Yesterday, Citrix CEO Mark Templeton announced that he plans to retire once a successor is announced. While a CEO retiring is moderately interesting, the subtext to all of this is more so. Elliott Management, the activist shareholder that has a track record of agitating within other technology companies (most notably pushing EMC to spin off its VMware subsidiary) also announced that its partner, Jesse Cohn, is joining the Citrix board and that another independent board member is to be appointed by mutual agreement between Elliott and itself.
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