Shaygan Kheradpir

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Shaygan Kheradpir
Born (1960-12-19) December 19, 1960 (age 54)
London, United Kingdom
Citizenship United States
Education Ph.D. in electrical engineering
Alma mater Cornell University
Occupation Business and technology executive
Website
shaygankheradpir.com

Shaygan Kheradpir is a business and technology executive. He holds a bachelors, masters and doctorate degree in electrical engineering from Cornell University. He contributed to the deployment of FiOS at Verizon, the Pingit mobile money system and Transform program at Barclays, and an Integrated Operating Plan (IOP) as chief executive officer at Juniper Networks.

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

Early life and education[edit]

Shaygan Kheradpir was born in London and grew up in Iran.[1] He attended high school at Aiglon College in Switzerland.[2] His father was an ear, nose and throat doctor.[3] Kheradpir moved to the United States for university,[1] earning a bachelor's, master's and doctorate degree in electrical engineering from Cornell University.[1][4]

Career[edit]

Early work[edit]

Shaygan Kheradpir's first job was at GTE Laboratories, where he worked on network routing, management, and control. He eventually became chief information officer at GTE Corporation, "earning respect for delivering new products on schedule," according to The Wall Street Journal.[1]

Verizon[edit]

In 2000, GTE merged with Bell Atlantic to form Verizon Communications. Kheradpir initially served as the president of Verizon's e-business division,[5] before becoming the company's first CIO/CTO.[4][6] At Verizon, Kheradpir contributed to the company’s diversification into a broader range of telecommunications services, as well as the automation of operations.[6]

In 2001, Kheradpir formed small teams that were each responsible for coming up with and developing new product ideas.[5] 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.[7] According to InfoWorld, his team "contributed to the development of Verizon's FiOS fiber optic video initiative and related DVR."[5] In 2003 his team created iobi, which manages address books, caller ID and other features across devices.[1][8] The Verizon One, a combination phone, router, modem and portable device, was developed from his department the following year.[8] His division also reengineered many of Verizon's core systems, including call center, website, automated customer service systems,[7] and integrated formerly separate systems from predecessor companies GTE, Bell Atlantic and NYNEX.[9]

During Kheradpir's tenure at Verizon, the company reduced its information technology budget from 6 percent of revenue (the industry average) to four percent.[1] From 2000 to 2003, he reduced IT staff by 20 percent and reduced purchasing from technology vendors by 30 percent.[1] 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.[10] 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.[1]

Barclays[edit]

In January 2011, Kheradpir joined Barclays as the Chief Operating Officer of the Global Retail & Business Bank.[11] He contributed to the development of customer products like the Pingit mobile payments software.[12] Kheradpir was subsequently promoted to Chief Operations and Technology Officer, reporting to Antony Jenkins.[11] It was the first time a technology executive sat on the executive team at Barclays.[13]

Juniper Networks[edit]

Kheradpir became CEO of Juniper Networks in January 2014.[4] At Juniper, he launched an Integrated Operating Plan (IOP) that was aligned with the recommendations of activist investors to reduce expenses, buy back stock, and increase dividends.[14] In November 2014, Kheradpir resigned as CEO of Juniper.[15] The company said Kheradpir’s departure was the result of a review of his leadership and conduct with respect to a customer negotiation, and that Kheradpir and the company have different perspectives on the matter.[16]

Other activities[edit]

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.[17] From 2007 to 2010, Kheradpir served on the Advisory Board of the YMCA of Greater New York.[18] Kheradpir is a member of the Cornell University Engineering Council.[19]

References[edit]

  1. ^ a b c d e f g h Bulkeley, William (March 19, 2003). "For Clues to Why the Tech Sector Is Still Down, See Mr. Kheradpir". The Wall Street Journal. Retrieved October 31, 2014. 
  2. ^ "Aiglon Curriculum". Aiglon Switzerland. 
  3. ^ Reardon, Marguerit (August 25, 2010). "Cisco, Verizon push for 3D video and more". CNET News. Retrieved October 31, 2014. 
  4. ^ a b c Boulton, Clint (September 2, 2014). "Juniper CEO: From CIO to CEO in Three Steps". The Wall Street Journal. Retrieved October 31, 2014. 
  5. ^ a b c Margulius, David (December 4, 2006). "Entrepreneurial IT". InfoWorld. Retrieved March 29, 2015. 
  6. ^ a b Trendall, Sam (November 13, 2013). "Juniper banks on Barclays man Kheradpir for CEO role". CRN Channel Web. Retrieved March 29, 2015. 
  7. ^ a b Dragoon, Alice (April 1, 2005). "Sleepless In Manhattan". CIO Magazine. Retrieved March 29, 2015. 
  8. ^ a b Margulius, David (December 4, 2006). "Entrepreneurial IT". InfoWorld. 
  9. ^ Koch, Christopher (March 1, 2005). "A New Blueprint For The Enterprise". CIO Magazine. Retrieved October 30, 2014. 
  10. ^ Carr, Nicholas (August 16, 2004). "As market power shifts to users, companies need to change the way they buy and manage IT to reap savings, says Nicholas Carr". Financial Times. 
  11. ^ a b Mustoe, Howard (March 7, 2013). "Barclays Names Kheradpir Operating Chief Amid Jenkins Revamp". Bloomberg. Retrieved October 31, 2014. 
  12. ^ Finnegan, Matthew (March 8, 2013). "Barclays appoints Shaygan Kheradpir as new CTO". CIO Magazine. Retrieved March 29, 2015. 
  13. ^ Swabey, Pete (March 8, 2013). "Barclays appoints new CTO to help drive strategic transformation". Information Age. Retrieved March 29, 2015. 
  14. ^ Buckley, Sean (February 21, 2014). "Juniper responds to shareholder pressure with $160 million cost-cutting plan". Fierce Telecom. Retrieved April 12, 2015. 
  15. ^ Konrad, Alex (November 10, 2014). "Mysterious Customer Negotiation Leads To Sudden Ouster Of Juniper Networks CEO". Forbes. Retrieved November 11, 2014. 
  16. ^ Linnane, Ciara (November 10, 2014). "Juniper Networks CEO Kheradpir resigns with immediate effect". MarketWatch. Retrieved March 29, 2015. 
  17. ^ NIST Visiting Committee on Advanced Technology (VCAT), National Institute of Standards and Technology, retrieved March 29, 2015 
  18. ^ YMCA of Greater New York Annual Report, 2007 (PDF), YMCA, retrieved March 29, 2015 
  19. ^ "Cornell University School of Electrical and Computer Engineering, Advisory Council". Cornell University. Retrieved March 29, 2015. 

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