Former CEO of Citigroup to Speak at Davis Commencement

Former CEO of Citigroup to Speak at Davis Commencement

Sandy Weill, former Chairman and CEO of Citigroup will speak to the audience at the UC Davis Graduate School of Management commencement ceremony on June 14, 2014.

Mr. Weill is Chairman Emeritus of Citigroup and was recently appointed Chairman of Hamilton Insurance Group.  He retired as CEO of Citigroup in 2003 and served as non-executive Chairman until April 2006.

Mr. Weill, who had been Chairman and CEO of Travelers, became Chairman of its predecessor, Commercial Credit Company, in 1986, successfully leading the company through a public stock offering by its then parent, Control Data Corporation. Commercial Credit acquired Primerica Corporation in 1988 and adopted its name until 1993, when Primerica acquired The Travelers Corporation and adopted the Travelers Group name.  In 1997, the company acquired Salomon Inc. and combined it with its Smith Barney unit to form the global securities and investment firm, Salomon Smith Barney.

Prior to 1986, Mr. Weill had been President of American Express Company and Chairman and Chief Executive Officer of its Fireman’s Fund Insurance Company subsidiary.  Mr. Weill became a Director of the Federal Reserve Bank of New York in 2001 and served in this capacity until December 31, 2006.  He also served as a Director on the Boards of United Technologies Corp. from 1999 to 2003, AT&T Corp. from 1998 to 2002, and E. I. Du Pont Nemours and Company from 1998 to 2001.

The EastWest Institute awarded Mr. Weill their distinguished Corporate Leadership Award in December 2005 at an event in London with Prime Minister Tony Blair.  Mr. Weill is a lifetime member of the Council on Foreign Relations; Director of Koç Holding, headquartered in Turkey; and a member of the Board of Advisors of the Baker Institute at Rice University.

President Bush asked Mr. Weill, along with four other private sector business leaders, to lead a nationwide effort to encourage private donations for relief and reconstruction in response to the South Asia earthquake that occurred on October 8, 2005.  Working with the Committee Encouraging Corporate Philanthropy, a nonprofit forum of CEOs and Chairpersons, to which Mr. Weill was named Chairman of the Board in July 2004 and is now Honorary Chairman. Mr. Weill is also the 1997 recipient of the New York State Governor’s Art Award.

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