Lonergan Partners is pleased to announce that Ken Mobeck has been named Vice President, Finance at Lumentum. The search was led by Mark Lonergan.
Ken was most recently with SGI-HPE where he was VP Finance &Administration for the last four-and-a-half years. His responsibilites included corporate and operational financial planning and analysis, customer operations and global facilities & real estate.
Earlier in Ken’s career he worked at some of Silicon Valley’s most innovative technology companies in a variety of global manufacturing, sales, corporate and audit financial roles. The most notable companies include KLA-Tencor where helped grow revenue from $1.3B to $2.7B over eight years and Terayon where he joined just after the company’s IPO to build the operations finance team to support revenue growth from $32M to $339M in only two years. Ken started his career in the new college graduate rotation program at Intel Corporation.
Ken holds a BsC in finance and an MBA from the Leavey School of Business at Santa Clara University.
Lumentum (NASDAQ: LITE) is a market-leading manufacturer of innovative optical and photonic products enabling optical networking and commercial laser customers worldwide. Lumentum’s optical components and subsystems are part of virtually every type of telecom, enterprise, and data center network. Lumentum’s commercial lasers enable advanced manufacturing techniques and diverse applications including next-generation 3D sensing capabilities. Lumentum is headquartered in Milpitas, California with R&D, manufacturing, and sales offices worldwide.
Ken’s mission will be to lead and guide FP&A to provide high quality value-added services to the Lumentum organization, leading to optimal decision making that maximizes profit and cash flow generation.Aaron Tachibana, CFO, Lumentum
I am very excited to join Lumentum at a time of rapid growth in the optical networking and 3D sensing markets. I feel fortunate to have the skillset the executive staff was looking for as we continue to transform the company into a world class organization to support revenue growth in excess of $1B. The future is bright at Lumentum!Ken Mobeck, VP Finance, Lumentum
Ken is an excellent addition to the team at Lumentum as they plan for the next stage of transformational growth. Ken is a finance executive who sees the larger business picture of how to grow revenue and drive a global operation forward.Alex Zakupowsky, Founder & Managing Partner, Lonergan Partners