Citigroup's ICG CEO Paco Ybarra to retire in H1 2024

CITIGROUP INC

Paco Ybarra, CEO of Institutional Clients Group, announced retirement effective first half of 2024.
Exact retirement date to be determined; no successor named in the filing.
Ybarra has led ICG, which houses Citi's trading and investment banking businesses.
This is a planned retirement, not an abrupt departure.

item 5.02 item 9.01

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Departed

Paco Ybarra

Chief Executive Officer of the Institutional Clients Group

C · CITIGROUP INC

Filed: August 3, 2023, 7:59 PM ET

On August 2, 2023, Paco Ybarra, Chief Executive Officer of the Institutional Clients Group , announced that he plans to retire from Citigroup, Inc., effective in the first half of 2024 on a date to be determined.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Paco Ybarra departed as Chief Executive Officer of the Institutional Clients Group at CITIGROUP INC.

Action: retire
Role: Chief Executive Officer of the Institutional Clients Group

Exact text from the filing

On August 2, 2023, Paco Ybarra, Chief Executive Officer of the Institutional Clients Group , announced that he plans to retire from Citigroup, Inc., effective in the first half of 2024 on a date to be determined.

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Source: SEC EDGAR

accession 0001410578-23-001534

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