In October of 2015, it was asked what events had just happened within the Coriant Company. At this time, Coriant, which is an optical transport vendor, had just named the new CEO, who happened to be Shaygan Kheradpir. If this name sounded familiar, it was because Kheradpir had been making many headlines throughout 2014, following his eventful and short tenure being the CEO of the Juniper Networks Inc., where he had spent 10 months in the hotseat starting with him being publicly attacked by activist investors, this followed by a strategy review, this leading to executive defections and job cuts, all of this finally leading to his resignation in November of 2014. While you would think that this would not look good for a new job, in under a year after leaving Juniper, he was now in charge of running Coriant, after taking over for Pat DiPietro, who had became the vice chairman and had returned to a role as an operating partner for Marlin Equity Partners. However, Kheradpir was just walking into
his role at Coriant blind, as according to Coriant, he had been working closely to the senior management team since early 2015.
In his early career, Shaygan earned his bachelor’s, master’s and PhD. in engineering at Cornell University. Since then he’s had multiple patents that have spanned from media, telecom and payments, and has also been on the advisory board for the U.S. National Institute of Standards & Technology and is on the Engineering Council at Cornell University. He has also been recognized as the technology and business leader for over 28 years of executive experience across the technology, telecom, and financial services industries. He began his career at the GTE Corporation, and has subsequently been appointed as the Chief Information Officer and EVP at Verizon. His other responsibilities while at Verizon included being an executive leadership team that was diving into systems modernization, pioneering and innovating product initiatives and efficiency. After his time at Verizon, he joined as the Chief Operations and Technology Officer at Barclays and has served at a member on the bank’s Executive Committee. While at Barclay’s he held the leadership role in creating the company’s TRANSFORM program, which would be a historical transformation within the bank, being for the 21st century that would span across 150 thousand employees within 50 countries. And following this, he became the CEO for Juniper Networks, before taking on his current role at Coriant.