- Gary Crittenden
Gary Crittenden (born 1953) is the
Chief financial officer ofCitigroup , succeedingSallie Krawcheck from 12 March 2007. [http://www.businessweek.com/ap/financialnews/D8NH19C02.htm BusinessWeek: Citigroup Inc. names Gary Crittenden CFO] ] [ [http://www.nytimes.com/2007/02/26/business/26citi.html?_r=1&oref=slogin] ]Education
Crittenden holds a BS degree in management from
Brigham Young University and aMBA fromHarvard University .Career
Crittenden began his career as a consultant at
Bain and Company where he worked on various strategic projects in theUS and inGermany .He was the
CFO ofSears Roebuck and Company from 1997 and 1998. Later, he served as the CFO ofMonsanto from 1998 to 2000.Prior to joining Citigroup, Crittenden was
Executive Vice President and CFO ofAmerican Express , as well as the head of the company's Global Network Services division. At American Express, he is credited with an ambitious re-engineering effort as well as a Corporate Portfolio Management effort which aimed to optimize the enterprise's resource allocation.Crittenden was working in New York City as the CFO of American Express on September 11, 2001. His leadership skills helped orchestrate the effort to ensure that all employees of American Express were safe.
Gary Crittenden's personal life and professional career are highlighted in Jeff Benedict's "The Mormon Way of Doing Business."
In the book, "The Trillion Dollar Meltdown," author Charles R. Morris says "Gary Crittenden, Citigroup CFO, may have been the first to tell analysts the truth [about the subprime writedowns in late 2007] . At a November analysts' call, he was asked if he would confirm the truth that the writedowns were finally over. He said he could give no such assurances. His valuations of the complex instruments involved, he said, we just a 'reasonable stab' and no more indicative of 'where we are going to come out at the end of the quarter than where we would be two weeks from now.' In other words, the CFO of Citigroup "did not know how to value his holdings." (p. xi)
Personal life
Crittenden is a member of
The Church of Jesus Christ of Latter-day Saints . He has served as a bishop, [Citation | last =Crittenden | first =Gary | title = 5 Critical Decisions | journal = Marriott Alumni Magazine| volume = | issue = Summer 2008| pages = 9| date = | year = | url = | doi = | id = ] stake president, and currently serves as an area seventy.References
External links
* [http://www.forbes.com/finance/mktguideapps/personinfo/FromMktGuideIdPersonTearsheet.jhtml?passedMktGuideId=140079 Profile at Forbes.com]
* [http://knowledge.wharton.upenn.edu/article.cfm?articleid=667 Gary Crittenden on expensing stock options]
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