Charles Prince
Charles Prince
Charles Owen "Chuck" Prince IIIis an American former chairman and chief executive of Citigroup. He succeeded Sandy Weill as the chief executive of the firm in 2003, and as the Chairman of the Board in 2006. On November 4, 2007 he retired from both his chairman and chief executive duties due to unexpectedly poor 3rd quarter performance, mainly due to CDO and MBS related losses, while still receiving a $38m pay package...
ProfessionEntrepreneur
Date of Birth13 January 1950
ambitious best business caliber carefully company decisions dedication experience future given growth lead leaders leverage management needs pace plans proud respond reviewing strategic strong structure support talent team within
We have ambitious plans for the future and significant growth opportunities for our company, and we have been carefully reviewing how we can best leverage the talent and experience within our management team in support of our goals. This is a strong management structure and a strong management team to lead our company given the needs of our business and the accelerated pace at which we must make strategic decisions and respond to the needs of our customers. I am proud of the caliber of our next-generation of leaders and their dedication to our future.
company daily doubt extra rise true
In this new world in which we all live, as we go about our daily lives, we need to be extra vigilant, ... That's true for the company and true for each of us as individuals. I have no doubt we'll rise to the occasion.
almost andrew asia built career company continued depth forward further giving global growth immensely impressive knowledge large leading nearly ourselves pacific position profitable record regions spent success tremendous valuable year
Andrew has built an impressive record of success, leading initiatives that have made Dow a large and profitable company that is positioned for further success in diversified global markets. Nearly two-thirds of his almost 30 year career at Dow has been spent in the Asia Pacific region, giving him a tremendous depth of knowledge that will be immensely valuable to us as we position ourselves for continued growth in this and other regions of the globe. We look forward to his contributions.
clearly extending focus franchise
We have said pretty clearly that our focus is on extending the franchise transactions.
mix shift strongly
We are going to shift the mix strongly to international.
consumer continues expanding face franchise good interest pricing rate
Our U.S. consumer franchise continues to face a challenging interest rate and pricing environment. I feel very good about how we're expanding internationally.
expand helping jim peacemaker
Jim is really going to be helping us expand the footprint. We don't need a peacemaker internally.
type
We're not going to do big, complicated deals. We are going to do string-the-pearls, extend-the-franchise type of deals.
business consumer grow opportunity
We have the opportunity to grow the consumer business dramatically.
town
No town of 300,000 wouldn't have a jail.
capital corporate driven excellent markets performance
excellent performance in our corporate and capital markets driven businesses.
america growth north revenue softer
We've had softer revenue growth in North America than we want. This is something that I think we can do better.
america expect growth north revenue softer
We've had softer revenue growth in North America than we want, ... I expect we're going to do a better job.
across banking consumer continued corporate customer equity fixed generate grew growth including income increased investment record revenue robust services smith strong volume
Corporate and investment banking revenues increased 35%, including record revenues in transaction services and strong revenue growth across fixed income markets, equity markets, and investment banking, ... In Smith Barney, revenues grew 13%. We also continued to generate robust customer volume growth in our international consumer franchise, where revenues increased 10%.