Monday, 6 July 2015
Last updated 3 hours ago
Jul 9 2013 | 11:06am ET
Citigroup has added a private-equity executive to its board of directors.
General Atlantic operating partner Gary Reiner was named to the bank's board this week, along with former Ernst & Young CEO James Turley, Citi said. Reiner's election appears to make good on Citi Chairman Michael O'Neill's pledge to add a director with technology expertise; Reiner served as chief information officer at General Electric for 14 years before joining General Atlantic in 2010.
Reiner also serves on Hewlett-Packard Co.'s board of directors.
O'Neill said last month that Citi would add two or three directors to deal with the board's workload.
Reiner is the second private-equity executive on Citi's board. Wolfensohn Fund Management's Diana Taylor, better known as New York City Mayor Michael Bloomberg's girlfriend, joined the board in 2007.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…