Duncan P. Hennes CPA serves as Independent Director of the Company. Mr. Hennes is an experienced financial services professional and has been nominated to serve on the Board because of his considerable expertise in the areas of Compensation, Financial Services, Risk Management, Financial Reporting, Institutional Business, and Regulatory and Compliance. Because Citi is an international financial services company with a significant institutional business and a need to ensure proper risk management, having an executive, like Mr. Hennes, with extensive institutional and risk management experience, enables the Board to provide knowledgeable oversight of its institutional business and its risk management function. In his role as the Co-Founder of Atrevida Partners, LLC and his prior experience at Promontory Financial Group and Bankers Trust Corporation, Mr. Hennes has developed wide-ranging skills and experience in financial services, regulatory compliance, corporate and investment banking, and securities and trading. While at Bankers Trust Corporation, Mr. Hennes was Chairman of Oversight Partners I, the consortium of 14 firms that participated in the equity recapitalization of Long-Term Capital Management. As the Chairman of Oversight Partners I, Mr. Hennes gained experience in credit and risk management, and personnel matters. In his capacity as CEO of Soros Fund Management, Mr. Hennes gained experience in investing, operational infrastructure, and trading, including arbitrage activities. Mr. Hennes’s experience as a Certified Public Accountant has also given him audit, financial reporting, and risk management expertise.
As the Independent Director of Citigroup Inc, the total compensation of Duncan Hennes at Citigroup Inc is $417,500. There are 13 executives at Citigroup Inc getting paid more, with Michael Corbat having the highest compensation of $25,508,800.
Duncan Hennes is 63, he's been the Independent Director of Citigroup Inc since 2013. There are 10 older and 26 younger executives at Citigroup Inc. The oldest executive at Citigroup Inc is Sanford I. Weill, 87, who is the Chairman Emeritus and Sr. Advisor.
Duncan's mailing address filed with the SEC is RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE, D0, HM 19.
Over the last 7 years, insiders at Citigroup Inc have traded over $17,196,232 worth of Citigroup Inc stock. The most active insiders traders include Gary M Reiner, Mark Mason oraz Renee Jo James. On average, Citigroup Inc executives and independent directors trade stock every 44 days with the average trade being worth of $830,793. The most recent stock trade was executed by Michael Whitaker on 27 August 2019, trading 7,500 units of C stock currently worth $465,225.
Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002.
Citigroup Inc executives and other stock owners filed with the SEC include: