Sunday, 23 October 2016
Last updated 1 day 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.