Citrix Names Former Microsoft Executive as New CEO
Citrix has chosen a new CEO.
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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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.
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Citrix’s shares (CTXS) rose .65% in after hours trading on Wednesday to $66.50.