Optical systems global giant, Coriant, recently named Shaygan Kheradpir as the new CEO of the company. Kheradpir will be taking over from former CEO and President Dan DiPietro. Kheradpir was one of Merlin Equity Partners’ board members before he accepted the position at Coriant.
Coriant is owned by Merlin Equity Partners. It was formed from the combination of three different networking companies namely Nokia Siemens (Germany), Tellabs (USA) and Sycamore Networks (USA). DiPietro was appointed in 2014 to help in the integration of Coriant with its new acquisition called Tellabs. As a neutral partner between the two companies, DiPietro was the perfect candidate for the job. The fact that Kheradpir was brought in to take over from DiPietro shows that Coriant has successfully completed the integration process and aims to move on to the next step.
As president and chairman of the Coriant board, Kheradpir will be instrumental in helping to stimulate growth in the company and oversee the development of new and innovative products. This will be vital if Coriant aims to become an industry leader and beat tough competition from Ciena, ZTE, Alcatel-Lucent, Infinera and Cisco.
Coriant has successfully won several deals with top key customers some of whom are international carriers. These include China Unicom, Telia Sonera International Carrier, NBN from Australia and BSNL. With these huge deals in place, Coriant is positive about its growth and development in the global scene.
The main task that faces Kheradpir as the new CEO is driving up new sales in order to meet target revenues. Current market requirements include hyperscale data centers, cloud infrastructure buildouts, mobile backhaul upgrades and multi terabit metro systems for service providers. The company is also preparing system upgrades in order to comfortably accommodate all 4G and 5G deployments.
Kheradpir is a telecom industry veteran with a 28-years working experience. He has acquired skills in his tenure in top executive and management positions in the telecom and financial industries. He started working at GTE in 1987. When GTE became Verizon, Kheradpir became its Chief Information Officer and VP. He was a key figure in the team that rolled out the FiOS program.
After Verizon, he joined Barclays and worked at the International banking institution from 2011 to 2013. He had a brief stint as the CEO of Juniper Networks before joining the board of Merlin Equity Partners. In September 2014, he was appointed as the new Boss of Coriant.