8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

DATE OF REPORT (Date of earliest event reported)         February 4, 2003

TELLABS, INC.
(Exact name of registrant as specified in its charter)

Delaware	0-9692	36-3831568
(State of Incorporation)	(Commission file number)	(I.R.S. Employer  Identification No.)

One Tellabs Center, 1415 W. Diehl Road, Naperville, Illinois	60563
(Address of Principal Executive Offices)	(Zip Code)

Registrant's telephone number, including area code: (630) 378-8800

N/A
(Former name or former address, if changed since last report)

Item 5. Other Events.

Tellabs CFO Joan Ryan resigns to accept CFO post at SIRVA Corporation.

Tellabs announced that Joan Ryan, Tellabs’ executive vice president and chief financial officer, is resigning effective Feb. 7 to become senior vice president and chief financial officer at SIRVA Corporation. Further details are contained in the press release of Tellabs, Inc., dated February 3, 2003, attached hereto as Exhibit 99 and incorporated herein by reference.

Item 7. Financial Statements and Exhibits.

   (c) Exhibits
     Exhibit 99 - Press Release of Tellabs, Inc., dated February 3, 2003.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
 

                       TELLABS, INC.
                      (Registrant)
 
 

                           /s James A. Dite
                         James A. Dite
                                                 Vice President and Controller
                                                   (Principal Accounting Officer)

February 4, 2003
(Date)

EXHIBIT INDEX

Exhibit Number	Description
99	Press Release of Tellabs, Inc., dated February 3, 2003.

EX-99

FOR IMMEDIATE RELEASE
Feb. 3, 2003Tellabs CFO Joan Ryan resigns to accept CFO post at SIRVA Corporation

Naperville, Ill. – Tellabs today announced that Joan Ryan, Tellabs’ executive vice president and chief financial officer, is resigning effective Feb. 7 to become senior vice president and chief financial officer at SIRVA Corporation, a Westmont-based global provider of relocation services. Ryan, 46, had served as Tellabs CFO since joining the company in 2000.

Tellabs plans to conduct a search for a new chief financial officer. In the interim, Michael Smiley, Tellabs vice president of international finance and treasurer, will serve as acting CFO.

“Joan has built a strong finance team that has successfully focused on maximizing profits, investing for future growth and maximizing our cash flow during difficult times,” said Michael J. Birck, Tellabs chairman and CEO. “We appreciate Joan’s exemplary service to Tellabs and wish her well for the future.”

Tellabs ended 2002 with more than $1 billion in cash and marketable securities and no debt.

Tellabs provides innovative bandwidth management solutions to help carriers around the world move communications most efficiently and effectively. The world communications through Tellabs – most telephone calls and Internet sessions in several countries, including the United States, flow through the company’s equipment. Tellabs employee owners develop and deploy solutions that provide aggregation, grooming and business services in metro/regional networks in more than 100 countries (NASDAQ: TLAB; tellabs.com).

INVESTOR CONTACT: John Springer
+1.630.798.3603
John.Springer@tellabs.com

MEDIA CONTACT: Jean Medina
+1.630.798.2509
Jean.Medina@tellabs.com

Tellabs and the Tellabs logo are registered trademarks of Tellabs or one of its affiliates in the United States and/or in other countries.