Velarion · Company Intelligence
CompBrief
Fiscal year 2023

David Heard — FY2023 total compensation $6,663,648

David Heard is Chief Executive Officer of Infinera Corporation (INFN). The company reported total compensation of $6,663,648 for fiscal year 2023.

01

Fiscal year 2023 compensation

Salary$729,000
Bonus$0
Stock awards$5,137,500
Option awards$0
Non-equity incentive plan$791,163
Pension and non-qualified deferred compensation$0
All other compensation$5,985
Total$6,663,648

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure Infinera Corporation filed May 17, 2024, accession 0001138639-24-000128.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2023Chief Executive Officer$729,000$0$5,137,500$0$791,163$0$5,985$6,663,648
FY2022Chief Executive Officer$700,000$0$4,855,638$0$700,000$0$5,062$6,260,700
FY2021Chief Executive Officer$700,000$200,000$3,702,300$0$0$0$4,665$4,606,965

Totals as disclosed in each year's own compensation disclosure for Infinera Corporation.

03

Peer context

Peer-group chief executive median$10,794,738
Difference from that median$-4,131,089
Percentile within the disclosed peer group12th
Peers with a disclosed figure16

Medians and percentiles are computed across the peer group Infinera Corporation discloses in its own compensation disclosure.

04

The other named executive officers of Infinera Corporation

Named executive officerRoleFY2023 total
David Heard this pageChief Executive Officer$6,663,648
Nancy ErbaChief Financial Officer$2,537,779
Nicholas WaldenSenior Vice President, Worldwide Sales$1,725,045
David TeichmannChief Legal Officer and Corporate Secretary$1,567,731

The company's named executive officers for fiscal year 2023, and what it reported for each. See the full Infinera Corporation compensation brief.

05

The company page

David Heard's compensation sits inside Infinera Corporation's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Infinera Corporation (INFN) compensation brief