Yet Another Management Shuffle at Citigroup
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Citi had more news today on another round of musical chairs in the executive suite. John Gerspach, the bank’s former chief accounting officer, will be the new chief financial officer—the bank’s 5th CFO in so many years.
Barclays Capital’s Jason Goldberg notes that on reflection of the troubled bank’s 2006 annual report, a whopping 60% of the very most senior executives, or 26 of 43, have left.