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==Current Events==
==Current Events==
On Friday, November 4th, 2007, Charles Prince resigned from his post as CEO of Citigroup due to the failing mortgage industry.
On Sunday, November 4th, 2007, Charles Prince resigned from his post as CEO of Citigroup due to the failing mortgage industry.


==References==
==References==

Revision as of 23:59, 4 November 2007

For other people named Charles Prince, see Charles Prince (disambiguation).
This image is a cropped photograph of Charles Prince and Brazlian President, Luiz Inácio Lula da Silva

Charles O. "Chuck" Prince, III, born January_13, 1950, is the former chief executive officer (CEO) and chairman of Citigroup.[1][2] He succeeded Sandy Weill as the CEO of the firm in 2003, and as the Chairman of the Board in 2006.[2]

History

Charles O. Prince III, was born in Lynwood, California on January 13, 1950.[1] Prince went to the University of Southern California for his Bachelor's degree, Master's degree, and Juris Doctor.[1] He continued his education going on to receive a Master of Law degree from Georgetown University.[1]

The son of a plasterer and a housewife, Prince started his career as an attorney with U.S. Steel Corp in 1975.[1] In 1979, he joined Commercial Credit Company, a predecessor to Citigroup that Sandy Weill took over in 1986.[1][3] He was promoted in 1996 to Executive Vice President of the firm, which by this point was known as the Travelers Group, now a wholly owned subsidiary of Citigroup.[4] In 2000, shortly following the 1998 merger of Travelers and Citigroup, Prince was named Chief Administrative Officer of the newly created firm, Citigroup.[5][4] He was subsequently promoted to Chief Operating Officer in 2001, to CEO and Chairman of Citi Markets and Banking in 2002, and finally to CEO and Chairman.[4]

Personal life

Prince is currently married to Margaret L. Wolff.[6] The couple was wed on September 20, 2003 at The Pierre Hotel in New York City.[6] Semi-retired Judge Robert W. Sweet presided over the ceremonies.[6]

Affiliations

Prince currently serves in the influential trade group the Financial Services Forum, as well as a member of the Council of Foreign Relations, the Business Roundtable, and several other organizations.[2] Along with his directorship on the Citigroup board, Princep has served as a member of Johnson & Johnson's board since February 13, 2006.[7] He also serves as a trustee for several education institutions including Weill Medical College, Teachers College, and The Juilliard School.[7]

Current Events

On Sunday, November 4th, 2007, Charles Prince resigned from his post as CEO of Citigroup due to the failing mortgage industry.

References

  1. ^ a b c d e f "NNDB Profile: Charles Prince". Retrieved 2007-10-04.
  2. ^ a b c "Forbes: Charles Prince Profile". Retrieved 2007-10-04.
  3. ^ "Sanford Weill Profile". Retrieved 2007-10-04.
  4. ^ a b c "Citigroup: Charles Prince". Retrieved 2007-10-04.
  5. ^ "Financial Powerhouse". Retrieved 2007-10-04.
  6. ^ a b c "WEDDINGS/CELEBRATIONS; Margaret Wolff, Charles Prince". Retrieved 2007-10-06.
  7. ^ a b "Business Week: Charles Prince". Retrieved 2007-10-05.

Prince was replaced as chairman by former Treasury Secretary Robert Rubin. Sir Win Bischoff, chairman of Citigroup Europe and a member of the bank's management and operating committees, has been named as interim chief executive.

See also

Quelle: https://en.wikipedia.org/wiki/Special%3ADiff%2F169266957