In a move to launch Coriant Corporation forward to bigger and better times, the company’s Board of Directors approved the appointment of Shaygan Kheradpir as CEO and Chairman of the Board. Their aim is to improve the standing of Coriant in the telecom and high-throughput networking arena, while upgrading all their clients; moving them swiftly into future business. Their selection of Kheradpir is based on past experience with him in their management consulting and their confidence in his high level of performance in leading companies to more successful technology implementations.
He plans to focus on high-end clients who are part of the cloud computing shift with hyper-scaled data centers, running applications in clouds that communicate over 100 gigabit networks. When Kheradpir was an Operating Partner at Marlin Equity Partners, he worked closely with Coriant’s Operations and Strategic Planning group. There he drew up initiatives that impressed the management. In his new role, Kheradpir replaces former CEO, Pat DiPietro, who remains as closely associated with the company as Vice Chairman. As for the company’s current management, they are excited and quite pleased to have a new executive of Kheradpir’s caliber, leading them to new heights.
Coriant has long produced and marketed technical solutions packages for network providers in more than a hundred countries of the world. The packet optical technologies that Coriant offers are significantly less expensive than their closest competitor. This is mainly the result of smart integration of automation into their production operations. The new units they install now come with much more flexible configurations and in-field programmability.
The Board picked a most seasoned executive with 28 years of dealing technology under his belt. He has worked for diverse businesses, from telecoms to banks. He led at Juniper Networks as CEO, cutting costs with High-IQ Networking and Cloud Builder projects. While at Barclay’s Bank, Kheradpir he was the Global Retail Business group’s CEO. There he invented the Pingit online payment software. At Verizon he upgraded the Verizon Wireless products and services offerings, using better technology. Part of this involved his management of the enormous project to lay and connect fiber optic (FiOS) network lines across the United States. This was a large, $20 million undertaking that he completed successfully; one for the record books.
He climbed the ladder at GTE, starting out in their routing group in 1987. He eventually become their CEO. So, he has the twin powers of innovating in the area of financial services, and he also has done the same for companies in the telecom space. Shaygan Kheradpir has a degree in Electrical Engineering from Cornell University, where he was a member of the Cornell University Engineering Council Advisory Panel. He also has advanced engineering degrees, a Masters and a Ph.D., from Cornell. He serves as a member of the National Institute of Standards & Technology’s Board of Directors. Much of this information came from an article on Light Reading.