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Mark Templeton stay CEO of Citrix

Citrix Systems, 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.

June 27, 2014

Citrix Systems, 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.

Ever on board

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.”

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.”

Flash back

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.

 

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