Coriant recently announced the appointment of Shaygan Kheradpir as its Chief Executive Officer and Board Chairman in late September, 2015. Fiercetelecom press release, reports that Shaygan has joined the networking solutions giant after forging a close working relationship with the company’s senior management team when he was Operating Partner at Marlin Equity Partners earlier in 2015. The new appointment will leverage Shaygan’s previous involvement in Coriant’s strategic planning and operations. The company supplies a host of innovative solutions to various network operators in more than 100 countries around the world. A brief history of Shaygan reveals that he is an astute leader with broad experience in business and technology. Shaygan Kheradpir’s move to Coriant is a strategically designed grow the company and strengthen its focus on technological solutions that drive the market.
Shaygan Kheradpir’s experience will be of utmost importance to Coriant, bearing in mind the growing demand for data-intensive end user applications in the development of hyper-scale data center, 100G to multi-terabyte coherent metro and cloud infrastructure built-outs. Shaygan is succeeding Pat DiPietro, who was the company President and CEO. DiPietro has since taken over the role of company Vice Chairman. During DiPetro’s tenure, Coriant made huge strides in spearheading integration and portfolio initiatives. Speaking about his new position, Coriant intimates that he is attracted to Coriant’s comprehensive portfolio of data networking and packet optical solutions as well as its global reach and innovative environment. He strongly believes that Coriant can help clients with cost-disruptive networking solutions to turn their sights to solutions that promise high degree of automation, agility and programmability.
About Shaygan Kheradpir
Shaygan has over 28 years executive experience working in technology, telecom and financial service industries. According to the Fiercetelecom press release, the business and technology executive, holds a doctorate, master’s and bachelor’s degree in electrical engineering from the prestigious Cornell University. Before his recent appointment at Coriant, Shaygan held various executive positions at Barclay’s, GTE, Verizon and Juniper Networks. Shaygan started worked at GTE laboratories in 1987 in the network routing and management department, before becoming the CEO. At Verizon Wireless, Shaygan was instrumental in diversifying the company’s offerings to include new telecommunication and automation services. Shaygan joined Barclays Bank in January 2011 to serve as the CEO of Global Retail Business.
One of the outstanding solutions Shaygan Kheradpir helped develop at Barclays was the Pingit mobile payments software. Shaygan joined Juniper Networks in 2014 as the company CEO. He helped develop the cost cutting, Integrated Operating Plan that targeted the growth markets of High-IQ Networking and Cloud Builder. Outside his official duties and work engagements, Shaygan has previously sat in the boards of various regulatory organizations and institutions. According to Shaygankheradpir.com, Shaygan has served in advisory boards of Cornell University Engineering Council as well as the US National Institute of Standards and Technology. He also holds several media and telecom industry patents, even as he continues to speak in various forums as an authority in technology and business finance.
Shaygan Kheradpir to Move Coriant Ahead
The optical and IP transport systems vendor Coriant has a new CEO and chairman of the board. He succeeds Pat DiPietro, who is returning to his former position as operating partner at Martin Equity Partners, the company that created Coriant in 2013 by combining Tellabs, a portion of Sycamore Networks, and Nokia Sieman’s optical unit. Shaygan Kheradpir had previously held the position that DiPietro is moving into, so they are effectively switching jobs. Coriant currently has plenty of competitors in the optical transport market. It’s been focusing its activities on the large international carriers, making Shaygan’s task clear: he’ll be driving new sales of Coriant’s equipment toward these customers and helping the company grow in the global market (http://www.lightreading.com/optical/packet-optical/kheradpirs-coriant-comeback/a/d-id/718548).
Coriant has clearly tapped the right man for the job. Along with a stellar educational background, Shaygan Kheradpir can boast an executive career that covers 28 years and spans the technology, financial services, and telecom industries. When his educational background and executive career are taken into consideration, what becomes clear about Shaygan is that he has had intimate connection with a number of industries and has made major contributions to them all.
His intention to succeed through application and drive have been apparent from the start. Having earned his bachelor’s, master’s, and PhD degrees in electrical engineering from Cornell University, Shaygan served on the Cornell University Engineering Council. Along with holding many patents relating to telecommunications, media, and payments, Shaygan has been a member of the advisory board of the U.S. National Institute of Standards and Technology.
Shaygan’s executive resume is impressive and diverse, including stellar positions in telecommunications as well as banking and financial services. Starting out at the GTE Corporation, he then moved on to Verizon, where he served as executive vice president and chief information officer. As a member of Verizon’s executive leadership team, he contributed to efficiency, modernization and innovation initiatives, including the development of Verizon’s FiOS FTTH service; this latter program alone involved a capital investment of over $20 billion. From Verizon, Shaygan next progressed to Barclays and to the position of Chief Operations and Technology Officer at the multinational banking company. Barclays at the time was involved in transforming itself into a global financial services corporation operating in over fifty countries around the world, a project in which Shaygan played a major role.
After Barclays Shaygan had his first experience of Silicon Valley. Back in the telecom industry as CEO of Juniper Networks, a multinational corporation involved in the development and marketing of networking products, Shaygan found himself at the vital center of the IT industry. While heading Juniper Networks, he created an operating plan for the company and targeted a number of growth markets.
Shaygan’s connection with Coriant began early in 2015 with his appointment as an operating partner at Marlin Equity. At the time, Pat DiPietro was serving as president and CEO of Coriant, intent upon incorporating its then-divergent components into a solid unit. According to one source (http://www.lightwaveonline.com/articles/2015/09/shaygan-kheradpir-new-coriant-chairman-and-ceo.html), DiPietro’s return to Marlin Equity and Shaygan Khadpir’s appointment as CEO of Coriant are a sign that this integration has now been successfully accomplished.
Shaygan Kheradpir’s new position as head of Coriant will call upon the many and varied skills he has acquired over his diverse career. Coriant currently has over 500 customers around the world and annual revenues of over $1 billion. But it also has a number of high-powered competitors, among them Cisco, Ciena, Infinera, and Alcatel-Lucent. Shaygan’s task as new CEO and chairman of the board will clearly be increasing sales of packet-optical systems to the large carriers around the world. But if anyone has the qualifications it takes to accomplish this task, it will be Shaygan Kheradpir.