Juniper Networks names new CEO

SUNNYVALE, USA: Juniper Networks announced Shaygan Kheradpir as its chief executive officer, effective January 1, 2014.

Kheradpir succeeds Kevin Johnson, who in July announced his plan to retire as CEO. Johnson will remain as a member of the board.

"The board has conducted a comprehensive search process and we're very excited to name Shaygan Kheradpir as our next chief executive officer," said Scott Kriens, chairman of the board, Juniper Networks.

"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. Most importantly, Shaygan's values and vision for the company align very tightly with our own, building a strong foundation for Juniper's future."

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