Printer Friendly

CITICORP ANNOUNCES RESIGNATION

 CITICORP ANNOUNCES RESIGNATION
 NEW YORK, Oct. 5 /PRNewswire/ -- Citicorp (NYSE: CCI) announced


today that Richard S. Braddock has resigned his positions as president and member of the board of directors of Citicorp and Citibank. Mr. Braddock's resignation is effective immediately. His present responsibilities will be assumed by members of the senior corporate management team.
 Mr. Braddock chose to resign after concluding that his best contribution to the recovery of Citicorp's momentum has been realized and, accordingly, he wants to pursue new career opportunities.
 John S. Reed, chairman, said: "Rick's great contribution was to the growth of our consumer business. He has been an important part of the senior team during this turnaround. We are sorry to see him go and wish him well."
 -0- 10/5/92
 /CONTACT: John M. Morris, 212-559-4285, or Robin M. Plotkin, 212-559-3896, both of Citicorp/
 (CCI) CO: Citicorp ST: New York IN: FIN SU: PER


KD -- NY103 -- 6757 10/05/92 16:37 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Oct 5, 1992
Words:159
Previous Article:SABINE ROYALTY TRUST ANNOUNCES CASH DISTRIBUTION
Next Article:CHRYSLER REPORTS SEPTEMBER PRODUCTION
Topics:


Related Articles
/C O R R E C T I O N -- CITICORP/
CITICORP ANNOUNCES OFFERS TO EXCHANGE COMMON STOCK FOR PREFERRED STOCK SERIES 2 AND 3
/C O R R E C T I O N -- CITICORP/
CITICORP ANNOUNCES EXPIRATION OF OFFERS TO EXCHANGE COMMON STOCK FOR PREFERRED STOCK SERIES 2 AND 3
CITICORP 'A' SENIOR DEBT AFFIRMED BY FITCH AFTER ANNOUNCEMENT -- FITCH FINANCIAL WIRE --
CITICORP PERCS OFFERING INCREASED TO $1 BILLION
CITICORP SELLS THREE OREO PROPERTIES FOR $92 MILLION
CITICORP 5.86% CUMULATIVE PREFERRED STOCK RATED 'A-' BY FITCH -- FITCH FINANCIAL WIRE --
FLEET LAUNCHES NEW CORPORATE FINANCE BUSINESS
CITICORP $250 MILLION SUBORDINATED NOTES RATED 'A' BY FITCH -- FITCH FINANCIAL WIRE --

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters