Citi's Leadership Shuffle: Mason's Departure & Fraser's New Role
Update: 2025-11-21
Description
Citis CFO, Mark Mason, is stepping down, with Gonzalo Luchetti taking over. Mason, a 25-year veteran, will leave by the end of next year. This change is part of a broader management reshuffle, including dividing the US consumer bank and promoting Jane Fraser to board chair. Fraser received a $25 million bonus, and Citis stock has surged, indicating investor confidence in the banks future direction.
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