Citrix Announces Jesse Cohn Will Step Down from the Board
April 16 2020 - 4:30PM
Business Wire
Citrix Systems, Inc. (NASDAQ:CTXS) announced today that Jesse
Cohn will be stepping down from the board and will therefore not be
nominated for re-election to the Citrix board of directors at the
company’s next Annual Meeting of Shareholders on June 3, 2020.
Mr. Cohn, partner and senior portfolio manager at Elliott
Management, has served on the Citrix board since July 2015, and has
been a member of the nominating and corporate governance committee
since 2016.
“We want to thank Jesse for his dedicated service to the board,”
said Bob Calderoni, chairman of the board. “His candor, insights
and partnership have been valuable and appreciated as the company
was executing a significant shift in our strategy, operations and
business model. Today, with leadership from the board and executive
team, and execution by our 8,500 plus employees, Citrix is stronger
and more valuable than ever, and I want to thank Jesse for his many
contributions to our success over the past five years.”
Mr. Cohn commented that “Citrix has been a terrific long-term
investment for Elliott Management, and I’m proud to have served as
a member of the board during this phase of the company’s growth and
transformation. I want to thank David Henshall and his team, my
fellow directors on the board, and all of Citrix’s talented
employees for making these past five years such a positive and
collaborative experience, and I look forward to the company’s
continued success.”
About Citrix
Citrix (NASDAQ:CTXS) is powering a better way to work with
unified workspace, networking, and analytics solutions that help
organizations unlock innovation, engage customers, and boost
productivity, without sacrificing security. With Citrix, users get
a seamless work experience and IT has a unified platform to secure,
manage, and monitor diverse technologies in complex cloud
environments. Citrix solutions are in use by more than 400,000
organizations including 98 percent of the Fortune 500.
For Citrix Investors:
This release contains forward-looking statements which are made
pursuant to the safe harbor provisions of Section 27A of the
Securities Act of 1933 and of Section 21E of the Securities
Exchange Act of 1934. The forward-looking statements in this
release do not constitute guarantees of future performance. Those
statements involve a number of factors that could cause actual
results to differ materially, including risks associated with the
impact of the global economy and uncertainty in the IT spending
environment, revenue growth and recognition of revenue, products
and services, their development and distribution, product demand
and pipeline, economic and competitive factors, the Company's key
strategic relationships, acquisition and related integration risks
as well as other risks detailed in the Company's filings with the
Securities and Exchange Commission. Citrix assumes no obligation to
update any forward-looking information contained in this press
release or with respect to the announcements described herein. The
development, release and timing of any features or functionality
described for our products remains at our sole discretion and is
subject to change without notice or consultation. The information
provided is for informational purposes only and is not a
commitment, promise or legal obligation to deliver any material,
code or functionality and should not be relied upon in making
purchasing decisions or incorporated into any contract.
© 2020 Citrix Systems, Inc. Citrix, the Citrix logo, and other
marks appearing herein are the property of Citrix Systems, Inc. and
may be registered with the U.S. Patent and Trademark Office and in
other countries. All other marks are the property of their
respective owners.
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version on businesswire.com: https://www.businesswire.com/news/home/20200416005150/en/
Media Contact: Karen Master Citrix +1 216-396-4683
Karen.master@citrix.com
Investor Contact: Traci Tsuchiguchi Citrix +1
408-790-8467 Traci.tsuchiguchi@citrix.com
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