Charles Prince | |
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Born | Charles Owen Prince III January 13, 1950 Lynwood, California, U.S. |
Education | University of Southern California (BA, MA, JD) Georgetown University (LLM) |
Occupation(s) | Corporate Executive, Lawyer |
Spouse | Margaret L. Wolff |
Charles Owen "Chuck" Prince III (born January 13, 1950) is an American corporate executive and lawyer. He is a former chairman and chief executive of Citigroup.[1] He succeeded Sandy Weill as the chief executive of the firm in 2003, and as the chairman of the board in 2006.[1] On November 4, 2007, he retired from both his chairman and chief executive duties due to unexpectedly poor 3rd quarter performance, mainly due to CDO and MBS related losses, while still receiving a $38m pay package.[2]