Michael Corbat Bio | Wiki
Michael Corbat ( Full Name: Michael Louis “Mike” Corbat) is a popular American banker who joined the JHMR board of directors in October 2021 after retiring from Citigroup after 38 years. He works on the Citigroup Board of Directors. He worked as the chief executive officer of Citigroup from 2012 through 2021. Michael’s 2012 welcome from The New York Times described him as a “Jack-of-All-Trades”.
In 2022, Michael joined as a Senior Advisor to 26North Partners, a private investment firm, and founded Teton Advisors LLC, a private consulting business. Since September 2022, Michael Corbat has worked as a consultant to Chubb’s Board of Directors (whose role will terminate as of the Annual General Meeting). He worked at Citi or its predecessor companies for his entire career, beginning with Salomon Brothers.
Michael was named CEO of Europe, Middle East, and Africa (EMEA) in 2011 where he oversaw all Citi operations in the region. In October 2012, Michael was appointed CEO of Citi following Vikram Pandit’s resignation. In September 2020, Citigroup reported Michael’s retirement, to be effective in February 2021. Jane Fraser was named to assume CEO after Michael, becoming the First Female CEO of a Top-Tier Investment Bank.
Michael Corbat Age
Michael was born on May 2, 1960, in Bristol, Connecticut, in the United States. He is 63 years old. Michael celebrates his birthday on May 2, every year.
Michael Corbat Height
He is a man of above-average stature. Michael stands at a height of 5 ft 9 in ( Approx. 1. 75m ).
Michael Corbat Parents
He was born in Bristol, Connecticut, to his parents. Michael holds American nationality. Presently, Michael has not disclosed any details regarding his parents to thr public.
Michael Corbat Wife
Michael is married to his wife Donna. The couple live in Wilson and have two married children Brian and Allison and three grandchildren.
Michael Corbat Education
He graduated from Harvard University in 1983 earning a Bachelor of Arts degree in economics, where Michael also played offensive guard for the school’s football team. In 1982, Michael was a two-time all-Ivy League and was selected as the first-team College Football All-America Team in NCAA Division I-AA. In 1975, Michael was the first Harvard player to be selected since Dan Jiggetts.
Michael Corbat CITI | Citigroup | Citibank | CEO Citibank
He worked as Chief Executive Officer of Citigroup Inc. (global banking and financial services) from October 2012 through March 2021. Michael held a number of key executive management positions in his nearly 40-year career at Citigroup, in which he got experience in substantially all of Citi’s business operations, such as Chief Executive Officer of Europe, Middle East, and Africa from December 2011 until October 2012, Chief Executive Officer of Citi Holdings from January 2009 through December 2011, Chief Executive Officer of Citi Global Wealth Management from September 2008 through January 2009, and before that Head of the Global Corporate and Global Commercial Bank and Head of the Global Relationship Bank.
Michael Corbat Office | Wyoming
He joined the JHMR board of directors in October 2021 following retiring from Citigroup after 38 years where he led as CEO from 2012 to 2021. Michael leveraged Citi’s unique global network to work with its institutional and consumer banking clients with an emphasis on strong execution and exceptional client experience. In the process, he made Citi a simpler, smaller, safer, and stronger institution and significantly improved the quality and consistency of Citi’s earnings.
Michael Corbat House
He also owns a 6,300-square-foot house in Wilson, Wyoming. The house was estimated to be worth $3.7 million in 2010, as per the real estate website Trulia. Michael is also listed as the owner of a 4-bedroom, 1-and-a-half-bath, 3,500-square-foot Manhattan apartment on Central Park West. The home has a fireplace and exposed wood beams in the living room. But Michael doesn’t appear to live there. As per the real estate website Streeteasy, the home was rented out in March for $33,000 a month.
Michael Corbat Salary
He earns a satisfying amount from his work as a banker who joined the JHMR board of directors in October 2021 after retiring from Citigroup after 38 years. Michael’s average salary is $1 million.
Michael Corbat Net Worth
Michael gets his wealth from his work as a banker who joined the JHMR board of directors in October 2021 after retiring from Citigroup after 38 years. Therefore, Michael has accumulated a decent fortune over the years. Michael’s net worth is $30 million.
How Much Does Michael Corbat Make
Michael’s net worth is $30 million due to his work as a banker who joined the JHMR board of directors in October 2021 after retiring from Citigroup after 38 years.
How Old Is Michael Corbat
Michael is a 63-year-old who was born on May 2, 1960, in Bristol, Connecticut, in the United States. Michael celebrates his birthday on May 2, every year.
Who Is Michael Corbat
He was a Chief Executive Officer of Citigroup. Michael has been at Citi and its predecessor companies since his graduation from Harvard University in 1983. He previously worked as an executive committee member of the Partnership for New York City, Chairman of The Clearing House Association Supervisory Board, Vice Chairman of the Financial Services Forum as well as board member of the Bank Policy Institute. Michael has also been honored by many civic and cultural organizations.