications service providers, private companies, universities, and government agencies directly, as well as through a network of distribution partners. 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 operates as a subsidiary of ADTRAN Holdings, Inc.

Corporate governance

Adtran Networks SE’s ISS governance QualityScore as of 1 April 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.