Citrix System has announced arrival of new leader to escalate its growth

Citrix System has announced arrival of new leader to escalate its growth
The Siliconreview
20 July, 2017

The American multinational software company, Citrix Systems, Inc has announced David J. Henshall, the current Chief Financial Officer and Chief Operating Officer of the company as the new president, Chief Executive Officer (CEO) and as a member of the board, effective to the positions immediately. The decision by the board of directors followed after a mutual separation decision took place between the Citrix board and Kirill Tatarinov, president, CEO and director of Citrix.

“David is a proven leader who knows our company inside and out, and the board has the utmost confidence in him,” said Robert Calderoni, executive chairman of the Citrix board. “Moving forward, the board believes that accelerating our cloud transformation will position the company for even greater success in the years ahead, driving greater value for our shareholders, we now have the right team in place to execute on that vision.”

The decision that came from the Citrix board has informed that it has identified the leadership team with the purpose to drive the company’s long term strategy and growth, which shall be led by the now CEO, David Henshall.

In addition to its product excellence and growth, the company is also committed to operational efficiency and value creation. This incorporates a series of strategic initiatives that is intended to drive marginal expansion, increase capital return, and facilitate further investment in accelerating Citrix’s transformation to a cloud-based subscription business and in high-growth areas, like that of data security and analytics services.