Citrix CEO Mark Templeton opts not to retire

Fort Lauderdale-based software company Citrix Systems announced that its president and chief executive officer, Mark Templeton, will remain in his current role and will not retire next year as previously announced.

“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,” Citrix Chairman Thomas F. Bogan said in a statement.

“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,” the statement said.

Templeton joined Citrix in 1995 as vice president of marketing, before the company first sold stock on Wall Street. He became president in 1998 and CEO in 2001.

During his tenure, Citrix has transformed from a one-product, $15 million-per-year organization to a global leader with revenues of $2.9 billion in 2013.

Templeton 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.

Meanwhile, Citrix named Robert (Bob) M. Calderoni to its board. Calderoni had been president and CEO of software company Ariba, an SAP company, and a member of the global managing Board at SAP. A certified public accountant, he holds a bachelor’s of science degree from Fordham University.

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