Michael Corbat
Michael Corbat | |
|---|---|
| Born | Michael L. Corbat May 2, 1960 |
| Nationality | American |
| Alma mater | Harvard University |
| Occupation | Banker |
| Years active | 1983 - |
| Title | CEO of Citigroup |
| Board member of | EMI U.S. Ski and Snowboard Team Foundation BritishAmerican Business |
Michael L. Corbat (born May 2, 1960) is an American banker. He is the current chief executive of Citigroup, a position he has held since October 2012. He took over from Vikram Pandit who resigned on October 16, 2012.[1]
Corbat was born in Bristol, Connecticut and received bachelors from Harvard in 1983. He was an an Offensive guard for the Harvard Crimson football team.[2] He was two time all Ivy League and was selected as first string College Football All-America Team in NCAA Division I-AA in 1982. He was the first Harvard player to be selected since Dan Jiggetts in 1975.[3]
He worked at Citi or its predecessor companies his entire life after graduation starting with Salomon Brothers. At various times he served as Managing Director and Head of the Citi's Global Corporate Bank and Global Commercial Bank; CEO of Citi's Global Wealth Management unit (consisting of Smith Barney and the Citi Private Bank); CEO of Citi Holdings (which was a collection of non-core businesses which Citi sold most of following the Financial crisis of 2007–2008 and Troubled Asset Relief Program loans the bank received from the federal government); and was CEO of Europe, Middle East and Africa (EMEA) where he oversaw all Citi operations in that region immediately before his appointment to become CEO of the bank.[4]
References
- ^ Enrich, David; Kapner, Suzanne; Fitzpatrick, Dan (October 17, 2012). "Pandit Ousted As CEO Of Citi". The Wall Street Journal. p. A1. Retrieved October 17, 2012.
- ^ Protess, Ben (2012-10-16). "Michael L. Corbat, Citigroup's New Chief, Is a Jack-of-All-Trades - NYTimes.com". Dealbook.nytimes.com. Retrieved 2012-10-22.
- ^ Knobler, Mike (1982-12-01). "Harvard's Corbat Named To All-America Team | Sports | The Harvard Crimson". Thecrimson.com. Retrieved 2012-10-22.
- ^ Joe Weisenthal (2012-10-16). "Michael Corbat: New CEO Of Citi". Business Insider. Retrieved 2012-10-22.
{{cite web}}: Text "3" ignored (help); Text "8,575" ignored (help); Text "Oct. 16, 2012, 8:16 AM" ignored (help)