Heradpir Sheigan (Shaygan Kheradpir)

Heradpir Sheigan (Shaygan Kheradpir)

Biography

Shaygan Kheradpir was born in London in 1960.

He worked as vice president, chief information specialist and technical director at a telecommunications corporation, and Verizon also worked at a bank Barclays in a combined position of operating and technical director.

On January 1, 2014, he was appointed CEO of Juniper Networks. Having headed the company, Shagan Heradpir came under pressure from activist investors in the form of head funds Elliott Management and Jana Partners, which demanded that the head of measures to optimize the company's costs and business. As a result of this pressure, Heradpir launched a program to return at least $3 billion to investors through share buybacks and dividend payments.

On November 10, 2014, Shagan Heradpir was dismissed as CEO of Juniper Networks due to an unsatisfactory assessment of the board's performance. A more accurate formulation is as follows:

CEO and resigned from the board after the board criticised his leadership qualities and behaviour during client negotiations. In these matters, the council does not share Heradpire's viewpoint. "

The company did not name the client because of which the head was fired. His future place of work is unknown. According to the terms of his employment contract with Juniper, the ex-head of the company will have to return part of the bonuses and payments within two years, the total amount of which is $2.85 million.

2022: Confirmation of Independent Director Status

On June 24, 2022, MTS PJSC announced the decisions of the Board of Directors of MTS PJSC adopted at the meeting. It was decided to confirm the status of independent director for Shaigan Heradpir. Read more here.