Last updated: 14 June 2024 at 5:39pm EST

George Riedel Net Worth




The estimated Net Worth of George Andrew Riedel is at least $1.32 Million dollars as of 18 May 2024. Mr. Riedel owns over 39,447 units of Infinera stock worth over $1,080,362 and over the last 8 years he sold INFN stock worth over $238,151. In addition, he makes $0 as Chairman of the Board at Infinera.

Mr. Riedel INFN stock SEC Form 4 insiders trading

George has made over 13 trades of the Infinera stock since 2017, according to the Form 4 filled with the SEC. Most recently he exercised 39,447 units of INFN stock worth $253,644 on 18 May 2024.

The largest trade he's ever made was exercising 39,447 units of Infinera stock on 18 May 2024 worth over $253,644. On average, George trades about 7,995 units every 120 days since 2017. As of 18 May 2024 he still owns at least 168,019 units of Infinera stock.

You can see the complete history of Mr. Riedel stock trades at the bottom of the page.





George Riedel biography

George Andrew Riedel serves as Chairman of the Board of the Company. Mr. Riedel has served as a Senior Lecturer in the General Management Unit at Harvard Business School since 2017. From 2014 to 2017, Mr. Riedel served as Chairman and Chief Executive Officer of CloudMark, Inc., a cybersecurity company, overseeing the company’s sale to Proofpoint, Inc. in 2017. From 2006 to 2011, Mr. Riedel served in executive leadership roles at Nortel Networks Corporation, a Canadian telecommunications and data networking equipment manufacturing company, including Chief Strategy Officer and Vice President of Business Units. From 2003 to 2006, Mr. Riedel served as Vice President of Strategy and M&A at Juniper Networks, a networking and cybersecurity company. From 1987 to 2003, Mr. Riedel worked at McKinsey & Company, a consulting company, including as a senior partner. Mr. Riedel has served as an independent director at Xperi Corporation, a technology company, since 2013, and Cerner Corporation, a health information technology company, since 2019. From 2010 to 2017, Mr. Riedel also served on various boards, including as Chairman of Accedian Networks Inc., a Canadian network communications software company, and as a director for PeerApp Ltd., a caching solution provider, and NextDocs Corporation, a compliance innovation company (acquired by Aurea Software, Inc.). Mr. Riedel received a BS with distinction in Mechanical Engineering from the University of Virginia and an MBA from Harvard Business School.



How old is George Riedel?

George Riedel is 62, he's been the Chairman of the Board of Infinera since 2020. There are 5 older and 17 younger executives at Infinera. The oldest executive at Infinera Corp. is Paul Milbury, 71, who is the Independent Director.

What's George Riedel's mailing address?

George's mailing address filed with the SEC is C/O INFINERA CORPORATION, 6373 SAN IGNACIO AVENUE, SAN JOSE, CA, 95119.

Insiders trading at Infinera

Over the last 17 years, insiders at Infinera have traded over $87,810,866 worth of Infinera stock and bought 8,525,607 units worth $48,908,982 . The most active insiders traders include David F Welch, Thomas J Fallon, and Pradeep Sindhu. On average, Infinera executives and independent directors trade stock every 8 days with the average trade being worth of $260,486. The most recent stock trade was executed by Nicholas Walden on 5 September 2024, trading 5,334 units of INFN stock currently worth $34,298.



What does Infinera do?

infinera empowers network operators to scale network bandwidth, accelerate service innovation and automate optical network operations. service providers, cloud operators, governments and enterprises across the globe rely on infinera intelligent transport networks to enable services that create rich end-user experiences based on efficient, high-bandwidth optical networking. infinera was founded with the vision of enabling an infinite pool of intelligent bandwidth that the next communications infrastructure is built upon. intelligent transport networks from infinera deliver on this founding vision by enabling network operators to offer new services that address the increasing demand for bandwidth. infinera provides an end-to-end portfolio of packet-optical solutions for the long-haul, metro and cloud. infinera is redefining optical networking. infinera intelligent transport networks help network operators exploit the increasing demand for cloud-based services and data center connectivity



What does Infinera's logo look like?

Infinera Corp. logo

Complete history of Mr. Riedel stock trades at Cerner, Infinera, and Xperi Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
18 May 2024 George Andrew Riedel
Director
Option 39,447 $5.26 $207,491
18 May 2024
168,019
1 Jun 2023 George Andrew Riedel
Director
Option 10,848 $4.79 $51,962
1 Jun 2023
128,572
18 May 2023 George Andrew Riedel
Director
Option 35,273 $5.07 $178,834
18 May 2023
117,724
10 Jun 2022 George Andrew Riedel
Director
Buy 10,000 $5.28 $52,800
10 Jun 2022
82,451
1 Jun 2022 George Andrew Riedel
Director
Option 10,848 $5.66 $61,400
1 Jun 2022
72,451
19 May 2022 George Andrew Riedel
Director
Option 18,211 $5.67 $103,256
19 May 2022
61,603
1 Jun 2021 George Andrew Riedel
Director
Option 10,848 $9.69 $105,117
1 Jun 2021
43,392
21 May 2021 George Andrew Riedel
Director
Option 32,544 $9.06 $294,849
21 May 2021
32,544
16 Nov 2020 George Andrew Riedel
Director
Sale 1,750 $75.69 $132,458
16 Nov 2020
9,637
27 Nov 2017 George Andrew Riedel
Director
Buy 3,000 $19.58 $58,740
27 Nov 2017
24,527
23 May 2017 George Andrew Riedel
Director
Sale 312 $31.75 $9,906
23 May 2017
21,527
27 Apr 2017 George Andrew Riedel
Director
Sale 2,499 $33.51 $83,741
27 Apr 2017
21,839
24 Feb 2017 George Andrew Riedel
Director
Sale 312 $38.61 $12,046
24 Feb 2017
19,868


Infinera executives and stock owners

Infinera executives and other stock owners filed with the SEC include: