More on Citigroup (C): In addition to Pandit's departure, COO John Havens is also stepping down....

|About: Citigroup Inc. (C)|By:, SA News Editor

More on Citigroup (C): In addition to Pandit's departure, COO John Havens is also stepping down. The board selects Michael Corbat - who previously served as the bank's CEO of Europe, Middle East and Africa - as new Citigroup CEO. Havens had been planning to retire at year's end, but given Pandit's move, decided now was the time. (PR)