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{{Short description|American businessman (born 1960)}}
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{{Infobox person {{Infobox person
|name = Shaygan Kheradpir |name = Shaygan Kheradpir
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|image_size = 300px |image_size = 300px
|caption = |caption =
| citizenship=]
|birth_date = 1961
|birth_date ={{Birth date and age|1960|12|19}}
|birth_place =
|birth_place = ], United Kingdom
|education = Ph.D
|education = ] in ]
|alma_mater = ] |alma_mater = ]
|occupation = Business and technology executive |occupation = Business and technology executive
⚫ |website={{URL|shaygankheradpir.com}}
|boards = ] (NIST)
⚫ |website=http://www.shaygankheradpir.com/
}} }}


'''Shaygan Kheradpir''' is a business and technology executive. He holds a bachelors, masters and doctorate degree in electrical engineering from ]. '''Shaygan Kheradpir''' ({{langx|fa|شایگان خردپیر}}; born December 19, 1960) is an American businessman and technology executive. Kheradpir holds a bachelor's, master's and doctoral degree in ] from ]. He held senior executive positions at ], ], ], and ], where he led various product development, operational and innovation initiatives, and was chairman and CEO of ].

Kheradpir started his career at ], which was acquired by Verizon in 2000. Kheradpir served as the CIO/CTO at ] for eleven years. He led a team of 7,000 that supported IT systems and developed new products, such as Verizon One and ]. Kheradpir also reduced the company's technology spending about 30 percent by negotiating with vendors, outsourcing to India, and improving utilization of IT assets. Kheradpir was at ] from 2011 to 2013, before holding the position of Chief Executive Officer at ] from January to November 2014.


==Early life and education== ==Early life and education==
Shaygan Kheradpir was born in London (1961) and grew up in Iran.<ref name="four"/> His father was an ear, throat and nose doctor.<ref name="five">{{cite news|first=Marguerit|last=Reardon|url=http://news.cnet.com/8301-30686_3-20014610-266.html|title=Cisco, Verizon push for 3D video and more|publisher=CNET News|date=August 25, 2010|accessdate=October 31, 2014}}</ref> Kheradpir moved to the United States,<ref name="four"/> then earned a bachelors, masters and doctorate degree in electrical engineering from ].<ref name="four"/><ref name="two"/> Shaygan Kheradpir was born in London and grew up in ]<ref name="GGGG2">{{cite news|url=https://www.wsj.com/articles/SB104734429933462600|title=For Clues to Why the Tech Sector is Still Down, See Mr. Kheradpir|last=Bulkeley|first=William|date=March 19, 2003|newspaper=The Wall Street Journal|access-date=October 31, 2014}}</ref> where his father was one of the pioneers of ] in the country.<ref name="LLLL2">{{cite news|url=http://alumni.tums.ac.ir/en/ndt/6584/Memorial-ceremony-of-late-professor-mohammad-hasan-kheradpir-was-held|title=Memorial ceremony of late professor mohammad hasan kheradpir was held|last=Reardon|first=Marguerit|date=August 25, 2010|access-date=October 31, 2014|publisher=CNET News}}</ref> After attending ] for high school, Kheradpir moved to the United States,<ref name="GGGG2" /> earning a bachelor's, master's and doctoral degree in electrical engineering from ]<ref name="GGGG2" /> where he developed one of the early control algorithms for obstacle avoidance of autonomous robots.<ref>{{Cite journal|title=Robust real time control of robot manipulators in the presence of obstacles - IEEE Conference Publication|language=en-US|doi=10.1109/ROBOT.1987.1087974|s2cid=11750844}}</ref>


==Career== ==Career==

In 2007, Kheradpir was named to CIO Magazine’s Hall of Fame<ref>C. G. Lynch, et al, , ''CIO Magazine'', September 2007</ref> for early adoption of consumer IT both within the enterprise and for the external market. In 2010, he was appointed to the board of the United States ] (NIST), known as the Visiting Committee on Advanced Technology.<ref></ref> Kheradpir is a member of the ] Engineering Council.<ref></ref>


===Early work=== ===Early work===
Kheradpir's first job was at ] Laboratories in 1987.<ref name="Kheradpir 20152">{{cite web|url=http://www.ece.cornell.edu/people/advisory.cfm?s_id=112&page=2|title=Advisory Council - School of Electrical and Computer Engineering|last=Kheradpir|first=Shaygan|date=October 20, 2015|website=Cornell Engineering|access-date=October 20, 2015}}</ref> There he worked on network routing, management, and control and patented a real-time algorithm.<ref>{{Cite web|url=https://patents.justia.com/patent/4979118|title=US Patent for Predictive access-control and routing system for integrated services telecommunication networks Patent (Patent # 4,979,118 issued December 18, 1990) - Justia Patents Search|website=patents.justia.com|language=en|access-date=2018-08-15}}</ref> He eventually became ] at GTE Corporation, "earning respect for delivering new products on schedule," according to ''].''<ref name="GGGG2"/>
Shaygan Kheradpir's first job out of college was at GTE Corporation, where he became the Chief Information Officer (CIO). According to ''The Wall Street Journal'' he " respect for delivering new products on schedule."<ref name="four"/> ] acquired GTE in 2000.<ref name="four"/> Kheradpir served as the president of Verizon's e-business division,<ref name="nine">{{cite news|title=Entrepreneurial IT|first=David|last=Margulius|newspaper=InfoWorld|date=December 4, 2006}}</ref> before becoming the company's first CIO/CTO.<ref name="two"/><ref name="three"/>


===Verizon=== ===Verizon===
In 2000, GTE merged with ] to form ]. Kheradpir initially served as the president of Verizon's e-business division,<ref name="NNNN">{{cite news|first=David|last=Margulius|title=Entrepreneurial IT|url= https://books.google.com/books?id=rTYEAAAAMBAJ&pg=PA24|newspaper=InfoWorld|date=December 4, 2006|access-date=March 29, 2015}}</ref> before becoming the company's first CIO/CTO.<ref name="MMMM">{{cite news|url=https://blogs.wsj.com/cio/2014/09/02/juniper-ceo-from-cio-to-ceo-in-three-steps|title=Juniper CEO: From CIO to CEO in Three Steps|last=Boulton|first=Clint|date=September 2, 2014|newspaper=The Wall Street Journal|access-date=October 31, 2014}}</ref><ref name="OOOO">{{cite news|first=Sam|last=Trendall|title=Juniper Banks on Barclays Man Kheradpir for CEO Role|url=http://channelweb.co.uk/crn-uk/news/2306828/juniper-banks-on-barclays-man-kheradpir-for-ceo-role|newspaper=CRN Channel Web|date=November 13, 2013|access-date=March 29, 2015}}</ref> At Verizon, Kheradpir contributed to the company's diversification into a broader range of telecommunications products & services, as well as the automation of operations.<ref name="OOOO"/>
Shaygan Kheradpir contributed to Verizon's diversification into a broader range of telecommunications services.<ref name="three"/> He controlled a budget of approximately $1.5 billion and led new product development from the IT department<ref>{{cite news|title=Reality Check|first=Elana|last=Varon|newspaper=CIO Magazine|date=April 1, 2005|url=http://www.cio.com/article/2437568/leadership-management/reality-check.html|accessdate=October 30, 2014}}</ref> in collaboration with ].<ref name="nine"/> In 2001 he formed small teams that were each responsible for coming up with and developing new product ideas.<ref name="nine"/> Kheradpir implemented a 30-day prototype cycle to rapidly test and modify new technologies in development. His team of approximately 7,000 staff often worked late hours, but getting a job at Verizon was still in high demand, due to the department's rapid pace of new product development.<ref name="seven"/>


In 2001, Kheradpir formed small teams that were each responsible for coming up with and developing new products.<ref name="NNNN"/> Kheradpir implemented a 30-day prototype cycle to rapidly test and modify new technologies in development. His team of approximately 10,000 staff often worked late hours, but positions at Verizon were in high demand, because of the department's rapid pace.<ref name="PPPP">{{cite news| first=Alice|last=Dragoon|url=https://books.google.com/books?id=IQkAAAAAMBAJ&pg=PA52|access-date=March 29, 2015|title=Sleepless in Manhattan|newspaper=CIO Magazine|date=April 1, 2005}}</ref> According to ''InfoWorld'', he led technology development for strategic initiatives such as FiOS (United States' largest fiber to the premises initiative at the time), process and systems transformation, and many new customer-facing products."<ref name="NNNN"/> In 2003 his team created iobi, which manages address books, caller ID and other features across devices over the internet.<ref name="GGGG2"/><ref name="IIII">{{cite news|title=Entrepreneurial IT|first=David|last=Margulius|newspaper=InfoWorld|date=December 4, 2006}}</ref> The Verizon One, a combination phone, router, modem and smart portable device, was developed from his department the following year.<ref name="IIII"/> In 2010 they unveiled live TV on the first generation iPad streamed via FiOS TV as a cloud service.<ref>{{Cite news|url=https://www.gettyimages.fi/event/verizon-communications-showcases-fios-internet-technolog-95723973#shaygan-kheradpir-executive-vice-president-and-chief-information-of-picture-id103434501|title=Verizon Communications Showcases FiOS Internet Technolog|work=Getty Images|access-date=2018-08-15|language=en-US}}</ref><ref>{{Cite news|url=https://venturebeat.com/2010/08/18/verizon-to-bring-live-tv-to-the-ipad-video-on-demand-to-pcs-and-mobile-devices/|title=Verizon to bring live TV to iPad, video-on-demand to PCs and mobile devices|date=2010-08-18|work=VentureBeat|access-date=2018-08-15|language=en-US}}</ref> In the process he generated a number of product patents for internet-based multi-media communication services.<ref>{{Cite web|url=https://patents.justia.com/patent/8817684|title=US Patent for Adaptive mobile multicasting for wireless networks Patent (Patent # 8,817,684 issued August 26, 2014) - Justia Patents Search|website=patents.justia.com|language=en|access-date=2018-08-15}}</ref><ref>{{Cite web|url=https://patents.justia.com/patent/8375208|title=US Patent for Method and apparatus for providing content aggregation in support of virtual channels Patent (Patent # 8,375,208 issued February 12, 2013) - Justia Patents Search|website=patents.justia.com|language=en|access-date=2018-08-15}}</ref><ref>{{Cite web|url=https://patents.justia.com/patent/20120155358|title=US Patent Application for ADAPTIVE MOBILE MULTICASTING FOR WIRELESS NETWORKS Patent Application (Application #20120155358 issued June 21, 2012) - Justia Patents Search|website=patents.justia.com|language=en|access-date=2018-08-15}}</ref><ref>{{Cite web|url=https://patents.justia.com/patent/20120106728|title=US Patent Application for METHODS AND SYSTEMS FOR INTEGRATING COMMUNICATIONS SERVICES Patent Application (Application #20120106728 issued May 3, 2012) - Justia Patents Search|website=patents.justia.com|language=en|access-date=2018-08-15}}</ref><ref>{{Cite web|url=https://patents.justia.com/patent/20110289317|title=US Patent Application for METHOD AND APPARATUS FOR PROVIDING CONTENT AGGREGATION IN SUPPORT OF VIRTUAL CHANNELS Patent Application (Application #20110289317 issued November 24, 2011) - Justia Patents Search|website=patents.justia.com|language=en|access-date=2018-08-15}}</ref><ref>{{Cite web|url=https://patents.justia.com/patent/7903796|title=US Patent for Method and apparatus for unified communication management via instant messaging Patent (Patent # 7,903,796 issued March 8, 2011) - Justia Patents Search|website=patents.justia.com|language=en|access-date=2018-08-15}}</ref><ref>{{Cite web|url=https://patents.justia.com/patent/7158623|title=US Patent for Method and apparatus for dial stream analysis Patent (Patent # 7,158,623 issued January 2, 2007) - Justia Patents Search|website=patents.justia.com|language=en|access-date=2018-08-15}}</ref><ref>{{Cite web|url=https://patents.justia.com/patent/20060276179|title=US Patent Application for Methods and systems for integrating communications services Patent Application (Application #20060276179 issued December 7, 2006) - Justia Patents Search|website=patents.justia.com|language=en|access-date=2018-08-15}}</ref> His division also reengineered many of Verizon's core network system, including call center, website, automated customer service systems,<ref name="PPPP"/> and integrated formerly separate systems from predecessor companies GTE, Bell Atlantic and NYNEX.<ref name="QQQQ">{{cite news|last=Koch|first=Christopher|title=A New Blueprint for the Enterprise|url=http://www.cio.com/article/2438281/it-organization/a-new-blueprint-for-the-enterprise.html?page=4|newspaper=CIO Magazine|date=March 1, 2005|access-date=October 30, 2014}}</ref>
In 2003 his team created ], which manages address books, caller ID and other features across devices.<ref name="nine"/><ref name="seven">{{cite book|title=CIO|url=http://books.google.com/books?id=IQkAAAAAMBAJ&pg=PA52|page=52|title=Sleepless In Manhattan; The pressure to develop new products and services for Verizon never lets up. And neither does its CIO|newspaper=CIO Magazine|last=Dragoon|first=Alice|date=April 1, 2005}}</ref> The Verizon One, a combination phone, router, modem and portable device, was developed from his department the following year.<ref name="nine"/> Kheradpir's group also supported expansion of ] service, which extends fiber optic cabling to individual homes.<ref name="nine"/><ref>{{cite news|title=Dialing Into Verizon's Development|first=Alex|last=Handy|newspaper=Software Development Times|date=November 15, 2006}}</ref> Kheradpir's division supported Verizon's call center, website, automated customer service system,<ref name="seven"/> as well as integration efforts between separate customer record systems from GTE, Bell Atlantic and Nynex.<ref>{{cite news|title=Enterprise architecture is not just about mapping and standardizing hardware and software anymore. Now it's about services, events and- get this-good old ROI|last=Koch|first=Christopher|date=March 1, 2005|url=http://www.cio.com/article/2438281/it-organization/a-new-blueprint-for-the-enterprise.html|accessdate=October 30, 2014}}</ref>


During Kheradpir's tenure at Verizon, the company reduced its information technology budget from six percent of revenue (the industry average) to four percent.<ref name="four"/> From 2000 to 2003, he reduced IT staff by 20 percent and reduced purchasing from technology vendors by 30 percent.<ref name="four">{{cite news|first=William|last=Bulkeley|url=http://online.wsj.com/article/0,,SB104734429933462600,00.html|title=For Clues to Why the Tech Sector Is Still Down, See Mr. Kheradpir|newspaper=The Wall Street Journal|date=March 19, 2003|accessdate=October 31, 2014}}</ref> He negotiated aggressively with vendors to reduce prices and lobbied Verizon to eliminate its policy against purchasing IT equipment being auctioned on ] by failed dot-com businesses.<ref name="four"/><ref>{{cite news|title=As market power shifts to users, companies need to change the way they buy and manage IT to reap savings, says Nicholas Carr|last=Carr|first=Nicholas|newspaper=Financial Times|date=August 16, 2004}}</ref> Many contract programming positions were out-sourced to lower-cost labor in India. Additionally, new software was installed that improved Verizon's utilization of IT hardware.<ref name="four"/> During Kheradpir's tenure at Verizon, the company reduced its information technology budget from six percent of revenue (the industry average) to four percent.<ref name="GGGG2"/> From 2000 to 2003, he reduced IT staff by 20 percent and reduced purchasing from technology vendors by 30 percent.<ref name="GGGG2"/> He negotiated aggressively with vendors to reduce prices and lobbied Verizon to eliminate its policy against purchasing IT equipment being auctioned on ] by failed dot-com businesses.<ref name="RRRR">{{cite news|title=As Market Power Shifts to Users, Companies Need to Change the Way They Buy and Manage IT to Reap Savings, Says Nicholas Carr|last=Carr|first=Nicholas|newspaper=Financial Times|date=August 16, 2004}}</ref> He globalized many contract programming positions through creation of Verizon's own software development group in India called VDSI which grew to a multi-thousand force.<ref>{{Cite web|url=https://www.verizon.com/about/careers/locations/chennai-in|title=Chennai, IN|website=www.verizon.com|language=en|access-date=2018-08-15}}</ref> Additionally, new software was installed that improved Verizon's utilization of IT hardware.<ref name="GGGG2"/>


===Barclays=== ===Barclays===
In January 2011, Kheradpir joined ] as the Chief Operating Officer of the Global Retail & Business Bank,<ref name="SSSS2">{{cite news|url=https://www.bloomberg.com/news/2013-03-07/barclays-names-kheradpir-operating-chief-amid-jenkins-revamp.html|title=Barclays Names Kheradpir Operating Chief Amid Jenkins Revamp|last=Mustoe|first=Howard|date=March 7, 2013|newspaper=Bloomberg|access-date=October 31, 2014}}</ref> where he oversaw technology innovations such as Pingit mobile payments platform and app with associated patent,<ref>{{Cite web|url=https://patents.justia.com/patent/20150112862|title=US Patent Application for PEER-TO-PEER PAYMENT REGISTRATION AND ACTIVATION Patent Application (Application #20150112862 issued April 23, 2015) - Justia Patents Search|website=patents.justia.com|language=en|access-date=2018-08-15}}</ref> the use of iPads to improve customer service in bank branches, introduction of state-of-the-art unified systems and "big data" at the bank and overall digitization of the bank.<ref>{{Cite web|url=https://www.theguardian.com/technology/2012/nov/26/barclays-ipad-order-bank-use|title=Barclays iPad order could open door to wider bank use|last=Arthur|first=Charles|date=2012-11-26|website=the Guardian|language=en|access-date=2018-08-15}}</ref> In March 2013, Kheradpir was promoted to Chief Operations and Technology Officer of the Barclays Group,<ref name="SSSS2" /> leading the bank operations, technology functions, and the strategic transformation initiatives across retail, corporate, card and investment banking sectors. It was the first time a technology executive sat on the executive team at Barclays.<ref>{{cite news|url=http://www.information-age.com/it-management/skills-training-and-leadership/123456876/barclays-appoints-new-cto-to-help-drive-strategic-transformation|title=Barclays Appoints New CTO to Help Drive Strategic Transformation|last=Swabey|first=Pete|date=March 8, 2013|newspaper=Information Age|access-date=March 29, 2015}}</ref> Under his leadership Digitally Active customers for retail business grew by 19%, mobile banking customers by 56%, payments by 21% and digital unsecured lending doubled from 2013 to 2014.<ref>{{Cite web|url=https://www.home.barclays/content/dam/barclayspublic/docs/InvestorRelations/ResultAnnouncements/2015FYResults/20160301_FY15_Results_Presentation.pdf|title=Barclays PLC 2015 Financial Results}}</ref> According to Financial Times, his departure from Barclays was viewed as "a blow to the bank and undermining the turnaround efforts vital to adopting to a tougher banking environment characterized by tougher regulation and challenging business environment".<ref>{{Cite web |last=Jenkins |first=Patrick |date=2013-11-13 |title=Exits deal blow to Barclays turnround |url=https://www.ft.com/content/780f0d4a-4c72-11e3-923d-00144feabdc0 |url-access=subscription |access-date=2018-08-15 |website=Financial Times |language=en-GB}}</ref>
Kheradpir began working for ] in January 2011 as the chief operations and technology officer for Barclays Global Retail & Business Banking reporting to Anthony Jenkins, then CEO of that division.<ref name="one"/> Kheradpir focused its IT efforts on industrialization and customer service.<ref name="three">{{cite web| url = http://www.channelweb.co.uk/crn-uk/news/2306828/juniper-banks-on-barclays-man-kheradpir-for-ceo-role|title= Juniper banks on Barclays man Kheradpir for CEO role|author=Sam Trendall|publisher= CRN ChannelWeb |date =November 13, 2013}}</ref> He was appointed to the position of global chief operations and chief technology officer for all of Barclays in March 2013 shortly after Anthony Jenkins took the overall helm of Barclays.<ref name="one">{{cite news|first=Howard|last=Mustoe|url=http://www.bloomberg.com/news/2013-03-07/barclays-names-kheradpir-operating-chief-amid-jenkins-revamp.html|title=Barclays Names Kheradpir Operating Chief Amid Jenkins Revamp|publisher=Bloomberg|date=March 7, 2013|accessdate=October 31, 2014}}</ref>


===Juniper Networks=== ===Juniper Networks===
Kheradpir became CEO of ] in January 2014.<ref name="MMMM2">{{cite news|url=https://www.reuters.com/article/us-juniper-ceo/juniper-appoints-barclays-executive-shaygan-kheradpir-ceo-idUSBRE9AC14Z20131113|title=Juniper appoints Barclays executive Shaygan Kheradpir CEO|last1=Alawadhi|first1=Neha|date=November 14, 2013|newspaper=Reuters|access-date=November 14, 2013|last2=Ramakrishnan|first2=Sruthi}}</ref> He developed and executed<ref name="Duffy 20142">{{cite web|url=https://www.networkworld.com/article/932552/juniper-ousts-ceo-kheradpir.html|title=Juniper Ousts CEO Kheradpir over "Leadership and Conduct"|last=Duffy|first=Jim|date=November 10, 2014|website=Network World|access-date=October 20, 2015}}</ref> a restructuring and cost-cutting plan that Juniper called its Integrated Operating Plan (IOP), in response to pressure from activist investors at ]. The plan included consolidation of product and R&D groups, putting a major emphasis on the market segments of Web 2.0, Cloud-Builder & High-IQ Networks, $160 million in structural cost cuts and returning $3 billion to shareholders over three years by buying shares and increasing dividends.<ref name="eWeek.com 20142">{{cite web|url=http://www.eweek.com/networking/juniper-rolls-out-new-operating-plan-3-billion-buy-back-plan.html|title=Juniper Rolls Out New Operating Plan, $3 Billion Buy Back Plan|last=Burt|first=Jeffrey|date=February 20, 2014|website=eWeek.com|access-date=October 20, 2015}}</ref> According to ''Network World'', Elliot Management was pleased with the plan.<ref name="Duffy Feb2">{{cite web|url=https://www.networkworld.com/article/688812/lan-wan-juniper-unveils-new-operating-plan-to-accelerate-growth.html|title=Juniper Unveils New Operating Plan to Accelerate Growth|last=Duffy|first=Jim|date=February 20, 2014|website=Network World|access-date=October 20, 2015}}</ref> In its 2014 annual report, Juniper heralded "2014 was a year of significant change for Juniper. We made major strides, having implemented a series of initiatives designed to streamline our organization, reduce our cost structure, improve our balance sheet, return capital to our shareholders and drive long-term profitable growth in a challenging revenue environment. In many areas we exceeded our commitments by working in a more efficient manner with greater accountability”.<ref>{{Cite web|url=https://www.nasdaq.com/aspx/call-transcript.aspx?StoryId=2856036&Title=juniper-s-jnpr-ceo-rami-rahim-on-q4-2014-results-earnings-call-transcript|title=Juniper's (JNPR) CEO Rami Rahim on Q4 2014 Results - Earnings Call Transcript|website=www.nasdaq.com|language=en-us|access-date=2018-08-15}}</ref> Kheradpir resigned from Juniper in November 2014 due to a disagreement with the board during a customer negotiation.<ref>{{Cite web|url=https://investor.juniper.net/investor-relations/press-releases/press-release-details/2014/Juniper-Networks-Appoints-Rami-Rahim-Chief-Executive-Officer/default.aspx|title=Juniper Networks Appoints Rami Rahim Chief Executive Officer|website=investor.juniper.net|language=en-CA|access-date=2018-08-23}}</ref>
Shaygan Kheradpir's appointment to the CEO position at Juniper Networks was announced in November 2013.<ref>{{cite news|title=Juniper taps new CEO with CIO roots|first=Jim|last=Duffy|date=November 13, 2013|newspaper=Network World|url=http://www.networkworld.com/article/2171794/lan-wan/juniper-taps-new-ceo-with-cio-roots.html|accessdate=October 30, 2014}}</ref> He officially moved into the position the following January.<ref name="two">{{cite news|date=September 2, 2014|title=Juniper CEO: From CIO to CEO in Three Steps|first=Clint|last=Boulton|newspaper=The Wall Street Journal|url=http://blogs.wsj.com/cio/2014/09/02/juniper-ceo-from-cio-to-ceo-in-three-steps/|accessdate=October 31, 2014}}</ref> Kheradpir began implementing a restructuring plan, which was aligned with the recommendations provided by activist investors, to reduce expenses, buyback stocks and increase dividends.<ref>{{cite news|title=Juniper Spin-Off Pulse Secure Eyes Mobile Management|first=Jeffrey|last=Burt|date=October 3, 2014|accessdate=October 30, 2014|url=http://www.eweek.com/mobile/juniper-spin-off-pulse-secure-eyes-mobile-management.html#sthash.aiF46S1d.dpuf|newspaper=eWeek}}</ref><ref>{{cite news|title=Juniper Slides After Preliminary Results Miss Forecast|date=October 10, 2014 |first=Ben|last=Livesey|url=http://www.bloomberg.com/news/2014-10-09/juniper-slides-after-preliminary-results-miss-forecast.html|publisher=Bloomberg|accessdate=October 30, 2014 }}</ref> In November 2014, Kheradpir unexpectedly resigned following a review by Juniper's board of directors regarding his conduct in a negotiation with an unnamed Juniper customer.<ref>{{cite news|first=Alex|last=Konrad|newspaper=Forbes|date=November 10, 2014|url=http://www.forbes.com/sites/alexkonrad/2014/11/10/mysterious-customer-negotiation-leads-to-sudden-ouster-of-juniper-networks-ceo/|title=Mysterious Customer Negotiation Leads To Sudden Ouster Of Juniper Networks CEO|accessdate=November 11, 2014}}</ref>

===Coriant===
In September 2015, Kheradpir was announced as the Chairman & CEO of Coriant. During his tenure at Coriant he revamped the company and its product portfolio for the new age of Telecom.<ref>{{cite web|url=http://www.tmcnet.com/voip/features/articles/436007-what-the-new-age-telecom.htm|title=What is the new age of Telecom?}}></ref> Coriant's new product portfolio focused on open architectures fit for 5G, super high speed clouds with disruptive cost-per-bit  economics via hyperscale packet-optical and routing architectures.<ref>{{Cite web|url=https://www.lightwaveonline.com/articles/2017/02/coriant-offers-hyperscale-carrier-architecture-vision.html|title=Coriant offers Hyperscale Carrier Architecture vision|website=www.lightwaveonline.com|date=27 February 2017 |access-date=2018-08-15}}</ref> In May 2018 Coriant announced in a public statement that Kheradpir was stepping down to pursue other opportunities and re-appointed Pat DiPietro as CEO. Just two months later in July 2018 Infinera announced it was buying Coriant for $430M. Kheradpir publicly thanked Coriant employees for being a “much needed disruptive force in the networking industry”.<ref>{{Cite news|url=https://www.linkedin.com/feed/update/urn:li:activity:6427268950400258048|title=Shaygan Kheradpir on LinkedIn: "Thank you to Coriant employees for your partnership in creating a much needed disruptive force in the networking…|access-date=2018-08-15|language=en}}</ref>

==Other activities==
From 2010 to 2013, Kheradpir served on a board of the United States ] (NIST), known as the Visiting Committee on Advanced Technology.<ref>{{citation|url=https://www.nist.gov/director/vcat/vcatmembership_since1988.cfm|title=NIST Visiting Committee on Advanced Technology (VCAT)|date=2 June 2009 |publisher=National Institute of Standards and Technology|access-date=March 29, 2015}}</ref> From 2007 to 2010, Kheradpir served on the advisory board of the ].<ref>{{citation|url=http://b.3cdn.net/ymcanewyork/bd596df8c21e8e3f1a_5ym6b4jj8.pdf |title=YMCA of Greater New York Annual Report, 2007|publisher=YMCA|access-date=March 29, 2015}}</ref> Kheradpir is a member of the ] Engineering Council<ref>{{cite news|url=http://www.ece.cornell.edu/people/advisory.cfm?s_id=112&page=1 |title=Cornell University School of Electrical and Computer Engineering, Advisory Council|access-date=March 29, 2015|publisher=Cornell University}}</ref> and on the board of MTN Group, a telecom service provider with 230 million subscribers globally.<ref>{{Cite web|url=https://www.mtn.com/en/mtn-group/about-us/governance/Pages/Board-of-Directors.aspx|title=MTN Board of Directors}}</ref> He was inducted into CIO Hall of fame in 2007.<ref>{{Cite news|url=https://www.cio.com/article/3151468/cio100/cio-hall-of-fame-honorees.html|title=CIO Hall of Fame honorees|last=staff|first=CIO.com|work=CIO|access-date=2018-08-15|language=en|archive-date=2018-08-15|archive-url=https://web.archive.org/web/20180815131404/https://www.cio.com/article/3151468/cio100/cio-hall-of-fame-honorees.html|url-status=dead}}</ref>


==References== ==References==
{{reflist|2}} {{Reflist|30em}}


==External links== ==External links==
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* {{cite news|title=Interview: Barclays banks on innovation|first=Stuart|last=Sumner|date=April 3, 2012|url=http://www.computing.co.uk/ctg/interview/2165737/interview-barclays-banks-innovation/page/2|newspaper=Computing Magazine}}

==Further reading==
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Latest revision as of 17:37, 6 November 2024

This article contains promotional content. Please help improve it by removing promotional language and inappropriate external links, and by adding encyclopedic text written from a neutral point of view. (August 2024) (Learn how and when to remove this message)
American businessman (born 1960)

Shaygan Kheradpir
Born (1960-12-19) December 19, 1960 (age 64)
London, United Kingdom
CitizenshipUnited States
EducationPhD in electrical engineering
Alma materCornell University
Occupation(s)Business and technology executive
Websiteshaygankheradpir.com

Shaygan Kheradpir (Persian: شایگان خردپیر; born December 19, 1960) is an American businessman and technology executive. Kheradpir holds a bachelor's, master's and doctoral degree in electrical engineering from Cornell University. He held senior executive positions at GTE, Verizon, Barclays, and Juniper Networks, where he led various product development, operational and innovation initiatives, and was chairman and CEO of Coriant.

Early life and education

Shaygan Kheradpir was born in London and grew up in Iran where his father was one of the pioneers of Otolaryngology in the country. After attending Aiglon College for high school, Kheradpir moved to the United States, earning a bachelor's, master's and doctoral degree in electrical engineering from Cornell University where he developed one of the early control algorithms for obstacle avoidance of autonomous robots.

Career

Early work

Kheradpir's first job was at GTE Laboratories in 1987. There he worked on network routing, management, and control and patented a real-time algorithm. He eventually became chief information officer at GTE Corporation, "earning respect for delivering new products on schedule," according to The Wall Street Journal.

Verizon

In 2000, GTE merged with Bell Atlantic to form Verizon Communications. Kheradpir initially served as the president of Verizon's e-business division, before becoming the company's first CIO/CTO. At Verizon, Kheradpir contributed to the company's diversification into a broader range of telecommunications products & services, as well as the automation of operations.

In 2001, Kheradpir formed small teams that were each responsible for coming up with and developing new products. Kheradpir implemented a 30-day prototype cycle to rapidly test and modify new technologies in development. His team of approximately 10,000 staff often worked late hours, but positions at Verizon were in high demand, because of the department's rapid pace. According to InfoWorld, he led technology development for strategic initiatives such as FiOS (United States' largest fiber to the premises initiative at the time), process and systems transformation, and many new customer-facing products." In 2003 his team created iobi, which manages address books, caller ID and other features across devices over the internet. The Verizon One, a combination phone, router, modem and smart portable device, was developed from his department the following year. In 2010 they unveiled live TV on the first generation iPad streamed via FiOS TV as a cloud service. In the process he generated a number of product patents for internet-based multi-media communication services. His division also reengineered many of Verizon's core network system, including call center, website, automated customer service systems, and integrated formerly separate systems from predecessor companies GTE, Bell Atlantic and NYNEX.

During Kheradpir's tenure at Verizon, the company reduced its information technology budget from six percent of revenue (the industry average) to four percent. From 2000 to 2003, he reduced IT staff by 20 percent and reduced purchasing from technology vendors by 30 percent. He negotiated aggressively with vendors to reduce prices and lobbied Verizon to eliminate its policy against purchasing IT equipment being auctioned on eBay by failed dot-com businesses. He globalized many contract programming positions through creation of Verizon's own software development group in India called VDSI which grew to a multi-thousand force. Additionally, new software was installed that improved Verizon's utilization of IT hardware.

Barclays

In January 2011, Kheradpir joined Barclays as the Chief Operating Officer of the Global Retail & Business Bank, where he oversaw technology innovations such as Pingit mobile payments platform and app with associated patent, the use of iPads to improve customer service in bank branches, introduction of state-of-the-art unified systems and "big data" at the bank and overall digitization of the bank. In March 2013, Kheradpir was promoted to Chief Operations and Technology Officer of the Barclays Group, leading the bank operations, technology functions, and the strategic transformation initiatives across retail, corporate, card and investment banking sectors. It was the first time a technology executive sat on the executive team at Barclays. Under his leadership Digitally Active customers for retail business grew by 19%, mobile banking customers by 56%, payments by 21% and digital unsecured lending doubled from 2013 to 2014. According to Financial Times, his departure from Barclays was viewed as "a blow to the bank and undermining the turnaround efforts vital to adopting to a tougher banking environment characterized by tougher regulation and challenging business environment".

Juniper Networks

Kheradpir became CEO of Juniper Networks in January 2014. He developed and executed a restructuring and cost-cutting plan that Juniper called its Integrated Operating Plan (IOP), in response to pressure from activist investors at Elliot Management. The plan included consolidation of product and R&D groups, putting a major emphasis on the market segments of Web 2.0, Cloud-Builder & High-IQ Networks, $160 million in structural cost cuts and returning $3 billion to shareholders over three years by buying shares and increasing dividends. According to Network World, Elliot Management was pleased with the plan. In its 2014 annual report, Juniper heralded "2014 was a year of significant change for Juniper. We made major strides, having implemented a series of initiatives designed to streamline our organization, reduce our cost structure, improve our balance sheet, return capital to our shareholders and drive long-term profitable growth in a challenging revenue environment. In many areas we exceeded our commitments by working in a more efficient manner with greater accountability”. Kheradpir resigned from Juniper in November 2014 due to a disagreement with the board during a customer negotiation.

Coriant

In September 2015, Kheradpir was announced as the Chairman & CEO of Coriant. During his tenure at Coriant he revamped the company and its product portfolio for the new age of Telecom. Coriant's new product portfolio focused on open architectures fit for 5G, super high speed clouds with disruptive cost-per-bit  economics via hyperscale packet-optical and routing architectures. In May 2018 Coriant announced in a public statement that Kheradpir was stepping down to pursue other opportunities and re-appointed Pat DiPietro as CEO. Just two months later in July 2018 Infinera announced it was buying Coriant for $430M. Kheradpir publicly thanked Coriant employees for being a “much needed disruptive force in the networking industry”.

Other activities

From 2010 to 2013, Kheradpir served on a board of the United States National Institute of Standards and Technology (NIST), known as the Visiting Committee on Advanced Technology. From 2007 to 2010, Kheradpir served on the advisory board of the YMCA of Greater New York. Kheradpir is a member of the Cornell University Engineering Council and on the board of MTN Group, a telecom service provider with 230 million subscribers globally. He was inducted into CIO Hall of fame in 2007.

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