Pat DiPietro’s time has come for him to leave the helm at Coriant. Kheradpir is the immediate former chairman of Verizon. He is famous as being a Verizon veteran. The ascent has been in the making for some time. The present chairman had a seat in senior management for a while. He was being groomed when he was called to work Marlin Equity Partners. The company owns Cori ant.
With a 28-year-old career filled with remarkable accolades. He resigned from Juniper networks at the end of 2014. The board of directors reviewed his conduct. The matter under investigation was, how handled a customer. His stay in the company is probably the shortest in his career.
Before Juniper, he was an employee at Barclays. As a key executive in Verizon, he led the company to roll out its FiOS; FTTH project. The program attracted an investment of $20 billion. His biggest challenge as he steps into the helm is how he will grow the company’s revenues. The market already commands serious competition from Alcatel, Lucent, Ciena, Cisco and Infinera.
Coriant is an optical vendor. The company was formed when a group of companies; Nokia, Siemens, and Optical Networks came together. The numbers are not doing him any good. An IHS report pointed to a rough path for the new chairman. With the market full of the report, it becomes hard to determine which to believe. A separate report lauded Coriant for positioning itself to woo in the large customers.
Such winds of fortune blowing Coriant’s way are a sign of things to come. The company has nothing but to gain from a positive public image. This appears to be working. Investors are already seen lining up to give the company money for investment.
Deals from international companies such as Australia’s NBN a Chinese company called Unicom are enough proof Cori ants still commands a following. Like every CEO before him, his focus will be on sales. Sales are equal to income. The second thing he will be keen to do is to improve transport and infrastructure.
Shaygan Kheradpir is a recognized business and technology leader. His career spans 28 years of experience in finance and telecommunications. The business leader began his career at GTE Corporation. His hard work and dedication led him up the corporate ladder to Verizon and Coriant. He has also worked for Barclays and Juniper Inc.
Coriant is an optical transportation company. The company was led by Pat DiPietro. The former chairman was given the daunting task. He was to bring together all of the companies to form Coriant . These companies included the now defunct Nokia and Siemens.