Telecom Industy Company Coriant Apooints Shaygan Kheradpir Former Verizon Veteran As CEO
Coriant originates from the Transmission Technology department of Siemens based in Germany in the 1990’s. However, this telecommunication company in the telecom industry was formed as an independent company, founded and announced for the OFC/NFOEC in March of 2013 in the United States Of America. Coriant was created by a private equity firm called, Marlin Equity Partners. Coriant products include hardware and software for optical transmission in voice, data and mobile networks. Providing useful products such as: Intelligent Network Management, Integrated Optical Planning Solutions and Optical LAN and Broadband Access, Coriant employs about 3000 employees world wide.
Recently Coriant announced their decision to elect former Verizon employee once CEO of Juniper, Shaygan Kheradpir as Coriant’s new CEO. Kheradpir, a 28 year telecom industry expert accepted his role of CEO for Coriant after working with the company’s management team. Kheradpir is anticipated to help Coriant grow among other telecom competitors such as Cisco, Infinera.
Shaygan Kheradpir earned a bachelor’s, master’s and doctoral degree in electrical engineering through Cornell University. In 1987 Kheradpir worked for GTE Laboratories in network routing, management and control until he became chief information officer at GTE Corporation. When GTE merged with Bell Atlantic to form Verizon Communications Kheradpir continued his career with Verizon. Later in 2003 Kheradpir was a member of the team with Verizon that developed iobi,a network-based convergent solution that integrates communication services from landline and mobile phones to PCs, laptops and hand held devices. Kheradpir also assisted Verizon with their FiOS FTTH service which included a capital investment of $20 million.
In 2011 Kheradpir joined Barclays as chief operations officer and became the first technology executive to sit on Barclays executive team. In 2014 Kheradpir became CEO of Juniper Networks where he developed and executed the Integrated Operating Plan (IOP)which consolidated many products. IOP included $160 million in cost cutting and returning $3 million to share holders.
Prior to accepting his offer to become CEO of Cariant, Kheradpir briefly joined Marlin Equity Partners. This brief merger coinciding with his vast experience in the telecom industry presented him with this opportunity to become Coriant’s new CEO.
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