Citrix Systems has announced that its board of directors has appointed David J Henshall, Chief Financial Officer and Chief Operating Officer of Citrix, as President, Chief Executive Officer (CEO) and a member of the board with immediate effect. Mr Henshall’s appointment follows the mutual decision to separate the Citrix board and Kirill Tatarinov, President, CEO and Director of Citrix.
The Citrix board has identified the leadership team to drive the company’s long-term strategy and growth, led by David Henshall. In addition to product excellence and growth, Citrix is committed to operational efficiency and value creation. This includes a series of strategic initiatives intended to drive operating margin expansion, increase capital return and facilitate further investment in accelerating Citrix’s transformation to a cloud-based subscription business and in high-growth areas, such as data security and analytics services.
“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 that vision.”
David Henshall said, “We have a talented team at Citrix and I am honoured to lead Citrix through this new chapter. We have created an impressive platform of best-in-class products and services that customers and partners rely on every day to embrace the future of work. I can assure you that we will continue to deliver and innovate for our customers and partners as we move forward as a more powerful Citrix.”
Mr Calderoni concluded, “On behalf of the entire Citrix board, I want to thank Kirill for his leadership. The progress we made under his leadership has positioned Citrix well for the next phase of its corporate transformation.”