Juniper Networks Names Barclays Executive as CEO

Juniper Networks announced on Wednesday that Shaygan Kheradpir will take the top spot as chief executive officer, starting on January 1, 2014.

Kheradpir joins Juniper Networks from financial services firm Barclays PLC, where he served as the chief operations and technology officer, and as a member of its executive committee. Prior to joining Barclays in 2011, he was executive vice president and chief information and technology officer at Verizon Communications.

As an original member of the management team when Verizon was created, Kheradpir helped to create and implement technologies and products that anticipated future market needs such as IP multi-media and Fiber Optic Service (FiOS).

“Shaygan has a proven track record of successful business operations and technology leadership, with industry knowledge and technical vision from the perspectives of both telecommunications service providers and global enterprises,”said Scott Kriens, chairman of the board, Juniper Networks.

Kheradpir holds a bachelor’s, master’s, and Ph.D. in electrical engineering from Cornell University. Kheradpir succeeds Kevin Johnson, who in July announced his plan to retire as CEO, but will remain as a member of the board.

Kheradpir will also become a member of the Board of Directors at Juniper Networks.