The estimated Net Worth of Mark A Wegleitner is at least $2.82 Million dollars as of 19 May 2022. Mr. Wegleitner owns over 18,211 units of Infinera stock worth over $1,025,881 and over the last 14 years he sold INFN stock worth over $1,575,470. In addition, he makes $220,623 as Independent Director at Infinera.
Mark has made over 19 trades of the Infinera stock since 2013, according to the Form 4 filled with the SEC. Most recently he exercised 18,211 units of INFN stock worth $117,097 on 19 May 2022.
The largest trade he's ever made was exercising 53,745 units of Infinera stock on 21 May 2020 worth over $345,580. On average, Mark trades about 12,571 units every 113 days since 2011. As of 19 May 2022 he still owns at least 159,546 units of Infinera stock.
You can see the complete history of Mr. Wegleitner stock trades at the bottom of the page.
Mark A. Wegleitner serves as Independent Director of the Company. He is President of Wegleitner Consulting, LLC, a privately-owned telecommunications consulting company (April 2011 to present). Senior Vice President, Technology, for Verizon Communications Inc., a telecommunications company, where his responsibilities included technology assessment, network architecture, platform development and laboratory testing for wireline and wireless communications networks (September 2007 until his retirement in July 2010). Chief Technology Officer, with responsibility for wireline communications technologies (July 2000 to September 2007). Held various positions in the Network Services division of Bell Atlantic, a telecommunications company, including Chief Technology Officer from January 1999 to July 2000. Worked at Bell Laboratories and AT&T General Departments.
As the Independent Director of Infinera, the total compensation of Mark Wegleitner at Infinera is $220,623. There are 15 executives at Infinera getting paid more, with Nancy Erba having the highest compensation of $3,959,280.
Mark Wegleitner is 69, he's been the Independent Director of Infinera since 2011. There are 1 older and 21 younger executives at Infinera. The oldest executive at Infinera Corp. is Paul Milbury, 71, who is the Independent Director.
Mark's mailing address filed with the SEC is C/O INFINERA CORPORATION, 6373 SAN IGNACIO AVENUE, SAN JOSE, CA, 95119.
Over the last 17 years, insiders at Infinera have traded over $87,810,866 worth of Infinera stock and bought 8,525,607 units worth $48,908,982 . The most active insiders traders include David F Welch, Thomas J Fallon und Pradeep Sindhu. On average, Infinera executives and independent directors trade stock every 8 days with the average trade being worth of $260,486. The most recent stock trade was executed by Nicholas Walden on 5 September 2024, trading 5,334 units of INFN stock currently worth $34,298.
infinera empowers network operators to scale network bandwidth, accelerate service innovation and automate optical network operations. service providers, cloud operators, governments and enterprises across the globe rely on infinera intelligent transport networks to enable services that create rich end-user experiences based on efficient, high-bandwidth optical networking. infinera was founded with the vision of enabling an infinite pool of intelligent bandwidth that the next communications infrastructure is built upon. intelligent transport networks from infinera deliver on this founding vision by enabling network operators to offer new services that address the increasing demand for bandwidth. infinera provides an end-to-end portfolio of packet-optical solutions for the long-haul, metro and cloud. infinera is redefining optical networking. infinera intelligent transport networks help network operators exploit the increasing demand for cloud-based services and data center connectivity
Infinera executives and other stock owners filed with the SEC include: