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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats

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Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
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Citrix Names Former Microsoft Executive as New CEO

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Jonathan Vanian
Jonathan Vanian
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By
Jonathan Vanian
Jonathan Vanian
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January 20, 2016, 9:16 PM ET
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Citrix has chosen a new CEO.

The business software giant said on Wednesday that former Microsoft executive Kirill Tatarinov will become Citrix’s CEO on Jan. 25. He will also take a seat on Citrix’s board.

Tatarinov was one of four Microsoft (MSFT) executives who CEO Satya Nadella said in June would leave the company as part of a management overhaul. According to his LinkedIn profile, Tatarinov stopped working at Microsoft in October.

Before his stint at Microsoft, Tatarinov was also the chief technology officer of IT services company BMC.

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Tatarinov succeeds Robert Calderoni, who became Citrix’s interim CEO in October. That leadership change followed the retirement of longtime CEO Mark Templeton.

Citrix has been under pressure from activist investor Elliott Management to sell off parts of its business that Elliott considers to be “non core,” like its GoToMeeting web conferencing unit. In November, Citrix said it would spin out its GoTo business unit as a separate publicly traded company. The company said the transaction would finish by the second half of this year.

For more on business software watch our video:

In September, Reuters reported that Citrix reached out to Dell for a possible acquisition.

Citrix’s shares (CTXS) rose .65% in after hours trading on Wednesday to $66.50.

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By Jonathan Vanian
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Jonathan Vanian is a former Fortune reporter. He covered business technology, cybersecurity, artificial intelligence, data privacy, and other topics.

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