Citrix Systems names new CEO

FORT LAUDERDALE — CitrixSystemsannouncedits second top leadership change in three years on Monday, replacing CEO KirillTatarinovwithchief financial officerDavidHenshall as the new president andCEO.

Citrix’s stock finished the trading day at $79.83, up 66 cents or 0.83 percent prior to theannouncement. But inafter hours trading after the statement, the shares fell by as much as 3.76 percent to $77.

Henshall’s appointment follows the “mutual separation decision” between Citrix’s board and Tatarinov, whowasnamedCEOin January 2016. He replaced longtime CEO Mark Templeton, who left the position in 2015.

Mark Coyle, senior vice president for finance, was named interim CFO on Monday.

Citrix, which is a leader in tools that allow workers to access documents or data on any device, is South Florida’s oldest technology company with 1,700 employees in the region.

“Dave is a proven leader who knows Citrix inside and out,” said Robert Calderoni, who chairs the board and formerly was interim CEO. Hesaid Citrixwouldaccelerate its transformation of its services to the cloud under Henshall. In a news release, he thankedTatarinov for positioning the company for its next phase.

Management also reaffirmed its financial guidance for the second quarter, saying net income for fiscal 2017 would be in line with its current guidance of 70 cents to 74 cents per diluted share. Quarterly revenues are still expected to land in the $685 million to $695 million range, “with strong demand fromcustomersfor subscription-based solutions,” the company said in a statement.

Citrix said it will conduct a conference call to discuss its first half results and business outlook onAug. 2.

In recent months, Citrix stock bounced on a published report that three private equity firms — Bain Capital, The Carlyle Group and Thoma Bravo— submitted bids for the Fort Lauderdalesoftware company.

The company declined discuss a potential sale.

Earlier this year, Citrix completed the sale of its GoTo family of businesses to Boston-basedLogMeIn. Elliott’s Jesse Cohn remains on the board. to