AP Photos: Corbat latest in line of Citigroup CEOs
By The Associated Press?
?By The Associated PressThis undated image provided by the Libary of Congress shows Samuel Osgood. In 1812 Osgood was elected the first president of the newly formed City Bank of New York, which later became Citibank, and then Citigroup. Citigroup announced on Tuesday, Oct. 16, 2012, that Michael Corbat will take over the bank that got its first big break by helping the U.S. cover debts after the War of 1812. (AP Photo/Library Congress)
This undated image provided by the Libary of Congress shows Samuel Osgood. In 1812 Osgood was elected the first president of the newly formed City Bank of New York, which later became Citibank, and then Citigroup. Citigroup announced on Tuesday, Oct. 16, 2012, that Michael Corbat will take over the bank that got its first big break by helping the U.S. cover debts after the War of 1812. (AP Photo/Library Congress)
FILE - This undated file image shows William Few. Few was the President of the City Bank of New York from 1813-1817. Citigroup announced on Tuesday, Oct. 16, 2012, that Michael Corbat will be the latest to run the bank that got its first big break by helping the U.S. cover debts after the War of 1812. (AP Photo)
FILE - In this undated file photo, the President of what was then National City Bank, later to become Citigroup, Charles E. Mitchell, left, and his wife pose for a photo. Nicknamed "Sunshine Charlie," Mitchell helped fuel a dramatic increase in the sale of financial securities of National City Bank, including bank shares that would sink in the 1929 crash. Citigroup announced on Tuesday, Oct. 16, 2012, that Michael Corbat will take over the bank that got its first big break by helping the U.S. cover debts after the War of 1812. (AP Photo/File)
FILE - This 1959 file photo shows George S. Moore, president of the First National City Bank, in New York City.Through the 1930s and 40s, Citigroup, by then called National City Bank, survived as a typical bank with mostly domestic assets. It grew with occasional acquisitions. After World War II, though, the company returned to faster growth under James Stillman Rockefeller, George Moore and Walter Wriston. Citigroup announced on Tuesday, Oct. 16, 2012, that Michael Corbat will take over the bank that got its first big break by helping the U.S. cover debts after the War of 1812. (AP Photo/File)
FILE - In this Jan. 24, 1982, file photo, Walter Wriston, chairman of the board of Citibank, appears on CBS-TV's "Face The Nation," in Washington. Through the 1930s and 40s, Citigroup, by then called National City Bank, survived as a typical bank with mostly domestic assets. It grew with occasional acquisitions. After World War II, though, the company returned to faster growth under James Stillman Rockefeller, George Moore and Walter Wriston. Citigroup announced on Tuesday, Oct. 16, 2012, that Michael Corbat will take over the bank that got its first big break by helping the U.S. cover debts after the War of 1812. (AP Photo)
As Michael Corbat prepares to take the helm as chief executive officer of Citigroup, he follows in the footsteps of leaders who have kept the bank afloat for 200 years.
Samuel Osgood was the first to oversee the fledgling institution when it was founded to help the U.S. cover debts after the War of 1812.
Osgood was followed by William Few as the president of the City Bank of New York, which is known today as Citigroup.
The men who followed him led the bank through major innovations from its experimentation with rudimentary ATMs in 1939 through its 1998 merger with Travelers Group.
The bank is still recovering from the 2008 financial crisis that nearly led to its collapse.
Here's a look at some of the faces of the company's chief executives.
Associated Presshuman nature arkansas football howard johnson blackhawks levon helm firelight world peace elbow
No comments:
Post a Comment