Finisar CEO and Co-Founder Jerry Rawls Retires and Michael Hurleson Takes Over as CEO

Yesterday, Finisar Corporation, a maker of subsystems and components for fiber optic communications, announced the retirement of chairman and CEO Jerry Rawls and the appointment of Michael Hurlston as CEO and a director of the
company effective immediately. The company explained that Mr. Hurlston and Mr. Rawls will work together to ensure a smooth transition and said that Mr. Rawls will continue to serve as the company’s director. In another management move, the company’s lead director Robert Stephens was appointed the chairman of the board of directors.

New Finisar CEO’s Background

Michael Hurlston most recently worked as a senior vice president and general manager of the Mobile Connectivity
Products/Wireless Communications and Connectivity Division at Broadcom Limited. Previously, he served at Broadcom in senior leadership positions in marketing, sales, and general management.

Before joining Broadcom in 2001, Mr. Hurlston held senior marketing and engineering positions at Oren Semiconductor, Inc., Avasem, Integrated Circuit Systems, Micro Power Systems, Exar and IC Works. Mr. Hurlston also currently serves as a director of Ubiquiti Networks, Inc. and member of the board of advisors of Vilynx Inc. Mr. Hurlston earned a B.S.E.E., an M.S.E.E. and an M.B.A. from the University of California, Davis.

“I’m thrilled that Michael is going to lead Finisar into the future,” said Jerry Rawls, Finisar’s co-founder and outgoing Chief
Executive Officer.

“I am very excited to join Finisar and lead the great company that Jerry and his fellow employees have built,” said Mr.
Hurlston. “Finisar has world-leading products and technology, engineering talent, and manufacturing capabilities and a
reputation for excellence in the industry and with its customers. The optical communications and components industry is
rapidly advancing and there are many new exciting customer opportunities. I look forward to getting to work.”