Subject category:
Strategy and General Management
Published by:
IBS Center for Management Research
Length: 12 pages
Data source: Published sources
Topics:
Sandy Weill; CitiGroup; Charles Prince; American Express; Travelers Group; John S Reed; Citicorp; Acquisitions strategy; Citicorp-Travelers merger; Deal-making skills of Sandy Weill; Change agent; Leadership skills; Cross-selling financial services products; Power struggle; Succession planning
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Abstract
The case focuses on the life of chairman and former CEO of Citigroup Sandy Weill. The case starts with his childhood and early days on Wall Street, and describes how he created Citigroup through mergers and acquisitions. The case covers the leadership and deal-making qualities of Sandy Weill. It also covers the changes introduced by Weill in Citigroup. It describes the power struggle between Weill and Reed, and the issue of succession planning at Citigroup.
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Abstract
The case focuses on the life of chairman and former CEO of Citigroup Sandy Weill. The case starts with his childhood and early days on Wall Street, and describes how he created Citigroup through mergers and acquisitions. The case covers the leadership and deal-making qualities of Sandy Weill. It also covers the changes introduced by Weill in Citigroup. It describes the power struggle between Weill and Reed, and the issue of succession planning at Citigroup.