New York, N.Y., USA - March 21, 2009, New York, N.Y., USA - Citigroup has announced two senior management changes: Gary Crittenden, previously Chief Financial Officer, has been named to the newly created role of Chairman of Citi Holdings, and Edward Kelly, previously the Head of Global Banking, will assume the role of Chief Financial Officer.
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Mr. Crittenden graduated with a BS from Brigham Young University in 1976 and an MBA from Harvard Business School in 1979.
Mr. Crittenden began his career in consulting at Bain & Company, an international management consulting firm, working on a range of strategic projects in the U.S. and Europe.
Mr. Crittenden has been Chief Financial Officer of Citi since March 2007, where he was responsible for the financial management of the company in addition to Strategy & M&A and Productivity & Reengineering.
He is a member of Citi's Senior Leadership and Executive Committees and is a business sponsor of Citi's Working Parents Network - NYC.
Before joining Citi as CFO, Mr. Crittenden was Executive Vice President, CFO, and Head of Global Network Services at American Express from 2000 to 2007.
Prior to American Express, Mr. Crittenden was CFO of Monsanto and Sears, Roebuck & Company.
Mr. Kelly received his bachelor's degree from Princeton University and his J.D. from the University of Virginia School of Law.
Mr. Kelly was previously Head of Global Banking, Citi Private Bank and President and Chief Executive Officer of Citi Alternative Investments (CAI) in Citi's Institutional Clients Group. He is a member of Citi's Senior Leadership and Executive Committees.
Prior to joining CAI in February 2008, Mr. Kelly was a Managing Director at The Carlyle Group, a private investment firm.
Prior to joining Carlyle in July 2007, he was a Vice Chairman at The PNC Financial Services Group following PNC's acquisition of Mercantile Bankshares Corporation in March 2007.
He was Chairman, Chief Executive and President of Mercantile from March 2003 through March 2007 and Chief Executive and President from March 2001 to March 2003.
Before Mercantile, Mr. Kelly held senior investment banking positions at J.P. Morgan and was a partner at the law firm of Davis Polk & Wardwell.
Mr. Kelly currently serves on the Boards of Directors of The Hartford Financial Services Group and CSX Corporation. ■
Mr. Kelly received his bachelor's degree from Princeton University and his J.D. from the University of Virginia School of Law.