Citi seeks finance-savvy directors – The Wall Street Journal
01 Apr 2008
Citigroup, as it unveiled the final in a flurry of internal organizational changes, appears to be getting started on a restructuring of its board.The banking giant said in a statement on its website that its board “is actively seeking new directors” and is placing a “particular emphasis on expertise in finance and investments.”
Wow! Now there’s a novel concept! How about getting Directors on your board that have some expertise in the business they’re supposed to help guide!
There was a time when the smartest of the smart got wall street jobs. Apparently, that isn’t so true anymore.