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Citrix announces leadership transition
Fri, 8th Oct 2021
FYI, this story is more than a year old

Citrix Systems has announced Bob Calderoni, chair of the Citrix board of directors, has been named interim CEO and president, effective immediately.

Calderoni will succeed David J. Henshall, who has stepped down as president and CEO and member of the company's board.

"I would like to thank David for his many contributions to Citrix," says Calderoni.

"David played a key role in accelerating our cloud transition and has driven significant improvements in our products, with over a dozen SaaS services actively supporting more than 11 million subscribers.

"David has also been instrumental in helping the company and our employees navigate the pandemic and successfully positioned Citrix to help customers across industries globally, maintaining business operations with minimal disruption. The entire Board thanks him for his contributions over nearly 20 years."

He says he's pleased to be taking on the role of interim CEO and excited to work with the board, management team, and dedicated Citrix employees during an important time for the company.

"We remain focused on transitioning the business to SaaS as we work to deliver a unified work experience for our valued customers," he says.

"I look forward to leading the company into its next phase of growth and success, and I am confident that this will be a smooth leadership transition."

Citrix lead independent director, Nanci Caldwell, says that with more than 30 years of executive experience in the technology sector, including seven years as a director of Citrix, Calderoni is a natural choice to lead the company.

"Bob knows our products, markets, customers and culture," says Caldwell.

"The Board is confident he's the right person to drive the company's continued transformation and deliver value to our shareholders."

This comes as Ajei Gopal, elected in 2017 as a member of the board of directors, advised the board of his decision to resign from the board effective October 4, 2021.

Dr Gopal advised Citrix that his decision does not involve any disagreement with the company or board. Rather, Dr Gopal, who is president and CEO of Ansys, resigned to avoid any potential conflict of interest that could arise as Calderoni is a member of the board of directors at Ansys.

Based on preliminary unaudited financial information, Citrix expects to report revenue at the midpoint to the high end of its previously announced guidance range of $765 million to $775 million for the third quarter ended September 30, 2021. Before the market opens, Citrix will report full financial results for the third quarter on Thursday, November 4, 2021.