| Charles O. Prince  AKA Charles O. Prince III
Born: 13-Jan-1950
Birthplace: Lynwood, CA
Gender: Male
Race or Ethnicity: White
Sexual orientation: Straight
Occupation: Business Nationality: United States
Executive summary: CEO of Citigroup, 2003-07 Succeeded Sanford I. Weill as CEO of Citigroup in 2003.
Under Prince's watch (17 September 2004), Citigroup's license to bank in Japan was revoked after evidence of illegal conduct (money laundering, overcharging customers) was uncovered. Also under Prince's watch was $2.65 billion in payments to settle fraud claims over the WorldCom scandal. An additional $2B in payments settled the Enron claims -- examiner Neal Batson found that Citigroup actively and knowingly assisted in Enron's managing of off-the-books bookkeeping. Prince resigned from Citigroup in 2007, after the company announced it was writing down $6.5B (expected to rise to between $8B and $11B) due to the subprime mortgage collapse.
His exit package, including share awards, share options and pension entitlements, totals about $95-million. Wife: Margaret L. Wolff (attorney)
University: MA International Relations, University of Southern California
Law School: University of Southern California (1975)
Law School: Master's in Law, Georgetown University
Administrator: Trustee, Teachers College, Columbia University
Administrator: Trustee, The Juilliard School
Administrator: Trustee, Weill Cornell Medical College, Cornell University
Citigroup CEO (2003-07)
Citigroup Chairman and CEO, Global Corporate and Investment Bank (2002-03)
Citigroup COO (2001-02)
Citigroup CAO (2000-01)
Citigroup EVP (1998-2000)
Travelers Group (1993-98)
Primerica (1988-93)
Commercial Credit (1986-88)
Commercial Credit Senior VP and General Counsel (1983-86)
Commercial Credit (1979-83)
US Steel Attorney (1975-79)
Member of the Board of Citigroup (2003-07, as Chairman, 2006-07)
Member of the Board of Johnson & Johnson (2006-)
Member of the Board of Xerox (2008-)
Bush-Cheney '04
Council on Foreign Relations
The Business Council
Business Roundtable
Democratic Senatorial Campaign Committee
Friends for Harry Reid
Friends of Giuliani Exploratory Committee
Friends of Hillary
Friends of Senator D'Amato 1998 Committee
George W. Bush for President
Gore 2000
John Kerry for President
National Republican Congressional Committee
National Republican Senatorial Committee
Obama for America
Partnership for New York City Co-Chairman
Romney for President
Rudy Giuliani Presidential Committee
Transatlantic Business Dialogue US Chair
United Negro College Fund Director
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