Mark Templeton to Continue as CEO of Citrix Citrix Appoints Robert M. Calderoni to Board of Directors
27 June 2014 - 6:05AM
Business Wire
Citrix Systems, Inc. (NASDAQ:CTXS) today announced that its
President and Chief Executive Officer, Mark B. Templeton, will
remain in his current role and will not retire next year as
previously announced. In addition, as part of its ongoing
commitment to evolve its board of directors, Citrix announced the
addition of Robert (Bob) M. Calderoni to its board, effective
immediately.
Citrix Chairman Thomas F. Bogan said, “Since January, the Board
has been working diligently with outside advisors to select our
next CEO. During the search, Mark informed us that, after much
consideration, his desire was to stay on as CEO. After completing
our search process, and considering a number of qualified
candidates, the Board concluded that Mark is the best leader to
drive the Company forward at this time of dynamic change in our
business.”
“While Mark has made a multi-year commitment, CEO succession
remains an important focus for our Board and we will continue to
manage for the time when he steps down,” Bogan said.
Templeton said, “While I had planned to retire within the year
following my leave of absence, my personal circumstances have
changed, and I am more determined than ever to lead Citrix through
its next wave of transformation. Our core businesses have
market-leading positions and our early successes in mobile and
cloud services put the Company at a pivotal inflection point in its
evolution. I deeply appreciate the Board’s support for my continued
leadership of the company at this important time. There is much to
be done, and my commitment to drive the business forward is
unwavering.”
Templeton joined Citrix in 1995 as Vice President of Marketing,
prior to its initial public offering. He was appointed President in
1998 and Chief Executive Officer in 2001. During his tenure, Citrix
has transformed from a one-product, $15 million organization, to a
global leader with revenues of $2.9 billion in 2013. He has played
a key role in shaping Citrix’s culture, market direction, product
strategy and passion for customers. He holds a bachelor’s degree in
product design from North Carolina State University and an MBA from
the University of Virginia, Darden School of Business.
Citrix also announced today the addition of Bob Calderoni to its
board. Mr. Calderoni previously served as President and Chief
Executive Officer of Ariba, Inc., an SAP company, and as a member
of the Global Managing Board at SAP AG between 2012 and 2014.
Prior to the acquisition of Ariba by SAP in May 2012, Mr.
Calderoni was Chairman and Chief Executive Officer of Ariba,
beginning in July 2003. Prior to that, he held the roles of
president and CEO and Executive Vice President and Chief Financial
Officer.
Prior to joining Ariba in November 2000, Mr. Calderoni served as
Chief Financial Officer at Avery Dennison Corporation, Senior Vice
President of Finance and Controller at Apple Computer, and Vice
President of Finance at IBM Corp.
“Bob brings to us a wealth of industry experience and proven
capabilities in governing and managing competitive, global scale
enterprises,” said Thomas Bogan. “We are honored to have a new
director of Bob’s capabilities and character serve on the Citrix
board.”
Mr. Calderoni also serves as a member of the board of directors
of Juniper Networks and KLA-Tencor. Mr. Calderoni is a Certified
Public Accountant and holds a Bachelor of Science Degree in
Business Administration, Public Accounting & Finance from
Fordham University.
About Citrix
Citrix (NASDAQ:CTXS) is a leader in mobile workspaces, providing
virtualization, mobility management, networking and cloud services
to enable new ways to work better. Citrix solutions power business
mobility through secure, personal workspaces that provide people
with instant access to apps, desktops, data and communications on
any device, over any network and cloud. This year Citrix is
celebrating 25 years of innovation, making IT simpler and people
more productive. With annual revenue in 2013 of $2.9 billion,
Citrix solutions are in use at more than 330,000 organizations and
by over 100 million users globally. Learn more at
www.citrix.com.
For Citrix Investors
This release contains forward-looking statements which are made
pursuant to the safe harbor provisions of Section 27A of the
Securities Act of 1933 and of Section 21E of the Securities
Exchange Act of 1934. These forward-looking statements do not
constitute guarantees of future performance. Those statements
involve a number of factors that could cause actual results to
differ materially, including risks associated with products, their
development, integration and distribution, product demand and
pipeline, customer acceptance of new products, economic and
competitive factors, Citrix's key strategic relationships,
acquisition and related integration risks as well as other risks
detailed in Citrix's filings with the Securities and Exchange
Commission. Citrix assumes no obligation to update any
forward-looking information contained in this press release or with
respect to the announcements described herein.
Citrix® is a registered trademark of Citrix Systems, Inc. in the
U.S. and other countries. All other trademarks and registered
trademarks are property of their respective owners.
Citrix Systems, Inc.Julie Geer,
408-790-8543julie.geer@citrix.comorEduardo Fleites,
954-229-5778eduardo.fleites@citrix.com
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