Citigroup names Todd Thomson to head strategy and business development.NEW YORK--(BUSINESS WIRE)--December 16, 1998--Todd S. Thomson was named to the newly created position of Senior Vice President-Strategy and Business Development of Citigroup Inc., the company announced today. Reporting to John S. Reed For other persons of the same name, see John Reed. John Shepard Reed (born 1939) is the former Chairman of the New York Stock Exchange. He previously served as Chairman and CEO of Citicorp, Citibank, and post-merger, Citigroup. and 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. , Chairmen and Co-CEOs, he will lead strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. efforts and review acquisition and divestiture opportunities for Citigroup globally. Mr. Thomson, 37, assumes the strategic planning duties previously performed by Michael A. Carpenter, who recently was named co-head of the Citigroup corporate and investment banking business. Mr. Thomson previously reported to Mr. Weill as Senior Vice President-Global Development for Travelers Group. He joined the company earlier in 1998 from GE Capital Services, the financial services arm of General Electric, where he was Senior Vice President-Strategic Planning and Business Development. Earlier in his career, he was Managing Director of Barents Group, merchant banking advisory firm, and a consultant at Bain & Company, international strategy consulting firm. Mr. Thomson received a BA in Economics from Davidson College, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. , and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration with distinction from the Wharton School, Philadelphia. Citigroup was formed on October 8, 1998 by the merger of Citicorp and Travelers Group. Its businesses produce a broad range of financial services -- asset management, banking and consumer finance, credit and charge cards, insurance, investments, investment banking and trading -- and use diverse channels to make them available to consumer and corporate customers around the world. Among its businesses are Citibank, Commercial Credit, Primerica, Salomon Smith Barney, SSB SSB Statistisk Sentralbyrå (Statistics Norway) SSB Super Smash Bros (video game) SSB Space Studies Board SSB Single Side Band SSB Single Stranded DNA-Binding Protein SSB Salomon Smith Barney Citi Asset Management Group, Travelers Life & Annuity, and Travelers Property Casualty. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion