In late September, 2015, Coriant announced that Shaygan Kheradpir was to take over the leadership of the telecommunications giant from Pat DiPietro. Kheradpir would become the new CEO and chair Coriant’s Board while DiPietro would become his second in command. Fiercetelecom press reported that Shaygan joined the company after forging close working relationships with Marlin Equity Partners, the parent company of Coriant.
Coriant supplies a number of innovative solutions to top network operators situated in over 100 countries and six continents. Shaygan’s entrance into the company shows that it is gearing up to launch a host of innovative products and expand its operations in the global market.
Kheradpir’s Mandate at Coriant
The vast experience that Kheradpir brings into Coriant will be instrumental in helping the company achieve its expansionist goals. Pat DiPietro successfully accomplished his mandate of integrating Coriant with two of Merlin Equity Partners’ acquisitions in the U.S. namely, Tellabs Labs and Sycamore Networks. Under DiPietro, Coriant successfully spearheaded key portfolio initiatives as well as their integration.
Kheradpir reiterated that he was attracted to the company’s comprehensive portfolio of packet optical solutions and data networking. He also revealed that he was impressed by Coriant’s innovative environment and global reach. Shaygan believes that the company can help customers with networking solutions that are cost disruptive. This allows them to set their sights on solutions that allow automation, programmability and agility.
Shaygan’s experience will be invaluable to Coriant given that there is an increase in demand for innovative end-user applications that are data intensive. Additionally, the market demand for hyper-scale data centers and cloud-infrastructure technology is also high.
Shaygan Kheradpir’s Professional Background
Shaygan Kheradpir has a lot of experience in coming up with top technological solutions to some of the market’s most pressing issues. This innovative culture and wealth of experience began almost 28 years ago when he joined GTE Laboratories as an engineer working in network routing. He rose to the position of CEO. He later worked for Verizon Wireless and was quite instrumental in diversifying its market offerings by introducing new automation and telecommunication services.
In January, 2011, Kheradpir joined Barclays Bank and served as the Chef Executive Officer in charge of Global Retail Business. At Barclays, Shaygan was instrumental in the development process of the Pingit, a mobile payments software. In 2014, he became Juniper Networks’ CEO. Later that year, he was appointed as an operating partner in Merlin Equity Partners.