Lumentum announces new CEO
Lumentum has announced that Michael Hurlston has been appointed president and CEO and as a director of the company, effective February 7th.
Hurlston succeeds Alan Lowe, who has served as the company’s president and CEO since 2015. Lowe will continue to serve on Lumentum’s board of directors and as an advisor to the company.
Hurlston joins Lumentum from Synaptics, Inc., a human interface hardware and software company, where he has served as president and CEO and a member of its board of directors since joining the company in 2019.
Prior to Synaptics, Hurlston served as CEO and a member of the board of the optical comms firm Finisar. He also served as executive VP, Worldwide sales and in a variety of management roles at Broadcom during his 17 years with Broadcom and its predecessor corporation.
“We are delighted to welcome Michael as Lumentum’s CEO as we exit a strong first half of our fiscal year,” said Penny Herscher, chair of Lumentum's board of directors. “Michael’s global experience, with his combined background in semiconductors and the optical communications industry, and his proven ability to lead through sustained periods of profitable growth, makes him uniquely qualified to lead our company in this specialised segment of the industry, and will enable Lumentum to capitalise on the rapidly evolving global photonics opportunity.”
Herscher continued, “On behalf of the board, I’d like to thank Alan for his unwavering commitment and visionary leadership for the last decade. He has driven strong execution against our long-term growth strategy and positioned us well within the cloud and AI photonics market. We are pleased that he will continue to serve Lumentum as a director to effect a smooth transition, and look forward to continuing to benefit from his expertise and insights.”
Preliminary Q2 2025 results
Lumentum has provided preliminary results for the fiscal second quarter 2025. The company expects net revenue to be approximately $402 million and non-GAAP diluted earnings per share to be in the range of $0.40 to $0.42.
These preliminary results are at the high end of, or above, the company’s prior financial guidance of net revenue in the range of $380 million to $400 million and non-GAAP diluted earnings per share in the range of $0.30 to $0.40.
