Clyde Wallin's exit is effective May 15, and not due to a disagreement with the company. He's agreed to act as a consultant for a three-month transition after that, at $300/hour.
Wallin will get his severance benefits (a lump-sum of $325,000, cash of $72,000 that he can use toward health coverage or otherwise, and accelerated vesting of his equity awards).
NeoPhotonics says it's launched a search process for his successor.
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