Citrix Reorganizes Corporate Services and Product Development Organizations.FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla. -- Citrix Systems Citrix Systems' (NASDAQ: CTXS) is an American technology company, based in Fort Lauderdale, Florida, with subsidiary operations in California and Massachusetts, with additional development centers in Australia, India and the UK. , Inc. (Nasdaq:CTXS CTXS Citrix Systems (NASDAQ stock ticker symbol) ), the global leader in access infrastructure solutions, today announced that it has reorganized its corporate services Activities that combine or consolidate certain enterprise-wide needed support services, provided based on specialized knowledge, best practices, and technology to serve internal (and sometimes external) customers and business partners. and product development organizations. The internal changes are designed to streamline back-office processes, increase cross-company collaboration across all functions, improve overall customer service and simplify the company's organization. The company also announced that Jeanne M. Moreno, senior vice president, corporate services and chief information officer, and Bob Kruger, senior vice president, product development and chief technology officer, have decided to leave the company. They will continue to support the company during a transition period. In the corporate services reorganization, the customer care team will be integrated under John Burris, senior vice president of worldwide sales and services; human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. functions will now report directly to Mark Templeton Mark Templeton (b. 1975) is Principal Trombone of the London Philharmonic Orchestra. Mark studied at the Guildhall School of Music and Drama 1994-1998 with Eric Crees, Simon Wills and Peter Gane. During this time he became principal of the Gustav Mahler Youth Orchestra. , president and chief executive officer; and the information technology, facilities, purchasing, and manufacturing teams will be integrated into the finance and administration organization under David Henshall, chief financial officer. In product development, Jeff Russo, vice president of engineering operations, will take on the role of acting senior executive. "Citrix is in a beginning stage of a multi-year growth strategy," said Templeton. "We're actively elevating our solutions for secure access, our strategic value to businesses, our client relationships, the visibility of our brand, our go-to-market partnerships, our business systems and our employees. We're always assessing the business, looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ways to improve and making the necessary changes to ensure that all company functions are best aligned for great execution." About Citrix Citrix Systems, Inc. (Nasdaq:CTXS) is the global leader in access infrastructure solutions and the most trusted name in secure access for enterprises and individuals. Nearly 50 million people in more than 120,000 organizations around the world use Citrix every day. Our software gives people secure and well-managed access to business information wherever it lives--on demand. Citrix customers include 100% of the Fortune 100 companies, 99% of the Fortune 500, and 92% of the Fortune Global 500. Based in Fort Lauderdale, Florida Fort Lauderdale, known as the "Venice of America" due to its expansive and intricate canal system, is a city in Broward County, Florida, United States. The city's population is described as metropolitan, where diverse culture is commonplace. According to 2006 U.S. , Citrix has offices in 22 countries, and more than 7,000 channel and alliance partners in more than 100 countries. For more information visit http://www.citrix.com. For Citrix Investors This release contains forward-looking statements which are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release, including but not limited to statements made by the Company's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , do not constitute guarantees of future performance. Those statements involve a number of risks and uncertainties that could cause actual results to differ materially, including risks associated with the company's business and products, their development and distribution, economic and competitive factors, the company's key strategic relationships and 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. Citrix(R) is a registered trademark of Citrix Systems, Inc. in the U.S. and other countries. All product and company names herein may be trademarks of their respective owners. |
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