Citigroup appoints Nicole Giles as CAO and Controller; $13.7M in replacement equity

CITIGROUP INC

Nicole Giles, 53, named Chief Accounting Officer effective Feb 21, 2025, and Controller immediately.
Giles joins from J.P. Morgan, where she served as CFO of Commercial & Investment Banking.
Base salary of $500,000/year; receives ~$13.7M in replacement deferred equity/cash vesting through Jan 2029.
Giles replaces Robert Walsh (interim CAO) and Patrick Scally (interim Controller) effective Feb 21, 2025.

item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Nicole Giles

Chief Accounting Officer

C · CITIGROUP INC

Effective: 2025-02-21
Filed: February 18, 2025, 6:59 PM ET

On February 13, 2025, Nicole Giles was appointed Chief Accounting Officer of Citigroup Inc. (Citi), effective as of February 21, 2025, and Controller of Citi, effective immediately.

Departed (interim)

Robert Walsh

Interim Chief Accounting Officer

C · CITIGROUP INC

Effective: 2025-02-21
Successor: Nicole Giles
Filed: February 18, 2025, 6:59 PM ET

Ms. Giles will replace Robert Walsh, who will step down as Citi’s interim Chief Accounting Officer, effective as of February 21, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Nicole Giles was appointed as Chief Accounting Officer at CITIGROUP INC.

Action: appointed
Role: Chief Accounting Officer

Exact text from the filing

On February 13, 2025, Nicole Giles was appointed Chief Accounting Officer of Citigroup Inc. (Citi), effective as of February 21, 2025, and Controller of Citi, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Walsh departed as Interim Chief Accounting Officer at CITIGROUP INC.

Action: step down
Role: Interim Chief Accounting Officer

Exact text from the filing

Ms. Giles will replace Robert Walsh, who will step down as Citi’s interim Chief Accounting Officer, effective as of February 21, 2025.

View on SEC.gov

CITIGROUP INC filing history →

Source: SEC EDGAR

accession 0001104659-25-014780

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