Citigroup CEO Vikram Pandit Resigns

Start your day with TPM.
Sign up for the Morning Memo newsletter

Citigroup CEO Vikram Pandit has resigned effective immediately, Reuters reports:

Michael Corbat, previously chief executive for Europe, Middle East and Africa, was named to replace Pandit, the statement said.

 

Chief Operating Officer John Havens, a long-time associate of Pandit, also resigned.

Latest Livewire
Comments
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Associate Editor:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: