Summary
Citigroup Inc. announced a significant addition to its Board of Directors with the election of Jonathan Moulds, effective June 16, 2025. Mr. Moulds brings extensive experience from his previous roles as Chief Operating Officer of Barclays PLC and various positions at Bank of America Corporation, as well as his current role as Chair of Citigroup Global Markets Limited. His appointment to the Risk Management Committee and Transformation Oversight Committee signals a continued focus on strategic oversight and operational improvement. Investors should note that Mr. Moulds has been deemed independent by the Board, aligning with NYSE standards, and there are no disclosed related-party transactions or arrangements that would indicate conflicts of interest. His compensation will follow the standard non-employee director compensation practices outlined in the company's proxy statement. This move underscores Citigroup's commitment to strengthening its governance and leveraging experienced leadership to navigate its ongoing transformation.
Key Highlights
- 1Jonathan Moulds elected as a new independent director to Citigroup's Board of Directors.
- 2Mr. Moulds appointed to the Board's Risk Management Committee and Transformation Oversight Committee.
- 3His prior experience includes COO of Barclays PLC and multiple roles at Bank of America.
- 4He currently serves as Chair of Citigroup Global Markets Limited (CGML).
- 5The Board has determined Mr. Moulds meets all independence requirements.
- 6No family relationships or related-party transactions were disclosed between Mr. Moulds and Citigroup.
- 7Mr. Moulds will receive standard compensation for non-employee directors.