Coriant Gets a New CEO

Coriant used to be a part of Nokia Siemens Networks that’s owned by Marlin Equity Partners. Coriant was created in March 2013 and became an independent company on May 6, 2013. Coriant presently has approximately 3000 employees. Coriant specializes in computer transport information, including cloud storage. The computer technology company has offices in the United States and in Munich and Naperville, Germany. This digital technology company sells hardware and software to companies who need service in data, voice, and mobile networks. The key people in this industry are Shaygan Kheradpir (CEO),Robert Leggett (Chairman), and Pat DiPietro (Vice-chairman).

After almost three years, Pat Di Pietro stepped down from Coriant’s CEO and became the Vice-Chairman. Shaygan Kheradpir was appointed the new CEO on September 28th. Kheradpir works in the San Francisco Bay branch of Coriant. Born in London on December 19, 1960, his father was an ear,nose, and throat specialist. Kheradpir grew up in Iran. He came to Ithica, New York to attend Cornell University where he earned a bachelor’s, a master’s, and a PhD in electrical engineering. After getting his PhD, the new CEO had held executive positions in such high profile companies as GTE, Verizon, Barclays, and Juniper Networks. These companies boasted that Kheradpir had impressive cost effective ideas that saved the companies lots of money.

Shaygan Kheradpir’s first job was in 1987 when he was employed at GTE, a communications company that merged in 2000 with Bell Atlantic to create Verizon. Kheradpir was hired to work with network routing, control, and management. Kheradpir GTE’s core computer systems. He worked his way up to Chief Information Officer. In January 2011, Shaygan Kheradpir was employed as Barclay Bank and saved the bank almost $ 4.5 billion in costs. His greatest achievement was the development of the Pingit mobile payments software for Barclay.

At his brief time at Juniper Networks, Kheradpir created a cost cutting plan that returned $3 billion to the shareholders while cutting $160 million in costs for the company.

Shaygan Kheradpir spent the first part of 2015 working with Coriant’s parent company, Marlin Equity Partners. Kheradpir brought Marlin his 28 years of broad knowledge and experience in technology, telecom and financial service industries.

Kheradpir’s on Cornell’s Engineering Council advisory board and US National Institute of Standards and Technology. Shaygan Kheradpir holds several patents that include media and telecom. He’s a welcome speaker at various business and technology forums.

Resolve Financials Facilitates New Manufacturing In Nashville

The need for more industrial space in the Nashville area has become a more acute problem in the last two years. Scott Lumley, founder and CEO of Resolve Financials saw the need and worked to bring the solution that is planned now: a new warehouse complex of 600,000 square feet, spread over three different buildings. The site was secured for $1.93 million dollars and will be called the Skyline Distribution Park. It will be a Class ‘A’ facility, the first to be built in Davidson County in over six years.

Panattoni Construction will oversee the construction of the site, which will actually be done by Panattoni’s Contract Construction arm, Alston Construction. They will begin breaking ground immediately and hope to be complete by their scheduled completion date of sometime in the fall of 2016.

An associate broker did the leg work to complete all the paperwork needed to get all the zoning variances and other permit approvals so the project could begin. Projections for future occupancy rates are very good. The site is one contiguous tract originally owned by the renowned Oman family. It has 33 acres located at 2011 Southerland Drive and the remaining 11 acres at 2811 Brick Church Pike, which is just down the street from the famous Trinity Lane.

The needs of businesses in the circle of downtown Nashville, out to about four miles will be the focus. “Given all of the redevelopment that’s going on, the city is losing some of its industrial base… The real benefit of this property is going to be its visibility and access to the highways,” commented Panattoni’s regional development manager for the Southeast, Jeff Konieczny.

There will be some visibility for those driving along highways 24 and 26. Occupants can lease variable amounts of space, from 20,000 square feet all the way up to 375,000 square feet in size.