Kheradpir is the New CEO of Coriant
Shaygan Kheradpir, former Juniper CEO and Verizon veteran, is the new CEO of Coriant as of September 2015. He replaced Pat DiPietro as company head of the optical transport vendor known as Coriant. DiPietro will return to being the operating partner for Marlin Equity partners. Kheradpir took the CEO role after working with Coriant for a while. He has worked with the telecom industry for 28 years now. He graduated with an electrical engineering bachelor’s, master’s, and PhD from Cornell, with a focus in control centers.
His time at Juniper as CEO was short lived, as he resigned after a review of his conduct by the company’s board of directors in November 2014. Before working for Coriant, he worked for Marlin Equity Partners, much like how former CEO Pat DiPietro went to work for. Before Juniper, he’d worked with Barclays, and before that, he was a high ranking executive for Verizon. GTE, which eventually became Verizon, was the company he worked for first. He became the EVP and Chief information officer, helping the company start the FiOS FTTH service and bring it to the modern age. When he joined Barclays, he helped form the TRANSFORM program, which helped transform the bank for the present times.
The company Coriant started as an optical vendor created out of the combination of NSN Optical Networks, Tellabs, and Sycamore Networks. Kheradpir has to help the company grow against competitors. Coriant’s optical revenues in 2014 went down by 11%, while rival companies Ciena, Infinera, and ZTE went up by 12-26%. This was according to an IHS Infonetics report, however a separate IHS report said Coriant “positioned itself as a vendor focused on large customers and carriers and expects to build on a successful track record of supplying packet-optical systems.”
The company has won deals with a number of crucial customers, especially international carriers. Kheradpir must, as CEO, drive new sales of its equipment to meet service providers’ need for 100G service with optical networking solutions. Kheradpir must also prepare Coriant for long haul transport deployments, large scale data centers, and cloud infrastructure build outs, and mobile back haul upgrades to accommodate 4G and eventually 5G service.