OT. Citi Corp CEO resigns

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jldmt

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OT. Citi Corp CEO resigns

posted on Nov 05, 2007 05:21AM

This article is an awareness post only. Don't misinterpret it as a PTSC management slam. Apparently the "umbrella" plan has been prosed before.

Prince, 57, became chief executive of Citigroup in October 2003. Many shareholders criticized him openly for much of his tenure, as Citigroup's stock lagged its peers while Prince executed what was called an umbrella model of corporate organization, with several separate lines of business.