In a surprise move, Vikram Pandit has stepped down as CEO of Citigroup.
Citigroup’s board said Pandit’s replacement, effective immediately, is Michael Corbat, the head of the European and Middle Eastern division. Pandit will also relinquish his seat on Citi’s board of directors. The bank’s president and Chief Operating Officer, John Havens, has also resigned.
The move reportedly follows a clash with the board over strategy and performance. Shareholders have also objected to Pandit’s massive pay packages. Citigroup offered no explanation for Pandit’s resignation.
中国公共新闻摘编:GAN JADE |