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The Rise and Rise of Shaygan Kheradpir

Posted on 13 October, 2015  in CEO Profiles

Since his departure from Juniper Networks, the business and technology fields have been watching to see what Shaygan Kheradpir would do next.

Well, he landed at Coriant where Kheradpir has been named Chairman of the Board and Chief Executive Officer. Kheradpir was already familiar with the operations and senior management there when he was Operating Executive at Marlin Equity Partners. His deft handling of that company’s productions and strategic planning made Kheradpir a logical choice to grow Coriant in a competitive and dynamic end-user market.

Kheradpir has stated Coriant’s versatile and comprehensive “portfolio of packet optical and data networking solutions, world-class technology innovation, global reach, and expanding customer base of top tier network operators, as well as” [its] “cloud providers and large enterprises” are extremely attractive. “As market drivers intensify the imperative for an entirely new level of efficiency and innovation in network architectures, operations, and service creation, Coriant will enable our customers with cost-disruptive networking solutions optimized for the highest degree of automation, programmability, and service agility.”

Kheradpir began his career at GTE Laboratories. He worked on network routing, control and management before becoming Chief Information Officer. No more highly respected resource than The Wall Street Journal said he had earned his reputation “for delivering new products on schedule.” At the turn of the century, GTE merged with Bell Atlantic. Kheradpir was named president of the newly formed Verizon Communication’s e-business division. He would become Verizon’s first CIO/CTO. He was front and center as the company transformed into a multi-media products provider, marketing and marrying conventional networking with web-based software. This led to what are now standards such as carrier-grade voice over IPs and high-speed data, turning Verizon into a major player with $12 billion in assets and a market penetration of over 35 percent.

In 2011, Kheradpir became Chief Operating Officer of Global Retail & Business at Barclays. He was instrumental in the development of the Pingit mobile payments application and other products. He would eventually become the first technology executive to sit on Barclays’ executive team after earning the title of Chief Operations and Technology Officer.

Kheradpir has also served on the board of the National Institute of Standards and Technology and, from 2007 to 2010, was a member of the Advisory Board of the YMCA of Greater New York. He was born in London and raised in Iran. He moved to the United States and earned his Bachelors, Masters and Doctorate in electrical engineering with a focus on control systems from prestigious Cornell University.

At Coriant, Kheradpir succeeds Pat DiPietro, who is moving into the role of Vice Chairman and, ironically, taking over the role of Operating Partner at Marlin Equity. This transition is on the heels of DiPietro’s highly regarded counsel that guided Marlin Equity through new product introduction and integration.

With a history that includes overseeing the operations of 7,000 employees, it is expected Kheradpir’s new position at Coriant will include innovations and products that will again change the way we view business.