Coriant Technologies, a provider of cutting-edge network solutions to telecommunications firms in more than 100 countries, has let it be known that Shaygan Kheradpir is the company’s new Chief Executive Officer.
He takes up the position from the CEO and President Pat DiPietro, who will assume the role of Vice Chairman at Coriant and resume his work as Operating Partner at Marlin Equity Partners. DiPietro commented that Coriant was “honored to welcome Shaygan to Coriant and fortunate to have an executive of his caliber leading the company”(http://www.fiercetelecom.com/press-releases/veteran-executive-shaygan-kheradpir-brings-deep-industry-experience-and-exp).
At Verizon, Kheradpir was Executive Vice President and Chief Information Officer. He was responsible for modernizing systems, maximizing efficiency at every level and driving innovation in a number of ambitious new product launches. One of the products he drove was FiOS, a bundled internet access, telephone and television product that required an investment of $20 billion and serves five million people.
Kheradpir moved on from Verizon to Barclays Bank as Chief Operations and Technology Officer. He played a key role in the company’s TRANSFORM initiative, a major modernizing overhaul of the Bank’s operations affecting one hundred and fifty thousand employees.
Before he joined Coriant, Kheradpir was an Operating Partner at Marlin Equity Partners, where he leveraged his expertise on investments in the telecommunications and technology industries.
Kheradpir’s tenure at Coriant begins at an important time for the company. Given the rapid increases in demand for data intensive end user applications, larger and more flexible data centers and cloud service infrastructure, the company sees many promising opportunities for growth. DiPietro commented that Kheradpir’s “strategic insight and guidance on focused operational execution have been invaluable since we began working together earlier this year, and we are confident in his ability to drive Coriant to the next level of growth.”