Joseph  Cumello net worth and biography

Joseph Cumello Biography and Net Worth

SVP of Ciena

Joe Cumello has a passion for solving network providers’ digital transformation challenges through disruptive software automation.

Joe has always been an evangelist for Blue Planet and is deeply familiar with its rich history and business, having re-joined Ciena through the company’s acquisition of Cyan, where he was a member of the management team that introduced Blue Planet to the industry. He helped to establish the Blue Planet brand globally and traveled the world selling the power of SDN and NFV orchestration (disruptive topics at that time) to customers across many industries.

“It feels like I’m ‘getting back to my roots’ and I couldn’t be more excited because we are at an important inflection point for Blue Planet,” he says.

As Ciena’s senior vice president and general manager for Blue Planet, Joe is relentlessly focused on driving the next phase of growth for Blue Planet. “Our mission in Blue Planet is to help network operators automate the service lifecycle to create incredible customer experiences, improve operational agility, reduce costs, and accelerate digital transformation.”

The industry is constantly in a state of disruption, and Joe is caffeine incarnate. In his previous role, Joe led all global marketing, brand, and communications initiatives at Ciena. He stayed in touch with customers, influencers, employees, analysts, partners, and consultants across the globe. This ensured that he was always up-to-speed on new customer use cases, business drivers, and challenges. Joe and his marketing team then focused on positioning Ciena’s solutions to better meet the needs of a rapidly changing telecommunications landscape in constant demand for innovation.

When it comes to serving in leadership roles, Joe feels strongly about the importance of building great teams through a focus on culture. “We have an amazing corporate culture,” he says. “Ciena is all about candor, transparency, and honesty. There’s a real set of core values infused into the company culture that you just don’t see elsewhere.”

The quality he values most in a business leader is transparency. “I’m really passionate about keeping things as open as possible, whenever possible,” he says. “The more people know about where the company is going and how it plans to get there, the better. Information in the hands of a few doesn’t help the business. Relevant information should be rapidly distributed so that everyone makes better and faster decisions.”

He was born and raised in New York until his family moved to Maryland when he was 16. He later received a degree in English from the University of Maryland.

On weekends, Joe says, his teenage daughters keep him busy. He and his wife enjoy travel, exercise, and they’ve even dabbled in wine-making.

What is Joseph Cumello's net worth?

The estimated net worth of Joseph Cumello is at least $3.45 million as of November 15th, 2024. Mr. Cumello owns 39,486 shares of Ciena stock worth more than $3,450,287 as of December 21st. This net worth evaluation does not reflect any other investments that Mr. Cumello may own. Learn More about Joseph Cumello's net worth.

How do I contact Joseph Cumello?

The corporate mailing address for Mr. Cumello and other Ciena executives is 7035 RIDGE ROAD, HANOVER MD, 21076. Ciena can also be reached via phone at (410) 694-5700 and via email at [email protected]. Learn More on Joseph Cumello's contact information.

Has Joseph Cumello been buying or selling shares of Ciena?

Over the course of the past ninety days, Joseph Cumello has sold $88,928.11 in Ciena stock. Most recently, Joseph Cumello sold 1,289 shares of the business's stock in a transaction on Friday, November 15th. The shares were sold at an average price of $68.99, for a transaction totalling $88,928.11. Following the completion of the sale, the senior vice president now directly owns 39,486 shares of the company's stock, valued at $2,724,139.14. Learn More on Joseph Cumello's trading history.

Who are Ciena's active insiders?

Ciena's insider roster includes Stephen Alexander (SVP), Bruce Claflin (Director), Joseph Cumello (SVP), Brodie Gage (SVP), Rick Hamilton (SVP), Scott McFeely (SVP), James Moylan, Jr. (CFO), Patrick Nettles (Director), Thomas Nevens (Director), Judith O'Brien (Director), Andrew Petrik (VP), Jason Phipps (SVP), David Rothenstein (VP), and Gary Smith (CEO). Learn More on Ciena's active insiders.

Are insiders buying or selling shares of Ciena?

In the last twelve months, insiders at the communications equipment provider sold shares 23 times. They sold a total of 158,416 shares worth more than $8,492,001.96. The most recent insider tranaction occured on December, 16th when SVP David M Rothenstein sold 3,500 shares worth more than $311,815.00. Insiders at Ciena own 0.8% of the company. Learn More about insider trades at Ciena.

Information on this page was last updated on 12/16/2024.

Joseph Cumello Insider Trading History at Ciena

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/15/2024Sell1,289$68.99$88,928.1139,486View SEC Filing Icon  
5/15/2024Sell1,288$49.00$63,112.0049,883View SEC Filing Icon  
4/15/2024Sell3,156$45.74$144,355.4451,171View SEC Filing Icon  
11/15/2023Sell1,212$45.96$55,703.5236,951View SEC Filing Icon  
10/16/2023Sell1,212$42.45$51,449.4038,163View SEC Filing Icon  
2/3/2023Sell997$50.73$50,577.8146,206View SEC Filing Icon  
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Joseph Cumello Buying and Selling Activity at Ciena

This chart shows Joseph Cumello's buying and selling at Ciena by year and by quarter.

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Ciena Company Overview

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Ciena Corporation provides hardware and software services for delivery of video, data, and voice traffic metro, aggregation, and access communications network worldwide. The company's Networking Platforms segment offers convergence of coherent optical transport, open optical networking, optical transport network switching, IP routing, and switching services. Its products include 6500 Packet-Optical Platform, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as 8100 coherent routing platforms; 3000 family of service delivery switches and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and 6500 Packet Transport System. This segment also sells operating system software and enhanced software features embedded in each of its products. The company's Blue Planet Automation Software and Services segment provides multi-domain service orchestration, inventory, route optimization and analysis, multi-cloud orchestration, and unified assurance and analytics services. Its Platform Software and Service segment offers MCP domain controller solution, and OneControl unified management system, as well as planning tools. The company's Global Services segment provides maintenance support and training, installation and deployment, and consulting and network design services. Ciena Corporation was incorporated in 1992 and is headquartered in Hanover, Maryland.
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Today's Range

Now: $87.38
Low: $84.54
High: $89.22

50 Day Range

MA: $70.60
Low: $63.24
High: $91.19

2 Week Range

Now: $87.38
Low: $43.30
High: $91.82

Volume

3,838,621 shs

Average Volume

1,872,637 shs

Market Capitalization

$12.62 billion

P/E Ratio

92.96

Dividend Yield

N/A

Beta

0.95