Coriant Chief Executive Officer, Shaygan Kheradpir, is a technology and business executive known for his contributions to various initiatives including the development of FiOS at Verizon.
Shaygan Kheradpir was born on December 1964 in London. His father was an otorhinolaryngologist. His family moved to Iran where he grew up. He attended high school in Switzerland at Aiglon College. He was accepted to Cornell University where he earned a Bachelor’s degree in electrical engineering with a focus on control systems. He went on to earn a Master’s and Doctoral degree in the same field. Currently, Kheradpir is a member of Cornell University’s Engineering Council.
He started out at GTE Laboratories soon after graduating. Here, he worked on the management and control of network within the company. He was promoted at GTE Corporation on facebook.com to become the Chief Information Officer. Reports by the Wall Street Journal say, he was well respected for “delivering new products on schedule”.
In 2000, GTE Corporation and Bell Atlantic merged to form Verizon Communications. Kheradpir was appointed President of the e-business division at VerIzion. Later, he was promoted to the company’s first Chief Technology/Information Officer. He is credited with the automation of Verizon’s operations as well as the diversification of Verizon into a wider range of telecommunication services. He, along with his staff of about 7,000 people, developed Verizon’s FiOs as well as iobi, a product that manages address book, caller ID, among other features in devices.
Among his achievements at Verizon, Kheradpir helped reduce the company’s budget for information technology. Between 2000 and 2003, he reduced purchases made from technology vendors by 30% and reduced the company’s IT staff by 20%. He fought against Verizon’s policy against purchasing IT equipment auctioned by businesses on eBay.
Kheradpir joined Barclays bank in January 2011 as COO of the Global Retail Bank in London. He made a significant contribution to the development of products such as Pingit, a software for mobile payments. For this reason, he was promoted to Chief Technology Officer, becoming the first technology executive to sit on Barclays’ executive team. Kheradpir has been the catalyst for the change in Barclays’ culture that proved necessary for the bank’s transformation along the lines of the industrialization of the 21st century and innovation of products that actually make a difference in people’s lives.
Between January and November 2014, Kheradpir worked as CEO of Juniper Networks, a company pioneering within the networking industry in Silicon Valley. He was able to launch an Integrated Operating Plan that was in line with recommendations he received from activist investors to help decrease expenses while increasing dividends. Early this year, Kheradpir joined the management team at Coriant and was appointed CEO on September 28th. He took over from Pat DiPietro, the current Vice Chairman at Coriant.
Kheradpir has had other achievements outside his workplace. He served on a number of boards such as the Advisory Board of the YMCA between 2007 and 2010, and the Visiting Committee on Advanced Technology, a board of the U.S National Institute of Standards and Technology.