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11 December 2015

Finisar appoints Silicon Valley Bank’s chief operations officer as director

Fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has appointed Michael L. Dreyer to fill an existing vacancy on its board of directors.

The board currently consists of six directors who are elected to staggered three-year terms. Dreyer will serve as a Class III director until the annual meeting of stockholders in 2017.

Dreyer is currently chief operations officer (COO) of Silicon Valley Bank (SVB) and is responsible for bank and non-bank operations worldwide. He oversees SVB's core operations, enterprise project management, client service and information technology teams. Dreyer is also a director of F5 Networks Inc.

Before joining SVB, Dreyer was president & COO of Monitise from August 2014 to September 2015, where he was responsible for the design, build and operations of its technology globally, and he ran the firm’s Americas business.

Prior to Monitise, he was global head of technology and chief information officer (CIO) at VISA Inc from 2005 to 2014, responsible for systems and technology platforms. Previously, Dreyer was CIO of Inovant, where he oversaw the development and management of Visa’s global systems technology. He has also held executive positions at VISA USA as senior VP of processing and emerging products, and senior VP of commercial solutions.

Additionally, Dreyer held senior positions at American Express, Prime Financial Inc, Federal Deposit Insurance Corporation (FDIC), Downey Savings, Bank of America, and the Fairmont Hotel Management Company.

“His experience in both the finance and the technology industries give him a valuable perspective from which to help guide our company in the years ahead,” comments CEO Jerry Rawls. 

See related items:

Finisar's CEO Eitan Gertel resigns

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