Juniper Networks Inc. has named Barclays executive Shaygan Kheradpir as CEO, replacing Kevin Johnson, who is retiring.
Kheradpir, 52, had served as chief operations and technology officer at the financial services firm, which he joined in 2011. He'll start his new role at the networking equipment maker on Jan. 1, the company said Wednesday.
Before Barclays, Kheradpir was executive vice president and chief information and technology officer at Verizon Communications. Juniper said he was a member of the company's management team when Verizon was created and was an "instrumental member of the team that transitioned Verizon from a regional telephone company to a broadband, media and global communications leader."
Johnson, 53, will remain on the Juniper board of directors.