Optical transport designer, manufacturer and seller firm Coriant has just appointed Shaygan Kheradpir as its new chief executive officer. Shaygan Kheradpir will take over the role of CEO at Coriant from Pat DiPietro. Mr. DiPietro served as the interim CEO at Coriant while the firm was looking for a permanent and experienced CEO to run the company. Pat DiPietro will now return to his previous position at Coriant as vice chairman of the board, and an operating partner at Marlin Equity Partners which fused together several optical design companies to create Coriant.
If the news of Kherapdir’s appointment comes as a surprise, you need to take a closer look. Marlin Equity Partners has been courting Shaygan Kheradpir for over a year now when they took him in as an operating executive at Marlin Equity Partners. Marlin owns and manages Coriant. The optical technology company released an official statement saying they are very confident that Shaygan Kheradpir is the man to fill the role of chief executive officer at Coriant after a lengthy search that lasted for over a year.
Former interim CEO Pat DiPietro says that he believes Shaygan Kheradpir has the experience, drive and technical expertise needed to lead Coriant and take them to the next level. There is no doubt that Marlin Equity Partners, the management company of Coriant and the former CEO have issued a strong vote of confidence for Kheradpir. Now it is up to him to prove that he can deliver and perform at Coriant.
Let’s take a look at some of Shaygan Kheradpir’s previous posts and achievements, so you can judge whether he is fit to lead Coriant yourself. Kheradpir has over 28 years of executive experience under his belt. He has previously worked in high level positions in firms such as General Telephone and Electric, Barclays Bank and Verizon Communications. Notable posts he has held include being the chief information and technical officer at Verizon and the chief operations and technology officer at Barclay’s Bank of England.
Mr. Kheradpir’s greatest achievements is helping to create one of the telecommunications’s industry’s first completely fiber optic networks at Verizon. Mr. Kheradpir was also instrumental in growing Verizon from a regional telephone company to their expansion nationally and later globally. At Baryclay’s Bank of England Shaygan Kheradpir helped reduce operating costs through automation and technology upgrades saving the bank an estimated 4 billion dollars in the process.