Richard Marvin DeVos Jr. or Dick DeVos was born in Michigan on October 21, 1955, is a businessman – entrepreneur. He is the son of Amway co-founder Richard DeVos. He served from 1993–2002 as the CEO of consumer goods distribution company. Forbes magazine listed DeVos as the 67th richest person in the United States in 2012, having a net worth of $5.1 billion.
Even as a child, Dick was involved in the family business, Amway. Dick often recalls the days when the business was started and grew in the family basement which included offices and product development. As a boy, he and his brother were mini-host greeting the attendees at Amway’s annual conventions. They even helped out with everything from clearing tables during events to assisting guests where to find the tennis or water-ski ares. They eventually began speaking to groups and were giving product demonstrations. Read more about the DeVos families ties with Amway here: http://www.mlive.com/news/grand-rapids/index.ssf/2010/09/amway_heir_dick_and_betsy_devo.html
Dick attended Northwood University in Midland, Michigan where he graduated with a bachelor’s degree in business administration. He received honorary doctorates from Northwood University, Central Michigan University and Grove City College. The Northwood University awarded Dick a distinguished alumni recognition.
The AmWay business and its affiliate companies has largely been the primary focus of Dick DeVos, however, in recent years he has gradually expanded into other areas such as the Coppercraft Distillery based in Michigan’s Holland Township. The Coppercraft Distillery will be part of many investments made through Windquest (a privately held investment management firm). The investment company was formed in 2010 as a new outlet for the business activities of DeVos.
Dick DeVos continues to pursue new avenues of investment creation through the Windquest Group company. The company is an important extension of charitable works and has shown a serious commitment to green energy as reflected by its alternative energy department. DeVos has created a diverse choices of investments through Windquest, which includes the move into the alcoholic beverage industry.
Coriant telecommunications launched in 2013 in both Munich, Germany, and Naperville, USA. The technology company, fronted by new CEO Shaygan Kheradpir, Chairman Robert Legget and Vice Chairman Pat DiPietro, services a global audience and currently has about 3000 employees.
Coriant began in the Transmission Technology department of Siemens based in Munich, Germany. The official launch under the Coriant name was announced by OFC/NFOEC in March 2013, and on May 6 of the same year, Coriant began to operate independently from Nokia Siemens Networks under the new ownership of Marlin Equity Partners. A merge with Marlin Equity-owned Sycamore took place in January 2013, and it was announced soon after that Coriant would be branching out overseas with the opening of Coriant America Inc..
Coriant serves as a hardware and software vendor for optical transmission in the backbone data network for voice, data and mobile networks. They also sell software products for network management and network planning.
Coriant develops fast and efficient solutions for some of today’s major networking problems, and a company with such high ambitions and large responsibility must fall under the leadership of an individual who is as passionate about the future as they are experienced in the current industry. For Coriant, this is new Chief Executive Officer Shaygan Kheradpir.
Shaygan Kheradpir earned his bachelor’s, master’s and Ph.D. from Cornell University in engineering and was on the advisory board for the U.S. National Institute of Standards & Technology, as well as the Cornell University Engineering Council. He has multiple patents for telecom, media and payments and has risen to be the head of Coriant after beginning his career at GTE Corporation. He is the former EVP & Chief Information Officer of Verizon, and a member of the leadership team which is one of the United State’s largest infrastructure programs with a capital investment of over $20 billion. Throughout his career, Shaygan has proved himself to be not only passionate about his work, but also dedicated and drive, and it is this level of commitment that he now brings to the future of Coriant.