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Citigroup Inc.

ROBERT WILLUMSTAD is stepping down as president, chief operating officer and a member of the board of CITIGROUP INC., the company said.

Willumstad, 59, said he is leaving Citigroup to seek a chief executive position with a public company. Citigroup said it doesn't intend to name a successor for Willumstad in his management positions. He was named president of Citigroup in 2002 and joined the board in 2003. He became COO in 2003 and oversaw the sale of Travelers Life & Annuity to MetLife Inc.
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Title Annotation:Robert Willumstad stepping down
Publication:Best's Review
Article Type:Brief Article
Geographic Code:1USA
Date:Aug 1, 2005
Words:84
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