Shaygan Kheradpir
- January 10, 2024
- Chief Executive Officer
Quick Facts
Full Name | Shaygan Kheradpir |
Occupation | Chief Executive Officer |
Date Of Birth | Dec 19, 1960(1960-12-19) |
Age | 64 |
Birthplace | London |
Country | United Kingdom |
Birth City | England |
Horoscope | Sagittarius |
Shaygan Kheradpir Biography
Name | Shaygan Kheradpir |
Birthday | Dec 19 |
Birth Year | 1960 |
Place Of Birth | London |
Home Town | England |
Birth Country | United Kingdom |
Birth Sign | Sagittarius |
Shaygan Kheradpir is one of the most popular and richest Chief Executive Officer who was born on December 19, 1960 in London, England, United Kingdom. Shaygan Kheradpir (Persian: shygn khrdpyr born on December 19 1960) is an American businessman and technology executive. Kheradpir is a graduate with a bachelor’s master’s, doctoral and master’s degree in engineering electrical from Cornell University. He is most well-known for his ability to drive transformational change through technological innovation at Verizon which he was the chief of the technology department, Barclays bank as COO, Juniper Networks and Coriant as the CEO. He is an honorary member on the Cornell Engineering council and served as an advisory board member for VCAT, the US National Institute of Standards and Technology VCAT [2222.
The year 2001 was the time that Kheradpir established small-scale teams each with the responsibility of creating and implementing new products. Kheradpir established a 30 day prototype cycle that allowed him to evaluate and test new technologies being developed. The team of around 10,000 personnel often worked at night however jobs at Verizon were extremely sought-after due to the speed at which the department was growing. As per InfoWorld’s report, “he was the head of technological development for strategic initiatives like FiOS (United America’s largest fiber to the premises program in the year 2003) as well as process and system transformation, as well as a variety of new products that were designed for customers.” In 2003 his team developed iobi that manages address books caller ID, address books and other features across multiple devices on online. Verizon One Verizon One, a hybrid router, phone, and smart device for portable use, was developed by his department in the year following. In 2010 they unveiled live TV on the first generation iPad streaming via FiOS TV as an online streaming service. In the process he produced a number of patents for products that use multimedia communication on the internet. The division also overhauled several of Verizon’s network’s systems, including the websites, call centers automated customer support systems, and integrated systems that were previously distinct systems from predecessor firms GTE, Bell Atlantic and NYNEX.
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”.
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 late 2014 (November 2014) due to a disagreement with the board during a customer negotiation.
in 2000, GTE joined forces in 2000 with Bell Atlantic to create Verizon Communications. Kheradpir was initially the head of Verizon’s e-business division, and later became the first CIO/CTO of the company. In Verizon, Kheradpir contributed to the diversification of the company into a wider array of telecom products and services as well as the automatization of operations.
Shaygan Kheradpir Net Worth
Net Worth | $5 Million |
Source Of Income | Chief Executive Officer |
House | Living in own house. |
Shaygan Kheradpir is one of the richest Chief Executive Officer from United Kingdom. According to our analysis, Wikipedia, Forbes & Business Insider, Shaygan Kheradpir 's net worth $5 Million. (Last Update: December 11, 2023)
Kheradpir’s first position was with GTE Laboratories in 1987. In that lab, he was involved in the routing of networks, management and control, and also patented the real-time algorithm. He later became the director of Information for GTE Corporation, “earning respect for delivering new products on schedule,” according to The Wall Street Journal.
During his time at Verizon in the early 2000s, the company cut its budget for information technology by six percentage points of its revenue (the industry standard) up to around four percent. Between 2000 and 2003, he cut IT personnel by 20 percent and cut purchases from vendors of technology to 30 percent. He worked with vendors in order to cut prices , and also pressured Verizon to end its policy against buying IT equipment that was auctioned off on eBay by failed dot-com firms. He standardized many job positions in the field of contract programming by way of Verizon’s own group for software development in India known as VDSI that grew to become a multi-million force. In addition the new software was implemented to improve the efficiency of Verizon’s use of the latest IT equipment.
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.
Height, Weight & Body Measurements
Shaygan Kheradpir height Not available right now. Shaygan weight Not Known & body measurements will update soon.
Who is Shaygan Kheradpir Dating?
According to our records, Shaygan Kheradpir is possibily single & has not been previously engaged. As of December 1, 2023, Shaygan Kheradpir’s is not dating anyone.
Relationships Record : We have no records of past relationships for Shaygan Kheradpir. You may help us to build the dating records for Shaygan Kheradpir!
Facts & Trivia
Shaygan Ranked on the list of most popular Chief Executive Officer. Also ranked in the elit list of famous people born in United Kingdom. Shaygan Kheradpir celebrates birthday on December 19 of every year.
Top Facts about Shaygan Kheradpir
- Shaygan Kheradpir is an American businessman born in 1960.
- He served as CEO of Juniper Networks, Inc. from 2013-2014.
- Kheradpir was the first technology executive to serve on Verizon’s executive team.
- He holds a Ph.D. in electrical engineering from Cornell University.
- Kheradpir has held leadership positions at several major corporations including Barclays and GTE Corporation.
- In 2019, he co-founded Coriant, a telecommunications company based in Germany.
- Kheradpir has been recognized for his contributions to the tech industry by various organizations including the National Diversity Council and CIO Magazine.
- He is known for his expertise in networking technologies and digital transformation strategies.
- Kheradpir has authored multiple patents related to telecommunications and network security.
- He currently serves on the board of directors for several companies including Marvell Technology Group Ltd and Fidelis Cybersecurity Inc.