Coriant, sometimes known as the top optical transport technology provider in the world, is going through some growing pains as it brings Shaygan Kheradpir back as their new CEO. He had been venturing over to Juniper Networks, Inc., for a couple of years. But, now he is back in the saddle at Coriant. He takes over from Pat DiPietro who will return to his former role as Marlin Equity Partners’ Vice Chairman. He has not only been familiar with company history and operations, he was also already setting up a realistic road map to drive the company into becoming the premier optical networking corporate provider to industry, world wide.
The company was originally assembled from acquisitions of optical networking technology engineering units from Tellabs, Sycamore Networks, and Nokia. Tellabs itself cost Coriant $891 million. Kheradpir has already worked closely with the management team at Coriant, since earlier this year, when his role was as the Operating Executive to the investment company that put Coriant together: Marlin Equity Partners. The new CEO plans to upgrade their client list with the latest technology cloud computing and more fault-tolerant server systems.
About the changes, former chief DiPietro said that he felt honored to be welcoming Shaygan as the new head honcho at Coriant. He believes Kheradpir is uniquely situated to take on the role of CEO. He thinks their new leader will drive the company to succeed even more in the 21st century. The company made the announcement of his appointment by the Board of Directors, along with a commendation for Kheradpir being such a formative leader in his 28 years working in technology, at telecoms and for financial houses.
The amount of experience and abundance of skills that Shaygan Kheradpir brings to Coriant is remarkable. He was the key manager of Verizon Communication’s roll out of fiber networking across all of America. He was also an executive at GTE and Operations Chief and Technology Chief at Barclays Bank. He is obviously the right person to field systems to the company’s 500 corporate clients, bringing in over $1 billion annually. He is the right mix of high-technology, networking know-how, and business acumen. Much of this information came from this article on Light Reading.