What changed
Citi's Board of Directors elected James Flanagan as a new independent director, effective immediately. Flanagan spent nearly 40 years at PricewaterhouseCoopers, serving as Chief Operating Officer and Vice Chairman from 2014 to 2021, where he oversaw U.S. operations including human resources, information technology, finance, real estate, and risk and regulatory matters. He earlier led PwC's U.S. Financial Services practice, a $4 billion business, and currently serves on the boards of Integer Holdings Corporation and Cyabra, Inc. The appointment adds risk, operations, technology and accounting expertise to Citi's board.
Why it matters
Citi's Board of Directors elected James Flanagan as a new independent director, effective immediately. Flanagan spent nearly 40 years at PricewaterhouseCoopers, serving as Chief Operating Officer and