Charles Prince

From Wikipedia, the free encyclopedia

Charles O. "Chuck" Prince, III, born January 13, 1950, is the chief executive officer of Citigroup.

Before taking over Citi's investment banking business, Prince had been Chief Operating Officer of Citigroup. He started his career as an attorney with U.S. Steel Corp in 1975. In 1979, he joined Commercial Credit Co., a predecessor to Citigroup that Sandy Weill took over in 1986. From there, as Weill put together his financial empire, Prince was with him every step. Fortune's Carol Loomis last year described Prince as "a smart, logical thinker who's big in frame (almost 6-foot-4), in laugh, and in capacity for work. He is also an absolute Weill loyalist, who has promptly accepted whatever assignments Sandy has wanted him to take on." In 2003, Sandy called on him to take on the CEO role, as a "fireman" to clean up after the excesses of the 1990s.

Additionally, Prince currently serves as chairman of the influential trade group the Financial Services Forum.

Born in Lynwood, California, he received his bachelor's, master's, and law degrees from the University of Southern California, as well as a Master of Laws degree from Georgetown University.

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Citigroup
Brands: Banamex • Citibank • Citicapital • Citifinancial • Citigold • Citigroup Private Bank • Citigroup Venture Capital • Citiinsurance • Citimortgage • Diners Club • Primerica • Salomon Brothers • Smith Barney
Key people: Chuck Prince • Robert Rubin • Sallie Krawcheck • William R. Rhodes • Lewis B. Kaden
Notable former executives: Shaukat Aziz • Jamie Dimon • Ahmed Fahour • Stanley Fischer • Lewis Glucksman • Thomas W. Jones • Victor Menezes • Samuel Osgood • John Reed • James Stillman Rockefeller • William Rockefeller • Moses Taylor • Sandy Weill • Robert B. Willumstad • Walter B. Wriston

Corporate Directors: Michael Armstrong • Alain Belda • George David • Kenneth T. Derr • John M. Deutch • Roberto Hernández Ramírez • Ann Jordan • Klaus Kleinfeld • Andrew N. Liveris • Dudley Mecum • Anne Mulcahy • Richard Parsons • Chuck Prince • Judith Rodin • Robert Rubin • Franklin A. Thomas • Sandy Weill • Gerald Ford
Local entities: Canada • Hong Kong • Japan • Mexico • Singapore

Annual revenue: $120.318 billion USD ( 11% FY 2005) | Employees: 299,000 | Stock Symbol: NYSE: C | Website: www.citigroup.com
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