Citi (C) Chairman Will Look To Replace Five Directors

February 27, 2009 7:31 AM EST
With its preferred for common exchange announcement this morning, Citi (NYSE: C) Chairman Richard Parsons also announced that three of their 15 directors will not be standing for election at the April Annual Meeting and two will reach retirement age by the time of the Meeting. Citi is actively conducting a search and expect to announce several new directors shortly.

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