Coriant is a networking solutions provider formed in 2013 as a merger of Sycamore Networks, Tellabs, and Nokia Siemens Networks Optical Networks, the three largest networking companies before the merger was completed. Nine of the top ten tier 1 communications service providers use Coriant’s networks, marking the company’s significant market share.
Shaygan Kheradpir is currently the CEO and chairman of the board of Coriant. Kheradpir previously worked at Marlin Equity Partners, the financier of Coriant, and has extensive experience in the science and practice of electrical engineering. Kheradpir’s first big-time job was with Verizon Communications as EVP and CIO. He implemented thirty-day review cycles to change the company’s direction at any time, oversaw the production of FiOS, and cut his division’s budget in half without sacrificing performance.
Coriant maintains strong customer relationships in more than one hundred countries. The company provides clients with advanced physical routers and network management systems as well as unique solutions to phone networks, submarine networks, rural networks, digital financial problems, among many others. Coriant also provides clients with network system training to improve overall employee performance.
Kheradpir’s outstanding career is seeded in his learning experience at Cornell University: he holds a doctorate, master’s, and bachelor’s degree in electrical engineering. Kheradpir has served on Cornell University’s Engineering Council, an advisory board to the US National Institute of Standards and Technology. He also has patented several payment systems, telecommunication facilitators, and media ideas.
Check out Kheradpir on Twitter and Facebook
There is a lot of be said for the world of financial experts. There are those people like Dave Ramsey that have extreme views on living within your means and making every dollar count. You also have others like Suse Orman that have information on stocks and investing for retirements. Both of these people have had bestsellers. Then, there are lesser known – although equally helpful – investors like retired banker Igor Cornelsen.
I would like to state that Cornelsen has advice that is worthy of listening to because it comes from his experience in this field. There are lots of other people that have what I would call unrealistic principles of investing. Even though Suze Orman is known for her investing seminars and books, many people have complained that it is impractical for the average middle-class person to invest the way that she invests. She is speaking about money that the average person just doesn’t have. I think that Igor is a better investor to follow if you are part of the middle or lower class. He gives the practical advice that you can use regardless of whether you have a little or a lot.
Cornelsen sends out a lot of warning signals on newsvine to the investor that is not familiar with what is happening in the investment world. He tells people about how they should look out for all the things that could go wrong. Most investments firms do not give this type of information. Most brokers are going to talk heavily about big profits and such great returns on investment. Igor gives you the cut and dry version of investing. He doesn’t say that everything is going to be smooth sailing. He makes you aware of all the things that can go wrong, but then he does his very best to help you avoid these things. That is what makes him a lot more realistic.
When it comes to Brazilian investing, for example, he clearly tells people that are investing that there will often be some red tape. Cornelsen states on bizjournals that it is worth the time that it takes to get all entangled into this. The return on investment is worth it. He also warns those investors to keep track of their stocks and know what their portfolio companies are doing. I don’t think that he could emphasize this enough. I have seen people with portfolios that are falling apart, and I have to wonder why they didn’t monitor the progress of their companies. Sometimes it is obvious when you look at the direction that a company is going in. That is why I keep up on the products that companies in my portfolio are providing.
Dick DeVos is well known in the state of Michigan for the high level of philanthropy and charitable works he has recently undertaken with his wife, Betsy. However, DeVos is also well known as a business leader after leading the AmWay corporation on a long period of expansion after taking control of the group in the mid 1980s, Wikipedia reports. In 2010, DeVos looked to expand his business empire into new areas in and around Michigan when he formed the Windquest Holdings company, which has recently been reported by MLive to be the latest investor in the popular Coppercraft Distillery; Coppercraft is well known in Michigan and the surrounding states as a small producer of liquor drinks.
Dick DeVos has always been willing to take a risk on entering new industries and to make sure his family push their business interests to their limits. A good example of this is the leadership DeVos showed when he took control of the international business at AmWay, and led the company to new levels of success that included a tenfold increase in international sales after he took control.
In the 21st century, DeVos has become almost as well known for his role as a philanthropist as he is for his business career. Dick and Betsy DeVos head up a foundation that has focused its efforts on the development of educational and medical programs for the people of Michigan and beyond. DeVos has also looked to provide funding for major arts foundations around the country, alongside establishing charter schools across Michigan to ensure the children of the state have the best possible educational opportunities.
Coppercraft has been a growing business that was in need of extra investment to ensure it continues to grow at a fast pace in the coming years. The injection of funding from the DeVos family and Windquest has included an application to transfer the liquor production license from Walter Catton III to Windquest. This is the first step in Windquest taking overall control of the company, which will continue with the development of a craft beer division and improvements to the tasting room in the 9,000 square foot distillery.
Read more about Dick’s charitable work by visiting his Facebook or taking a look at his foundation’s website: http://www.dbdvfoundation.org