Citrix today announced it has appointed long-time CFO and COO David Henshall to the role of President and CEO and with the aim to accelerate the company’s cloud transformation strategy as well as improving its profit margin. Mark Coyle, Senior Vice President of Finance, will be assuming the role of interim CFO.
Additionally, the board announced the formation of a new board committee focused on margin expansion, capital allocation and cloud transformation, and the company reaffirmed its financial guidance for the second quarter 2017, with detailed earnings results expected August 2.
David Henshall said, “We have a talented team at Citrix, and I am honored 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.”
