Infinera Corp. (INFN) Tuesday said that chairman and chief executive officer Jagdeep Singh plans to step down as chief executive officer on January 1, 2010 and become executive chairman of the company and that chief operating officer Tom Fallon would succeed Singh as President and chief executive officer at that time.
Fallon joined Infinera in 2004 and served as the company's vice president, engineering and operations through 2006, when he was named chief operating officer. From 2003 to 2004, Fallon was vice president, corporate quality and development operations at Cisco Systems, Inc.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.