Citi elects Gary Reiner, James Turley as independent directors

CitiCiti said on Monday that it elected Gary M. Reiner, the operating partner at General Atlantic, and James S. Turley, the former chairman and CEO of Ernst & Young, as new independent directors and board members.

“We are pleased to have Jim Turley and Gary Reiner join Citi’s Board of Directors,” Michael E. O’Neill, the chairman of Citi’s board of directors, said. “Mr. Turley’s extensive background at Ernst & Young and his leadership in the field of auditing make him an excellent addition to the Board and specifically to our Audit Committee. Mr. Reiner brings a deep wealth of experience from his time at a leading global corporation and will lend his expertise to key priorities across the company including increasing productivity and helping to oversee important initiatives in our Operations and Technology functions. Both of these new directors will bring considerable insight to the Board as Citi continues to leverage its unmatched global strengths.”

Before joining General Atlantic as operating partner in 2010, Reiner served as the senior vice president and CIO of General Electric from 1996. He joined GE as the vice president of corporate and business development. Reiner is also the former partner of The Boston Consulting Group and a member of Hewlett-Packard’s board of directors.

Turley led Ernst & Young from 2001 until his retirement. He joined the firm in 1977 and held a number of positions there until being named regional managing partner for the upper Midwest in 1994 and for New York in 1998. In 2000, he was named deputy chairman.

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