Infinera Appoints Oaktree’s Amy Rice to Board of Directors
Infinera Corporation (INFN)
Last infinera corporation earnings: 2/25 04:03 pm
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Source: GlobeNewswire
SUNNYVALE, Calif., April 14, 2020 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) today announced that Amy H. Rice, a managing director with Oaktree Capital Management, L.P. (“Oaktree”), has joined Infinera’s board of directors. In addition, Infinera, will further strengthen its board of directors through the appointment of an additional independent director, who will be chosen by Infinera in collaboration with Oaktree, in the near future. Through its affiliated investment funds, Oaktree beneficially owns approximately 14 percent of Infinera’s common stock. “We are delighted to further strengthen our relationship with Oaktree,” said Kambiz Y. Hooshmand, chairman of Infinera’s board of directors. “Since our acquisition of Coriant from investment funds managed by Oaktree, we have benefited from Oaktree’s collaborative approach and we will continue to build on this relationship. Amy’s background provides an excellent skill set that complements our board of directors and we loo
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