John Cunningham Dugan serves as Independent Chairman of the Board of the Company. Mr. Dugan is an experienced former banking regulator and former law firm partner and has been nominated to serve on the Board because of his extensive skills and knowledge in the areas of Risk Management, Financial Services, Legal Matters, Corporate Governance, and Regulatory and Compliance. Because Citi operates in a highly regulated industry, having Board members like Mr. Dugan, with valuable expertise and perspective in regulatory, legal, and compliance matters, is vital to enhancing the Board’s oversight of the Company. During his tenure as Comptroller of the Currency, Mr. Dugan led the agency through the financial crisis and the ensuing recession that resulted in numerous regulatory, supervisory, and legislative actions for national banks. As a former partner at Covington & Burling LLP, Mr. Dugan advised financial institution clients, including boards of directors, on a range of issues arising from increased regulatory requirements resulting from the financial crisis, including the implementation of the Dodd-Frank Act. In the international arena, Mr. Dugan developed important expertise and insights from serving on the Basel Committee on Banking Supervision as it formulated the “Basel III” regulatory standards; chairing the Joint Forum of banking, securities, and insurance supervisors; performing an active role at the Financial Stability Board; and serving as a member of the Global Advisory Board of Mitsubishi UFJ Financial Group, Inc. Mr. Dugan also developed valuable perspective on accounting issues from his five years of service as Trustee of the Financial Accounting Foundation, which oversees the Financial Accounting Standards Board and the Government Accounting Standards Board.
As the Independent Chairman of the Board of Citigroup Inc, the total compensation of John Dugan at Citigroup Inc is $725,000. There are 11 executives at Citigroup Inc getting paid more, with Michael Corbat having the highest compensation of $25,508,800.
John Dugan is 64, he's been the Independent Chairman of the Board of Citigroup Inc since 2019. There are 8 older and 27 younger executives at Citigroup Inc. The oldest executive at Citigroup Inc is Sanford I. Weill, 87, who is the Chairman Emeritus and Sr. Advisor.
John's mailing address filed with the SEC is CITIGROUP INC. CORPORATE LAW DEPT., 388 GREENWICH STREET, NEW YORK, NY, 10013.
Over the last 7 years, insiders at Citigroup Inc have traded over $17,196,232 worth of Citigroup Inc stock. The most active insiders traders include Gary M Reiner, Mark Mason e Renee Jo James. On average, Citigroup Inc executives and independent directors trade stock every 44 days with the average trade being worth of $830,793. The most recent stock trade was executed by Michael Whitaker on 27 August 2019, trading 7,500 units of C stock currently worth $465,225.
Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002.
Citigroup Inc executives and other stock owners filed with the SEC include: