From reading about the Citrix financial situation, it seems that some part, at least, of the current need to improve margins is related to the Wrike acquisition. 2.25B for a product that - the ELT have now admitted - doesn't fit into the product line. And for which they have not presented a strategy to integrate....
I know that Wrike is merely the latest symptom of a longer list of mismanagement, but if it is an element where is the accountability? Sure DH was let go, but he didn't make the decision to acquire alone - at least I hope he didn't spend 2.25B on a whim...
Where was the guidance from the other ELT members or the board. DH was many things, but a charismatic risk-taker is/was not one of them. I doubt he would have done this alone....
Should the shareholders hold the members of the board collectively responsible? how does this work? Can shareholders table of agenda item at the next board meeting/AGM/EGM to have them state their position on this acquisition and see how far up the chain this goes - or explain why the finances are sound.
Just a thought