Entering text into the input field will update the search result below

Broadcom's Krause to become CEO of combined Citrix-Tibco (update)

Jul. 11, 2022 4:12 PM ETBroadcom Inc. (AVGO), CTXSVMWBy: Joshua Fineman, SA News Editor9 Comments

Citrix Systems headquarters in Fort Lauderdale, FL, USA.


  • Update 4:12pm: Add company confirmation of executive news.
  • Tom Krause, who resigned as president of Broadcom Inc.'s (NASDAQ:AVGO) software group earlier Monday, will become the CEO of the company being formed by the combination of Citrix Systems (

Recommended For You

Comments (9)

Have a tip? Submit confidentially to our News team. Found a factual error? Report here.

bluescorpion0 profile picture
sounds like ceo has too much control. Like Putin surrounded by yes men will anyone tell him Not a good idea?
@scorpionblue just short AVGO if you're that convinced. Put your money where your mouth is. And let us know how it goes so we can have a good laugh.

LONG AVGO - In Hok Tan We Trust
bluescorpion0 profile picture
@Pistolero Yogi Poor results doesn't mean stock drops. It can be flat for 20 years. That is failure too. Perhaps even worse than an immediate drop as you can't see it easily. Look at Japan. Internal, slow motion implosion. Is it any better than fast crash? I don't think so.
Another thing we see here is Broadcom is miserly and cheap. When you don't pay you lose your talent. I suspect this will happen to Vmware too, but even worse: here they will lose their clients. CEO eliminated software group president position and stepped in? 1. highly dominating and 2. you only do that in a crisis.
@scorpionblue Today, Hock Tan has many fewer reports than before this announcement. Did you see that all silicon divisions will report to Charlie K. instead of Hock ? So Hock gave up a lot of direct organizational control.
craftbrewinfo profile picture
As long as Mr. Tan is at the helm, no worries
@craftbrewinfo The most interesting move is they moved Charlie K. to a role where he has all hardware divisions reporting to him.
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.