Shares of enterprise software vendor Tibco Software (TIBX) are unchanged in late trading at $20.14 after the company said its chief financial officer, Sydney Carey, will leave the firm after April 19th to work for a privately-backed startup company, after 4 years in the role.
Carey will be replaced on an interim basis by COO Murray Rode.
Tibco CEO Vivek Ranadive thanked Carey for playing “an integral role in the comapny’s growth and continued success.” Carey remarked that Tibco “has a very bright future,” and that “I look forward to this new and different challenge of growing a private, pre-IPO company.”
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