Michael Corbat - Citigroup Chief Executive Officer, Director

C Stock  USD 81.43  0.43  0.53%   

CEO

Mr. Michael L. Corbat is Chief Executive Officer, Director of the Company. Mr. Corbat is an experienced financial services executive and finance professional, and was nominated to serve on the Board because of his extensive experience and expertise in the areas of Financial Services, Risk Management, Financial Reporting, Institutional Business, Corporationrationrate and Consumer Businesses, Regulatory and Compliance, and Corporationrationrate Affairs. In his role as Chief Executive Officer of Citigroup Inc., his prior position as Citis CEO of Europe, Middle East, and Africa, and his extensive career at Citi he has gained experience in all of Citis business operations, including consumer banking, corporate and investment banking, securities and trading, and private banking services. In these roles, Mr. Corbat has gained extensive financial services, financial reporting, corporate business, and risk management experience. Additionally, in his role as CEO of Citi Holdings, Citis portfolio of noncore businesses and assets, he oversaw the divestiture of more than 40 businesses, including the IPO and sale of Citis remaining stake in Primerica since 2012.
Age 58
Tenure 13 years
Address 388 Greenwich Street, New York, NY, United States, 10013
Phone212 559 1000
Webhttps://www.citigroup.com
Corbat also successfully oversaw the restructuring of Citi’s consumer finance and retail partner cards businesses and divested more than $500 billion in assets, reducing risk on the Company’s balance sheet and freeing up capital to invest in Citi’s core banking business.

Citigroup Management Efficiency

At present, Citigroup's Return On Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.11, whereas Return On Capital Employed is forecasted to decline to 0.01. At present, Citigroup's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 2.4 T, whereas Total Assets are forecasted to decline to about 1.5 T. Citigroup's management efficiency ratios could be used to measure how well Citigroup manages its routine affairs as well as how well it operates its assets and liabilities.
Citigroup has accumulated 287.3 B in total debt with debt to equity ratio (D/E) of 0.91, which looks OK as compared to the sector. Note however, debt could still be an excellent tool for Citigroup to invest in growth at high rates of return.

Similar Executives

Showing other executives

CEO Age

Bharat MasraniToronto Dominion Bank
68
Darryl WhiteBank of Montreal
49
Gregory GuyettHSBC Holdings PLC
61
Barry SommersWells Fargo
55
Marianne LakeJPMorgan Chase Co
55
Perry PelosWells Fargo
56
Nuno MatosHSBC Holdings PLC
53
Gregory BracaToronto Dominion Bank
N/A
Kenneth LalondeToronto Dominion Bank
N/A
Larry RichmanCanadian Imperial Bank
63
Jennifer PiepszakJPMorgan Chase Co
54
John StuartHSBC Holdings PLC
62
Charles ScharfWells Fargo
60
Barry OByrneHSBC Holdings PLC
48
Michael CapatidesCanadian Imperial Bank
N/A
Douglas PetnoJPMorgan Chase Co
55
Leovigildo SalomToronto Dominion Bank
N/A
Mary ErdoesJPMorgan Chase Co
58
Surendranath RoshaHSBC Holdings PLC
55
Gillian RileyBank of Nova
N/A
Daniel PintoJPMorgan Chase Co
62
Citigroup Inc., a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. Citigroup Inc. was founded in 1812 and is headquartered in New York, New York. Citigroup operates under BanksDiversified classification in the United States and is traded on New York Stock Exchange. It employs 238000 people. Citigroup (C) is traded on New York Stock Exchange in USA. It is located in 388 Greenwich Street, New York, NY, United States, 10013 and employs 229,000 people. Citigroup is listed under Diversified Banks category by Fama And French industry classification.

Management Performance

Citigroup Leadership Team

Elected by the shareholders, the Citigroup's board of directors comprises two types of representatives: Citigroup inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Citigroup. The board's role is to monitor Citigroup's management team and ensure that shareholders' interests are well served. Citigroup's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Citigroup's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jane Fraser, President, Chief Executive Officer of Global Consumer Banking
Duncan Phillips, Managing Director, Head - Europe
John Dugan, Independent Chairman of the Board
Michael Whitaker, Head of Enterprise Infrastructure, Operations and Technology
Paco Ybarra, Chief Executive Officer - Institutional Clients Group
Sunil Garg, Chief Executive Officer of Citibank, N.A.
David Bailin, Chief Investments
Andrew Morton, Head Markets
S Ireland, Independent Director
Mary McNiff, Chief Executive Officer - Citibank, N.A
Saul Rosen, Chief Officer
Ellen Costello, Independent Director
John Landry, Head Canada
Rohan Weerasinghe, General Counsel and Corporate Secretary
Grace Dailey, Independent Director
Deborah Wright, Independent Director
Johnbull Okpara, Chief Accounting Officer, Controller
Jeffrey Walsh, Interim Controller and Chief Accounting Officer
Sara Wechter, Head of Human Resources
Peter Babej, Chief Executive Officer - Asia Pacific
Edward Skyler, Head of Global Public Affairs
Renee James, Independent Director
Duncan Hennes, Independent Director
Karen Peetz, Chief Administrative Officer
Barbara Desoer, Chief Executive Officer - Citibank, N.A. Director
James Turley, Independent Director
Gary Reiner, Independent Director
Andrew Sieg, Head Wealth
Ernesto Leon, Independent Director
W Hu, Chief Risk Officer
Brent McIntosh, General Counsel, Corporate Secretary
Robert Walsh, Interim Officer
Gordon DeKuyper, Head Bank
Ernesto Cantu, Chief Executive Officers - Latin America
Tim Ryan, Head Enablement
John Pollart, Managing Equities
Diana Taylor, Independent Director
Anand Selvakesari, Chief Executive Officer - Personal Banking and Wealth Management
Peter Henry, Independent Director
Sanford Weill, Chairman Advisor
Munir Nanji, Head Republic
Mark Mason, Chief Financial Officer
Michael Corbat, Chief Executive Officer, Director
Achintya Mangla, Head Financing
Manolo Falco, CoHead Banking
Jennifer Landis, Head Relations
Alexander Wynaendts, Independent Director
David Livingstone, Chief Executive Officer - Europe, Middle East and Africa
Lew Jacobs, Independent Director
Engineer Cant, Chief America
Zdenek Turek, Chief Risk Officer

Citigroup Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Citigroup a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citigroup. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Citigroup Stock refer to our How to Trade Citigroup Stock guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Citigroup. If investors know Citigroup will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Citigroup listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Earnings Share
5.92
Revenue Per Share
36.345
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0034
The market value of Citigroup is measured differently than its book value, which is the value of Citigroup that is recorded on the company's balance sheet. Investors also form their own opinion of Citigroup's value that differs from its market value or its book value, called intrinsic value, which is Citigroup's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Citigroup's market value can be influenced by many factors that don't directly affect Citigroup's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Citigroup's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citigroup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citigroup's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.