NEW YORK - July 9, 2009 Crittenden took over as chairman of Citi Holdings in March when
the New York-based bank split some of its riskier assets from its
more traditional banking business. Citi Holdings contains the
riskier assets. His departure was disclosed Thursday.
Edward Kelly, who was serving as CFO since Crittenden switched
positions, will become vice chairman of Citigroup. John Gerspach
will take over as CFO.
Eugene McQuade is joining Citigroup to serve as CEO of the
retail banking business.
Citigroup was among the hardest hit banks by the recession. It
has received $45 billion in aid from the government.
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