1. Charles Prince continued his education, going on to receive a Master of Laws degree from Georgetown University Law Center of Georgetown University, in the Georgetown section of Washington, DC.
10 Facts About Charles Prince
1. 2.
Charles Prince started his career as an attorney with the famous longtime United States Steel Corporation in 1975.
3.
Charles Prince was promoted in 1996 to executive vice president of the firm, which at this point, was known as the Travelers Group.
4.
In 2000, shortly following the 1998 merger of the Travelers Group and Citicorp, Charles Prince was named chief administrative officer of the newly created firm, Citigroup.
5.
Charles Prince was promoted to chief operating officer in 2001, to chairman and chief executive of Citi Markets and Banking in 2002, and finally to chairman and chief executive officer.
6.
On Sunday, 4 November 2007, Charles Prince resigned from his post as CEO of Citigroup due to the failing mortgage industry.
7.
Charles Prince left with an exit bonus valued at $12.5 million, in addition to the $68 million he received in stock and options he had accumulated during his career, together with a $1.7 million pension, an office, with car and driver for up to five years.
8.
Charles Prince serves in the influential trade group the Financial Services Forum, as well as a member of the Council of Foreign Relations, the Business Roundtable, and several other organizations.
9.
Charles Prince serves as a trustee for several education institutions including the Weill Medical College, but located at Manhattan of New York City, the Teachers College of Columbia University, and The Juilliard School.
10.
Charles Prince formerly was a Senior Counselor to the Albright Stonebridge Group.