CHARLES PRINCE


'Charles Prince'

'Charles O. "Chuck" Prince, III', born January_13, 1950, is the chief executive officer of Citigroup.
Before taking over Citi's investment banking business, Prince had been Chief Operating Officer for Citigroup. He started his career as an attorney with U.S. Steel Corp in 1975. In 1979, he joined Commercial Credit Co., a predecessor to Citigroup that Sandy Weill took over in 1986. From there, as Weill put together his financial empire, Prince was with him every step. Fortune's Carol Loomis last year described Prince as "a smart, logical thinker who's big in frame (almost 6-foot-4), in laugh, and in capacity for work. He is also an absolute Weill loyalist, who has promptly accepted whatever assignments Sandy has wanted him to take on." In 2003, Sandy called on him to take on the CEO role, as a "fireman" to clean up after the excesses of the 1990s.
Additionally, Prince currently serves in the influential trade group the Financial Services Forum.
Born in Lynwood, California, USA, he received his bachelor's, master's, and law degrees from the University of Southern California, as well as a Master of Laws degree from Georgetown University.
Mr. Prince began his career in 1975 as an attorney at U.S. Steel Corporation and in 1979 joined Commercial Credit Company (a predecessor company to Citi). He was named Executive Vice President in early 1996. Mr. Prince was made Chief Administrative Officer of Citi in early 2000 and Chief Operating Officer in early 2001. He was named Chairman and CEO of the Markets & Banking in 2002, became CEO of Citi in 2003, and was named Chairman in 2006.

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Citi job cuts include 1,600 NYC positions, dated 2007-04-11

DaunteVickInterview: The Wall Street Settlement and Citigroup

Wall Street Journal article on Vick's strategy for Citigroup, dated 2005-08-24

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