Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Instagram Outage Disrupts Thousands of U.S. Users 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
MILPITAS, Calif., Feb. 16, 2016 -- Lumentum Holdings Inc. (“Lumentum”) today announced the promotion of two senior executives to new leadership positions. Jason Reinhardt has been promoted to Executive Vice President, Global Sales and Product Line Management, and Vince Retort has been promoted to Executive Vice President and Chief Operating Officer. Mr. Reinhardt and Mr. Retort will continue to report to Alan Lowe, Lumentum’s president and CEO.
“As I highlighted on our second quarter earnings call, we recently made some organizational changes to streamline Lumentum for growth,” said Alan Lowe, president and CEO. “Jason and Vince are both highly seasoned executives and will bring tremendous skill and energy to their new roles.”
In his expanded role, Mr. Reinhardt will direct both the global sales and product line management teams. His focus will be to establish even deeper partnerships with customers while understanding and anticipating their future needs, and mapping a path to enable them to win in the marketplace.
Mr. Retort, in his new role, will lead the research & development and operations functions. He will focus on synergies and efficiencies that drive faster time-to-market and time-to-volume, and will further align Lumentum’s product development and manufacturing processes to meet customers’ needs.
About Lumentum
Lumentum (NASDAQ:LITE) is a market-leading manufacturer of innovative optical and photonic products enabling optical networking and commercial laser customers worldwide. Lumentum’s optical components and subsystems are part of virtually every type of telecom, enterprise, and data center network. Lumentum’s commercial lasers enable advanced manufacturing techniques and diverse applications including next-generation 3D sensing capabilities. Lumentum is headquartered in Milpitas, California with R&D, manufacturing, and sales offices worldwide. For more information, visit www.lumentum.com.
Contact Investors: Chris Coldren, 408-404-0606; [email protected] Media: Greg Kaufman, 408-546-4235; [email protected]
