Andrew N. Liveris Joins Citigroup Board of Directors.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Citigroup announced today that Andrew N. Liveris Andrew Liveris is a Greek-Australian-American executive from Australia and is the Chairman, CEO and President of The Dow Chemical Company based in the United States. Early life and family , 51, President and Chief Executive Officer of The Dow Chemical Company The Dow Chemical Company (NYSE: DOW TYO: 4850 ) is an American multinational corporation headquartered in Midland, Michigan. Overview The Dow Chemical Company is currently the second largest chemical manufacturer in the World (after BASF)[1]. , has been elected to the Citigroup Board of Directors. Mr. Liveris' election brings the number of Citigroup Board members to 17, of which more than 75% are independent under NYSE NYSE See: New York Stock Exchange rules and Citigroup's Corporate Governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. Guidelines. "Andrew has built an impressive record of success, leading initiatives that have made Dow a large and profitable company that is positioned for further success in diversified global markets," said Charles Prince For other persons named Charles Prince, see Charles Prince (disambiguation). Charles O. "Chuck" Prince, III, born January_13, 1950, is the chief executive officer (CEO) and chairman of Citigroup. , Chief Executive Officer, Citigroup. "Nearly two-thirds of his almost 30 year career at Dow has been spent in the Asia Pacific region, giving him a tremendous depth of knowledge that will be immensely valuable to us as we position ourselves for continued growth in this and other regions of the globe. We look forward to his contributions." "Andrew is an excellent addition to our Board, with broad experience in a full range of disciplines and a great deal of international expertise," said Sanford I. Weill Sanford I. Weill, commonly known as Sandy Weill (born March 16 1933) is a banker, financier and philanthropist. He was formerly the chief executive officer and chairman of Citigroup Inc. He served in those positions until October 1 2003 and April 18, 2006 respectively. , Chairman, Citigroup. "He is a strong visionary leader, and we look forward to drawing on his keen strategic sense and practical knowledge." As President and Chief Executive Officer of The Dow Chemical Company, Liveris leads a $40 billion global chemical and plastics corporation based in Midland, Michigan. His 29-year Dow career has spanned manufacturing, sales, marketing, new business development and management. He has spent the bulk of his career in Asia, where he was general manager for Dow's operations in Thailand, and later led all of the company's Asia Pacific operations. Liveris is a member of The Dow Chemical Company's Board of Directors. He attended the University of Queensland The University of Queensland (UQ) is the longest-established university in the state of Queensland, Australia, a member of Australia's Group of Eight, and the Sandstone Universities. It is also a founding member of the international Universitas 21 organisation. in Brisbane, Australia, graduating with a bachelor's degree (first class honors) in Chemical Engineering. He is a Chartered Engineer and a Fellow of The Institute of Chemical Engineers. Citigroup (NYSE: C), the leading global financial services company has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney and Banamex. Additional information may be found at www.citigroup.com Certain statements in this document are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and . These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from those included in these statements due to a variety of factors. More information about these factors is contained in Citigroup's filings with the Securities and Exchange Commission. |
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