Citrix reported net income of $251.7 million in 2014, down from $339.5 million in 2013. In July 2015, the company announced several changes to its board of directors, including Robert Calderoni's becoming executive chairman and adding Jesse Cohn as a senior partner of activist hedge fund Elliott Management. That same month the company announced that president and CEO Mark Templeton would retire after a replacement was found, and on October 21, the company named its executive chairman, Robert Calderoni, as interim president and CEO.