Former Microsoft Business Solutions executive Kirill Tatarinov has been named the new chief executive of Citrix Systems in Fort Lauderdale. Tatarinov, 51, succeeds Robert Calderoni, who was interim CEO during the search to replace former long-time CEO Mark Templeton.
Tatarinov will be paid an initial base salary of $1 million. The appointment, effective Monday, was disclosed in a securities filing Wednesday. Tatarinov also will join the Citrix board as a director. Calderoni continues his role as executive chairman.
Most recently, Tatarinov was executive vice president of the Microsoft Business Solutions Division, where he doubled revenue, increased profitability and led the division's transformation to the cloud, Citrix said in a securities filing disclosing the appointment. Prior to Microsoft, Tatarinov was a member of the senior leadership team at BMC, where he served as the chief technology officer, as well as held product and business development leadership positions.
“Following a thorough review of candidates, the board determined that Kirill's strong product management background and extensive technology leadership experience make him the right person to oversee Citrix's innovation and growth strategy,” Calderoni said.
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Citrix, which has major operations in Santa Clara, Calif., and in Raleigh, N.C., has been undergoing a restructuring that included layoffs of about 50 employees in Fort Lauderdale, part of a staffing reduction of 1,100 positions worldwide in recent months. The company, which had 2014 revenues of $3.14 billion, develops solutions for secure, mobile workspaces that provide access to apps, desktops, data and communications on any device, over any network and the cloud.
In June, activist hedge fund Elliott Management bought a 7.1 percent stake in Citrix and began urging changes, including sale of certain assets. Citrix announced in November that it would spin off its Go-To and other non-core businesses.