Shaygan Kheradpir has hit the headlines after he was recently announced as the CEO as well as the chairman of the board of Coriant. Kheradpir was born on 19th December in London and spent his childhood in Iran. After he had left high school in Switzerland, he went to the Cornell University in the United States. Here, Shaygan Kheradpir earned a bachelor’s degree, masters and Ph.D. During his studies, he focused on control systems, which has also been his focus during his career.
Shaygan first worked at GTE Laboratories. He was tasked with network routing, control and management. Eventually, he rose to become the chief information officer at GTE Corporation; a position that earned him respect because of how well he handled his job. When GTE merged with Bell Atlantic to form Verizon in 2000, Shaygan Kheradpir on fancy served as the head of the company’s e-business division. Later, he became Verizon’s first CTO. During the time he works at the company, he raised it to greater heights by broadening its range of telecommunication services that it offered.
One of the strategies that Kheradpir used was to form small teams that were in charge of coming up with and actualizing new product ideas. He would test and modify new technologies by following his 30-day prototype cycle. Approximately seven thousand staff was working behind him, tirelessly to create new product ideas. Some of the technologies developed by his team include IOBI, which is used across various devices to manage caller ID, address books and other features. His team also played a significant role in the development of Verizon’s fiber optic video initiative as well as associated DVR. During his term at Verizon, he managed to reduce the information technology budget from six percent to four percent. He managed to reduce purchasing from technology dealers by thirty percent and reduced IT staff by twenty percent. He would bargain with the dealers to lower their prices. Kheradpir also convinced Verizon to drop its policy against buying equipment being auctioned on eBay by failed businesses.
After his successful career at Verizon, Shaygan joined Barclays in 2011 in the position of Chief Operating Officer. During his term of service at the global business and retail bank, he managed to create excellent customer products such as the Pingit mobile payments software. Eventually, he was promoted to become the chief operations and technology officer. He made history by being the first technology executive to sit on the executive team at Barclays. In 2014 January, Shaygan became the CEO of Juniper Networks. Here, he flung an Integrated Operating Plan (IOP) under the guidance of activist investors. IOP assisted in reducing expenses, buying back stock and increasing dividends. Later the same year in November, he resigned from Juniper.
Early 2015, Shaygan Kheradpir joined the Coriant management, team. On 28th September 2015, he became the CEO. Considering how successful he has been in his career, it is expected that Kheradpir will see Coriant rise to greater heights. Considering his strong belief in focusing on customers as one of the business fundamentals, it is likely that Coriant clients will benefit majorly from his appointment as the company’s chairman.