Citrix Appoints Board Member Robert Calderoni as Interim President and CEO
October 21 2015 - 4:06PM
Business Wire
Board Continues Search for Permanent CEO
Citrix (NASDAQ:CTXS) today announced that Robert Calderoni,
Citrix’s Executive Chairman, has been unanimously appointed interim
president and CEO, effective immediately. Mr. Calderoni will
continue serving as Executive Chairman on the Citrix Board of
Directors. Mark Templeton, current president and CEO, will serve in
an advisory role through the end of the year.
The Board’s previously announced CEO search process remains
underway, led by a search committee consisting of Mr. Calderoni
(committee chair), Godfrey R. Sullivan and Jesse A. Cohn, with the
assistance of executive search firm, Heidrick & Struggles.
“On behalf of the Board, I would like to thank Mark for his
vision, talent and leadership over the last two decades,” said
Thomas Bogan, lead independent director for Citrix. “Mark’s
contributions in transforming our company into a $3 billion global
technology leader, to our customers, and to our industry have been
remarkable, and the entire Citrix team wishes him the very
best.”
Mr. Bogan continued, “We are fortunate that Bob has agreed to
step into the role of interim CEO during this important time for
Citrix. With more than 30 years of executive experience in the
technology sector, and as a director of Citrix, Bob has a deep
understanding not only of the marketplace, but of our business as
well. We thank Bob for assuming these additional responsibilities
while the committee continues to conduct its CEO search process,
and believe that he is the right choice to lead Citrix as we
continue to focus on the transformative initiatives announced in
July.”
Mr. Calderoni said, “The Citrix team has a deep bench of
talented employees, and I look forward to working together,
alongside the Board and leadership team, as we execute on our
strategy to securely deliver the world’s most important apps. In
addition to our CEO search, I will be focused on continuing the
momentum we have in our operational and strategic review of the
business. Citrix remains well positioned to build on its positive
momentum, as evidenced by the strong financial results announced
today.”
Mr. Templeton said, “It has been an honor and a truly rewarding
experience to lead this company and to work with the finest team in
the industry, as well as the best customers and partners in the
world. Citrix will continue to excel under Bob’s leadership, and
the Board will continue its thoughtful and deliberate process of
selecting a permanent CEO. Every day that I have spent at Citrix
has been a privilege, and I look forward to staying on in an
advisory role to ensure a smooth transition.”
About Robert Calderoni
Bob Calderoni was appointed as a director of the Citrix Board in
June 2014, and as Executive Chairman of the Board in July 2015. Mr.
Calderoni previously served as Chairman and CEO of Ariba, Inc.,
from 2001 until it was sold to SAP in October 2012. Following the
acquisition, Mr. Calderoni remained CEO of Ariba and was also
appointed a member of the global managing board at SAP AG between
2012 and 2014. Prior to his role as CEO, Mr. Calderoni was
CFO of Ariba from January 2001 to October 2001. Prior to
joining Ariba in January 2001, Mr. Calderoni served as CFO at Avery
Dennison Corporation, Senior Vice President of Finance at Apple,
and Vice President of Finance at IBM. He is also a member of the
Board of Directors of Juniper Networks and KLA Tencor.
About Mark B. Templeton
Mark Templeton has served as President of Citrix since 1998 and
CEO since 2001. He joined Citrix in 1995 as Vice President of
Marketing, prior to the company’s initial public offering. Under
his leadership, Citrix has been transformed from a $15 million
organization with one product, one customer segment and one
go-to-market path, to a global powerhouse with annual revenues of
$3.14 billion and 100 million users worldwide. Since 2008, Mr.
Templeton has served on the Board of Directors of Equifax, a global
information solutions provider. Mr. Templeton holds a Bachelor’s
degree in product design from North Carolina State University and
an MBA from the University of Virginia.
About Citrix
Citrix (NASDAQ:CTXS) is leading the transition to
software-defining the workplace, uniting virtualization, mobility
management, networking and SaaS solutions to enable new ways for
businesses and people to work better. Citrix solutions power
business mobility through secure, mobile workspaces that provide
people with instant access to apps, desktops, data and
communications on any device, over any network and cloud. With
annual revenue in 2014 of $3.14 billion, Citrix solutions are in
use at more than 400,000 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. The forward looking statements in this
release 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
changes and transitions in management personnel, the Board’s
ongoing CEO search, the impact of the global economy and
uncertainty in the IT spending environment, revenue growth and
recognition of revenue, products and services, their development
and distribution, product demand and pipeline, economic and
competitive factors, the Company’s key strategic relationships, as
well as other risks detailed in the Company’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 trademarks or registered trademarks of Citrix
Systems, Inc. and/or one or more of its subsidiaries, and may be
registered in the U.S. Patent and Trademark Office and in other
countries. All other trademarks and registered trademarks are
property of their respective owners.
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Citrix Systems, Inc.For media inquiries:Eric Armstrong,
954-267-2977eric.armstrong@citrix.comorFor investor
inquiries:Eduardo Fleites,
954-229-5758eduardo.fleites@citrix.com
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