The Coriant company announced last fall that they were naming Shaygan Kheradpir as their new CEO and Chairman of the Board. Kheradpir joins Coriant after leaving his last position at Juniper Networks. The company’s former CEO, Pat DiPietro, will remain with the company and take over his previous position as operating partner at Marlin Equity Partners. Coincidentally, Kheradpir was an operating partner at Marlin also, just before being named CEO of Coriant. He had been working with leaders at Coriant for almost a year when he was at Marlin. The company thought he would be the perfect fit for them and an obvious choice to lead them to the next level. His main focus will be developing and spearheading Coriant’s growth strategy.
Coriant’s annual revenues approach $1 billion and they are looking to differentiate themselves from top competitors, Cisco, Alcatel-Lucent and Ciena. They are hoping that Keradpir can help them accomplish that and bring the company a much need boost. They are counting on his past successes at Verizon and Barclays PLC on continuing at Coriant. In 2014, Coriant’s optical revenues saw an 11% decline, while their competitors experienced gains up to 26%, so he will have his work cut out for him.
With almost 30 years of experience in the industry, Shaygan also boasts a doctorate, master’s and bachelor’s in engineering. He holds several patents for telecommunications inventions including methods and systems for integrating communication services. He was born in London, grew up in Iran, but moved to the United States to attend Cornell University where he earned his numerous engineering degrees.
Shaygan certainly has the background and the know-how to see Coriant not only expand but to be innovators in their field with unlimited growth potential.