Bloomberg News

Citigroup Chief May Update Staff Today About Reporting Structure

October 17, 2012

Citigroup Chief May Update Staff Today About Reporting Structure

Michael Corbat, who was named chief executive officer of Citigroup Inc. yesterday, said he is likely to update employees today about any preliminary changes in management. Photographer: Peter Foley/Bloomberg

Michael Corbat, who was named chief executive officer of Citigroup Inc. yesterday, said he is likely to update employees today about any preliminary changes in management.

“We’ll send out a note probably later today detailing an interim reporting structure,” Corbat said on a conference call with the New York-based bank’s managing directors. Dow Jones reported the remark earlier today.

To contact the reporter on this story: Donal Griffin in New York at dgriffin10@bloomberg.net

To contact the editor responsible for this story: David Scheer at dscheer@bloomberg.net


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