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Michael Louis "Mike" Corbat (born May 2, 1960) is an American banker who served as the chief executive officer of Citigroup from 2012 to 2021. His 2012 welcome from The New York Times described him as a "Jack-of-All-Trades".
Sep 10, 2020 · Corbat leaves in February 2021, 18 months after naming Fraser as president and global consumer banking head. The move makes Fraser the first woman to run a major U.S. bank, amid technology glitches, stock stumbles and investor pressure.
Michael Corbat, who has led Citi for eight years, announced his plans to step down and Jane Fraser, the current President and CEO of Global Consumer Banking, will succeed him. The Board of Directors praised Corbat's achievements and elected Fraser as the new CEO, effective from February 2021.
Dec 1, 2022 · Michael Corbat, the former chief executive officer of Citigroup Inc., is joining Josh Harris’s new investment firm as a senior adviser.
Sep 15, 2020 · CEO Mike Corbat, just 60, would be stepping down as head of the third-largest US bank in February and handing the reins to the 53-year-old Jane Fraser. The change sets up Fraser to become the...
Sep 10, 2020 · Citigroup CEO Michael Corbat said he is retiring in February after eight years leading the bank, and that retail banking chief Jane Fraser will succeed him, making her the first female CEO of a...
Sep 10, 2020 · Citigroup said Thursday that its CEO, Michael Corbat, is retiring effective February 2021. His departure will conclude a 37-year run with the firm. Corbat, 60, will be replaced by Jane...
