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Citrix Appoints Kevin Parker as Chairman of the Board of Directors for Spin-off of the GoTo Products


Citrix Systems, Inc. (Nasdaq: CTXS) today announced the election of Kevin Parker, co-founder and senior operating principal at Bridge Growth Partners, LLC, as the Chairman of the Board for the soon-to-be formed company comprised of the Citrix “GoTo” product line, effective upon separation in late 2016. Mr. Parker also serves on the boards of Cvent, Salient CRGT, Intermedia, Aptos Retail and Polycom.

Prior to his current roles, Mr. Parker spent more than 20 years as a top executive in software and services companies. As President, CEO and Chairman of the Board of Deltek, he helped the company become a leading provider of superior enterprise software, information solutions and consulting services to leading businesses worldwide. He also served as PeopleSoft’s CFO from October 2000 to December 2004, and was named co-president of PeopleSoft in October 2004. During his time at PeopleSoft, he was responsible for internal operations, as well as worldwide finance and accounting functions, including administration, human resources, legal, facilities and IT.

Mr. Parker holds a bachelor’s degree in accounting from Clarkson University where he served on its Board of Trustees.

Kirill Tantarinov, President and CEO, Citrix

“I welcome Mr. Parker to lead the Board of Directors as we form this new company. He brings wealth of experience in software and services. He will play an integral role in the development of the new, independent company.”

Kevin Parker, Chairman of the Board, Citrix “GoTo” Spin-off

“I am thrilled to begin working and collaborating with designee CEO Chris Hylen and the rest of the executive team. This is an exciting time, and I believe we are in a unique position to build a company that will lead the market with innovative technologies, ultimately yielding continuous growth and success.”

About Citrix

Citrix (NASDAQ:CTXS) is leading the transition to software-defining the workplace, uniting virtualization, mobility management, networking and SaaS solutions to enable new ways for businesses and people to work better. Citrix solutions power business mobility through secure, mobile workspaces that provide people with instant access to apps, desktops, data and communications on any device, over any network and cloud. With annual revenue in 2015 of $3.28 billion, Citrix solutions are in use at more than 400,000 organizations and by over 100 million users globally. Learn more at www.citrix.com.

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