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Citi Moves Sallie Out

Stock quotes in this article: C  

Citigroup(C Quote) CEO Chuck Prince is throwing a bone to his Wall Street critics by moving Sallie Krawcheck out as CFO.

Krawcheck will become the new chairwoman and CEO of Citigroup's Global Wealth Management, which includes the bank's big Smith Barney brokerage division and stock research operation. Krawcheck will remain as CFO until a successor is named.

The new job is similar to one Krawcheck had at Citigroup before becoming CFO two years ago. ...

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