Citigroup Chief Leaving

Citigroup president and chief operating officer Robert Willumstad, an 18-year veteran of the company -- and a one-time candidate for the top job at Fannie Mae -- is leaving the company.Mr. Willumstad, 59, is also leaving the Citigroup board, and he announced that he will "pursue opportunities" to lead a public company. From 2000 to 2003 he headed Citigroup's global consumer operations, which include consumer finance. Once considered a candidate to head Citigroup, Mr. Willumstad was passed over for the top job in 2003 by Sandy Weill, who chose Charles Prince to be chief executive officer. Mr. Willumstad was believed to be a finalist for the Fannie Mae CEO position, which went to interim CEO Daniel Mudd this spring.

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Career moves
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