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TIBCO announces CFO transition

TIBCO Software announced that Sydney Carey, TIBCO executive vice president and CFO, has decided to leave the company to pursue an opportunity with a private, venture-backed technology company. Carey will remain with the company through April 19 and certify the company's first quarter results for FY13. Murray Rode, TIBCO COO and whose current responsibilities include the finance organization, will take on the added responsibilities of interim CFO until a permanent replacement is found. Rode previously served as CFO from late 2005 through 2008.