Rick Hamilton net worth and biography

Rick Hamilton Biography and Net Worth

SVP of Ciena

Rick Hamilton believes that intelligent automation software will play a pivotal role in enabling more immersive and transformative experiences.

“We’re ushering in the next digital era,” he says. “It’s changing the way people connect with each other.”

And when the world changes, companies have to adapt accordingly, says the head of Ciena’s Blue Planet division. The ones that succeed, like Ciena, do so with the agility and open-mindedness that are the foundations of innovation.

New developments like 5G, AI, AR, and VR are creating “phenomenal” ways for people to connect. “There’s a huge market for Blue Planet; there’s just tons of opportunity there,” he says of the business Ciena acquired in 2015, then built into a separate division with a stand-alone portfolio.

Rick says his favorite customers are eager to take calculated risks to keep improving their networks and their own customers’ experiences. “They’re not just trying to survive. They really want to evolve, and we’re here to enable that.”

He describes his work as “transformational” and himself as a “perpetual optimist.” When hiring staff, Rick says he looks for people “who want to do good work, who want to make an impact, who are self-guiding.” Members of his team pride themselves on accountability, he says, and he is the same way.

“I’m quite certain everyone who works for me would be more critical of themselves than I would be of them,” he says. “And that’s how it should be. You hire people to do what they do best, and then you create a situation where they can do that all day long.”

Rick is a pilot and former flight instructor who flies for the U.S. Coast Guard whenever he can find the time. The next time he expects to be in the cockpit? “Tomorrow if I’m lucky,” he says.

His passion for flying is reflected in his favorite quote from one of his heroes, Chuck Yeager: ‘Just before you break through the sound barrier, the cockpit shakes the most.’ Those words resonate for Rick at Blue Planet as well.

“We face plenty of challenges,” he says. “And yes, things are shakiest when our customers are just about to automate. That’s why we’re here – to help them break through to the other side.”

Growing up in Michigan, Rick and his six brothers all worked at his father’s butcher shop. There he learned that you have to prove yourself before you’re handed responsibility.

“You weren’t allowed to work the saw unless you could prove you weren’t going to chop your arm off,” he says, adding that his favorite cut of beef is still the tri-tip sirloin he learned to prepare under his dad’s tutelage.

Rick is an avid outdoorsman who loves to hike and fish (yes, he guts his own catches). As a former Californian, he knows Yosemite National Park “like the back of my hand.”

“If I could get Zoom in my tent, you’d find me there,” he says.

What is Rick Hamilton's net worth?

The estimated net worth of Rick Hamilton is at least $2.60 million as of September 21st, 2022. Mr. Hamilton owns 64,247 shares of Ciena stock worth more than $2,597,506 as of October 2nd. This net worth estimate does not reflect any other investments that Mr. Hamilton may own. Learn More about Rick Hamilton's net worth.

How do I contact Rick Hamilton?

The corporate mailing address for Mr. Hamilton 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 Rick Hamilton's contact information.

Has Rick Hamilton been buying or selling shares of Ciena?

Rick Hamilton has not been actively trading shares of Ciena during the last quarter. Most recently, Rick Hamilton sold 2,540 shares of the business's stock in a transaction on Wednesday, September 21st. The shares were sold at an average price of $40.79, for a transaction totalling $103,606.60. Following the completion of the sale, the senior vice president now directly owns 64,247 shares of the company's stock, valued at $2,620,635.13. Learn More on Rick Hamilton's trading history.

Who are Ciena's active insiders?

Ciena's insider roster includes Stephen Alexander (SVP), Bruce Claflin (Director), Rick Hamilton (SVP), Scott McFeely (SVP), James Moylan, Jr. (CFO), Patrick Nettles (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 39 times. They sold a total of 124,860 shares worth more than $7,238,134.00. The most recent insider tranaction occured on September, 21st when SVP Rick Hamilton sold 2,540 shares worth more than $103,606.60. Insiders at Ciena own 0.9 % of the company. Learn More about insider trades at Ciena.

Information on this page was last updated on 9/21/2022.

Rick Hamilton Insider Trading History at Ciena

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
9/21/2022Sell2,540$40.79$103,606.6064,247View SEC Filing Icon  
6/22/2022Sell2,600$44.06$114,556.0068,257View SEC Filing Icon  
2/5/2021Sell9,678$55.28$534,999.84View SEC Filing Icon  
9/22/2020Sell1,895$41.00$77,695.00
6/21/2019Sell1,951$44.05$85,941.55View SEC Filing Icon  
5/9/2019Sell9,652$34.95$337,337.40View SEC Filing Icon  
12/21/2018Sell4,602$32.48$149,472.96View SEC Filing Icon  
9/21/2018Sell2,931$31.27$91,652.37View SEC Filing Icon  
1/29/2018Sell2,526$21.40$54,056.40View SEC Filing Icon  
12/21/2017Sell3,398$21.22$72,105.5651,019View SEC Filing Icon  
9/22/2017Sell524$21.26$11,140.24View SEC Filing Icon  
6/22/2017Sell526$25.60$13,465.60View SEC Filing Icon  
4/24/2017Sell526$22.11$11,629.86View SEC Filing Icon  
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Rick Hamilton Buying and Selling Activity at Ciena

This chart shows Rick Hamilton's buying and selling at Ciena by year and by quarter.

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Ciena Company Overview

Ciena logo
Ciena Corporation provides network hardware, software, and services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment offers hardware networking products and solutions that optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Its products include 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and service aggregation switches, and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and the Ethernet packet configuration for the 5410 Service Aggregation Switch; 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, network function virtualization orchestration, analytics, and related services. Its Platform Software and Service segment offers OneControl unified management system and platform software services, as well as manage, control, and plan software. The company's Global Services segment provides consulting and network design, installation and deployment, maintenance support, and training services. The company sells its products through direct and indirect sales channels to network operators. Ciena Corporation was founded in 1992 and is headquartered in Hanover, Maryland.
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Today's Range

Now: $40.43
Low: $40.34
High: $41.63

50 Day Range

MA: $48.19
Low: $39.71
High: $56.37

2 Week Range

Now: $40.43
Low: $39.44
High: $78.28

Volume

1,325,478 shs

Average Volume

2,093,181 shs

Market Capitalization

$5.99 billion

P/E Ratio

31.83

Dividend Yield

N/A

Beta

0.91
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