Fabrinet appoints Caroline Dowling to its Board, enhancing leadership with her extensive manufacturing and technology expertise.
Quiver AI Summary
Fabrinet announced the appointment of Caroline Dowling to its Board of Directors, bringing over 20 years of experience in global manufacturing, particularly from her previous role as Business Group President at Flex. Dowling's extensive background in technology and supply chain management will enhance the Board's expertise as Fabrinet aims to strengthen its market leadership. CEO Seamus Grady expressed confidence in Dowling's ability to provide valuable insights for the company’s growth, while Dowling highlighted her excitement to contribute to Fabrinet's reputation for quality and service. She is also involved with other boards, including CRH plc and DCC plc, and holds advanced management credentials. Fabrinet specializes in advanced optical and electro-mechanical manufacturing services, operating facilities in multiple countries.
Potential Positives
- Caroline Dowling's appointment to the Board of Directors enhances Fabrinet's leadership with her extensive experience in global manufacturing and supply chain management, particularly in the technology sector.
- Her previous leadership role at Flex, a top-tier electronic manufacturing services provider, brings valuable industry insights that can drive long-term value for Fabrinet's stakeholders.
- Ms. Dowling's strong background in managing complex supply chains and telecommunications will likely contribute to improving Fabrinet's operational effectiveness and market competitiveness.
- Fabrinet's reputation for quality and service is reinforced by the addition of a highly regarded leader, potentially attracting more business partnerships and opportunities in the future.
Potential Negatives
- Announcement lacks information on the company's current financial health or operational challenges, which may raise concerns about transparency.
- Ms. Dowling's retirement from her previous position at Flex in 2019 may indicate a gap in her most recent industry experience, potentially raising questions about her current relevance in the fast-evolving technology sector.
- The reliance on a newly appointed board member for strategic direction could suggest a lack of internal leadership stability or continuity within the existing board structure.
FAQ
Who is Caroline Dowling?
Caroline Dowling is a significant addition to Fabrinet’s Board of Directors with over 20 years of experience in global manufacturing.
What experience does Caroline Dowling bring to Fabrinet?
Ms. Dowling brings extensive operational and leadership experience from Flex, enhancing the Board with her industry knowledge.
What is Fabrinet's primary business focus?
Fabrinet specializes in advanced optical packaging and precision manufacturing services for complex products like optical communication components.
What did the CEO of Fabrinet say about Caroline Dowling's appointment?
CEO Seamus Grady expressed delight at Caroline joining the Board, highlighting her breadth of experience as a valuable asset.
Where does Fabrinet operate its manufacturing facilities?
Fabrinet operates manufacturing resources in Thailand, the USA, China, and Israel, focusing on high-complexity products.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$FN Insider Trading Activity
$FN insiders have traded $FN stock on the open market 30 times in the past 6 months. Of those trades, 0 have been purchases and 30 have been sales.
Here’s a breakdown of recent trading of $FN stock by insiders over the last 6 months:
- HARPAL GILL (PRESIDENT & COO) has made 0 purchases and 2 sales selling 32,878 shares for an estimated $9,526,171.
- CSABA SVERHA (Chief Financial Officer) has made 0 purchases and 5 sales selling 23,000 shares for an estimated $7,654,928.
- PRABIR ADARKAR (PRESIDENT AND COO) has made 0 purchases and 8 sales selling 24,968 shares for an estimated $6,799,264.
- ROLLANCE E. OLSON has made 0 purchases and 3 sales selling 11,500 shares for an estimated $3,567,040.
- SEAMUS GRADY (Chief Executive Officer) has made 0 purchases and 5 sales selling 9,513 shares for an estimated $3,134,730.
- EDWARD T. ARCHER (EVP, Sales & Marketing) has made 0 purchases and 5 sales selling 6,533 shares for an estimated $2,253,905.
- DARLENE S. KNIGHT has made 0 purchases and 2 sales selling 1,679 shares for an estimated $577,464.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$FN Hedge Fund Activity
We have seen 224 institutional investors add shares of $FN stock to their portfolio, and 234 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WHALE ROCK CAPITAL MANAGEMENT LLC removed 653,963 shares (-50.8%) from their portfolio in Q2 2025, for an estimated $192,709,816
- WASATCH ADVISORS LP added 553,196 shares (+45.1%) to their portfolio in Q2 2025, for an estimated $163,015,797
- POLAR CAPITAL HOLDINGS PLC added 464,333 shares (+239.5%) to their portfolio in Q2 2025, for an estimated $136,829,648
- INVESCO LTD. added 417,959 shares (+446.6%) to their portfolio in Q2 2025, for an estimated $123,164,158
- FMR LLC added 403,098 shares (+23.2%) to their portfolio in Q2 2025, for an estimated $118,784,918
- BALYASNY ASSET MANAGEMENT L.P. removed 345,605 shares (-74.7%) from their portfolio in Q2 2025, for an estimated $101,842,881
- WESTFIELD CAPITAL MANAGEMENT CO LP added 336,173 shares (+102.8%) to their portfolio in Q2 2025, for an estimated $99,063,459
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$FN Analyst Ratings
Wall Street analysts have issued reports on $FN in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 08/19/2025
- Rosenblatt issued a "Buy" rating on 08/19/2025
To track analyst ratings and price targets for $FN, check out Quiver Quantitative's $FN forecast page.
$FN Price Targets
Multiple analysts have issued price targets for $FN recently. We have seen 7 analysts offer price targets for $FN in the last 6 months, with a median target of $329.0.
Here are some recent targets:
- Samik Chatterjee from JP Morgan set a target price of $430.0 on 10/16/2025
- Mike Genovese from Rosenblatt set a target price of $425.0 on 10/02/2025
- Ryan Koontz from Needham set a target price of $350.0 on 08/19/2025
- Dave Kang from B. Riley Securities set a target price of $220.0 on 08/19/2025
- Tim Long from Barclays set a target price of $329.0 on 08/19/2025
- Phil Hardie from Scotiabank set a target price of $48.0 on 07/29/2025
Full Release
BANGKOK, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced that Caroline Dowling has been appointed to Fabrinet’s Board of Directors.
Ms. Dowling brings significant operational and leadership experience from a global manufacturing business and deep industry knowledge to the Board of Directors. Having spent more than 20 years at Flex, a top-tier electronic manufacturing services (EMS) provider, Ms. Dowling is a highly experienced business leader with extensive global expertise in the technology sector, specifically electronic, technical and logistic services. Most recently, Ms. Dowling served as Business Group President at Flex from 2012 until her retirement in February 2019. In this role, she led the Telecommunications, Enterprise Compute, Networking and Cloud Data Centre and was also responsible for managing the Global Services Division, supporting complex supply chains. Her appointment further strengthens Fabrinet’s Board with demonstrated manufacturing and supply chain leadership.
Seamus Grady, Chief Executive Officer of Fabrinet, said “We are delighted to have Caroline join our Board of Directors. The breadth and depth of Caroline’s experience will be a significant asset to our Board as we continue to extend our leadership position in the market. We are confident her insights and perspective will help drive long-term value for all our stakeholders.”
“This is a very exciting time to be joining Fabrinet’s Board of Directors,” said Ms. Dowling. “Fabrinet is a highly regarded manufacturing partner with an excellent reputation for quality and service, as reflected by its compelling track record. I’m honored to be able to share my deep industry experience and contribute to the company’s continued success.”
Ms. Dowling currently serves as a member of the board of directors of CRH plc (NYSE: CRH), where she serves on the audit and safety, environment & social responsibility committees. She is also a member of the board of directors of DCC plc (LSE: DCC), where she serves on the audit and remuneration committees. From November 2019 to May 2025, Ms. Dowling was a member of the board of directors of IMI plc, where she chaired the remuneration committee and served on the nomination committee. Ms. Dowling completed the Harvard Advanced Management Program and holds a Diploma in Environmental, Social & Governance from the Corporate Governance Institute.
About Fabrinet
Fabrinet is a leading provider of advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of complex products, such as optical communication components, modules and subsystems, automotive components, medical devices, industrial lasers and sensors. Fabrinet offers a broad range of advanced optical and electro-mechanical capabilities across the entire manufacturing process, including process design and engineering, supply chain management, manufacturing, advanced packaging, integration, final assembly and testing. Fabrinet focuses on production of high complexity products in any mix and any volume. Fabrinet maintains engineering and manufacturing resources and facilities in Thailand, the United States of America, the People’s Republic of China, and Israel. For more information visit: www.fabrinet.com .
SOURCE: Fabrinet
Investor Contact:
Garo Toomajanian
[email protected]