Former Verizon CIO is Now The CEO Of Coriant

 

Being the CEO of a major optical transport company isn’t for the faint of heart or the inexperienced IT professional. The IT industry is moving faster than a speeding bullet, and Chief Executive Officers of the large IT companies must have the know-how and the background to keep the profits coming in an industry that is as cut-throat as any industry. Technologies like genetic engineering computers and the emerging field of nanotech are much different than the technologies that preceded them in an obvious way. The automobile, telephone, jet travel, and the television were in a rapid growth mode for a while, and they transformed society, but they eventually settled into a manageable rate of change. Each of those technologies was rewarded for basically staying the same rather than radically transforming itself.

But the IT industry doesn’t work that way, according to the new CEO of Coriant, Shaygan Kheradpir. Shaygan has an engineering Ph.D. from Cornell University, and he said the IT industry is self-accelerating. Shaygan explained that statement by saying the IT products of their own processes help them produce new products faster than ever. Shaygan said new computer chips are used to develop the next more powerful chips. The same thing happens in the biotech and nanotech processes. Those technologies seem to accelerate one another, according to Kheradpir.

Computers are producing better computers and when nanobots are perfected they will immediately start making new nanobots, according to Kheradpir. Kheradpir is a 28-year veteran of the IT industry. Shaygan started his career with GTE. He was influential in making GTE grow as fast as it did. When Bell Atlantic merged with GTE and Verizon Communications was formed, Shaygan was named CIO of the company. Kheradpir is credited with changing many of the internal systems when he was with Verizon, but one of his biggest accomplishments was reworking the IT systems at Barclays Bank. The Barclay IT system is still considered one of the best banking systems in the industry. Kheradpir has been spending most of his time and energy working with the Coriant executive team even though he was employed by Marlin Equity Partners. Marlin Equity Partners put the Coriant deal together when Nokia, Tellabs, and Sycamore Networks wanted to combine their efforts into one company.

Pat DiPietro was the Chief Executive Officer of Coriant, but DiPietro is moving to Marlin Equity Partners as the Chairman and Chief Executive Officer. DiPietro likes the way Shaygan thinks, and he believes Kheradpir is the person that can lead Coriant in the future, according to an article published by Lightreading.com. DiPietro said Shaygan has the knowledge and the experience to move Coriant forward in the very competitive world of Information Technology. DiPietro also said he will still be available to consult with Shaygan because of the relationship that Marlin Equity Partners has with the board at Coriant. Coriant has revenues that exceed $1 billion so it will be interesting to see what impact Shaygan has on the bottom line. The Board of Directors at Coriant think that impact will be a positive one.
Read more at http://www.lightreading.com/optical/packet-optical/kheradpirs-coriant-comeback/a/d-id/718548