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Good News for @Citrix Fans and Customers - Mark Templeton to Continue as CEO

Citrix Systems, Inc. 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.

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,” Bogan said.

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.”

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.

Published Friday, June 27, 2014 7:02 AM by David Marshall
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