|Gary L. Crittenden|
|Born||1953 (age 60–61)|
|Residence||Salt Lake City, Utah, USA|
|Alma mater||Brigham Young University (B.S.)
Harvard University (M.B.A.)
|Employer||CEO, Huntsman Gay Global Capital|
|Religion||The Church of Jesus Christ of Latter-day Saints|
Gary L. Crittenden (born 1953) is an American financial manager and is the CEO of HGGC (formerly Huntsman Gay Global Capital), a Palo Alto, California private equity firm. He was formerly employed as the chairman of Citi Holdings, a unit of Citigroup, and has served on the boards of Staples Inc., Ryerson, Inc., TJX Companies, and Utah Capital Investment Corp. From March 2007 to March 2009, he was the Chief Financial Officer of Citigroup. On his departure he settled Securities and Exchange Commission claims that he violated federal disclosure rules.
Early life and education
Crittenden was raised in Ogden, UT. He served a two-year mission for The Church of Jesus Christ of Latter-day Saints (LDS Church) in Germany, and graduated from BYU's Marriott School of Management with a bachelor of science degree in management in 1976. He went on to earn an MBA from Harvard Business School in 1979. Crittenden has served as a bishop, stake president, and area seventy in the LDS Church.
Crittenden began his career as a consultant at Bain and Company where he worked on various strategic projects in the United States and Germany. Crittenden served as CFO and executive Vice President at Melville Corp. While at Melville, he was the architect of the breakup of the company that led a significant increase in share price as the company was split into three firms. He was the CFO of Sears Roebuck and Company from 1997 to 1998. He then served as the CFO of Monsanto Company from 1998 to 2000. At Monsanto, Crittenden led the efforts to acquire seed companies DeKalb Genetics Corporation, and the Delta and Pine Land Company. He also played a key role in the eventual sale of Monsanto to Pharmacia & Upjohn. Prior to joining Citigroup, Crittenden was Executive Vice President and Chief Financial Officer (CFO) of American Express, as well as the head of the company's Global Network Services division.
In 2007, Crittenden joined Citigroup as CFO. At Citigroup, he led the reengineering effort that cut 75,000 jobs, reduced assets by around $500 billion, and helped guide the firm through the financial crisis. In 2010 Crittenden settled claims made by the SEC without admitting wrongdoing in connection with Citigroup's exposure to subprime mortgage assets.
In April 2012, Crittenden was named CEO of Huntsman Gay Global Capital.
Crittenden has served on a number of corporate boards in his professional life, including Filene's Basement, where he was CFO early in his career, Wilson's Leather, Sears of Mexico and Sears Canada (where he was CFO of the parent company, Sears Roebuck and Company), Ryerson, Inc., TJX Companies (parent company to TJMaxx and Marshall's), Staples, and Primerica. Additionally, he is chairman of the board of the HGGC portfolio companies: Power Holdings, iQor, and Citadel.
Awards and Recognition
Crittenden has been recognized and won or been nominated for several awards, including:
- He received an honorary doctorate from Weber State University in 2003.
- He was named one of Institutional Investor’s Best CFOs in America in 2004 and 2006.
- "Gary Crittenden Leaves Citi, Joining Huntsman Gay". PE Hub. Retrieved 2013-05-05.
- "Gary L. Crittenden". BusinessWeek. 2009-02-04. Retrieved 2009-02-05.
- Sanati, Cyrus (July 29, 2010). "For Crittenden, a Bad Time to Be at Citigroup". New York Times. Retrieved 2013-06-15.
- Crittenden, Gary L. (2001). "Your Next Performance Review". Marriott School of Management. Retrieved 2009-02-05.
- Crittenden, Gary. "5 Critical Decisions". Marriott Alumni Magazine (Summer 2008): 9.
- "Gary Crittenden: Executive Profile & Biography". Businessweek. Retrieved 28 June 2013.
- "Melville to separate into three firms; hopes to sell Wilson's leather chain. (Melville Corp.)(Brief Article)". Daily News Record. Retrieved 28 June 2013.
- "Monsanto and Pharmacia to Join, Creating a Pharmaceutical Giant". The New York Times. Retrieved 28 June 2013.
- "Monsanto CFO Crittenden to head P&U merger team". ICIS. Retrieved 28 June 2013.
- "Gary Crittenden". CrunchBase. Retrieved 28 June 2013.
- "Citigroup aims to sell $500 billion of its assets". ABC News. Retrieved 28 June 2013.
- "SEC Charges Citigroup and Two Executives". U.S. Securities and Exchange Commission. Retrieved 2011-12-27.
- Comstock, Courtney (July 30, 2010). "Meet The First Big Exec To Pay For "Unintentionally Defrauding" During The Credit Crisis". Business Insider. Retrieved 2013-06-05.
- Primack, Dan (April 3, 2012). "Ex-Citi CFO takes reins at Huntsman Gay". Fortune. Retrieved October 17, 2012.
- "Primerica Names Ex-Citigroup CFO Crittenden to Insurer’s Board". Bloomberg. Retrieved 26 July 2013.
- "Gary Crittenden". Mormons in Business. Retrieved 23 May 2013.
- "American Express Executive to Receive Honorary Degree". Weber State University. Retrieved 23 May 2013.
- "The Best CFOs in America". Institutional Investor. Retrieved 23 May 2013.
- Crittenden article to Wharton students on expensing stock options
- Crittenden article to Marriott students on integrity