Former Freddie Mac president Eugene M. McQuade will join Citigroup as chief executive for Citibank N.A. Most recently, Mr. McQuade was vice chairman of Merrill Lynch and president of Merrill Lynch Banks (U.S.) from February 2008 until February 2009. Before that, he was president and chief operating officer of Freddie Mac for three years starting in August 2004; he declined to seek renewal of his contract when it expired in September 2007. Mr. McQuade served as president of Bank of America Corp. after it acquired FleetBoston Corp. where he had been president and COO. He joined Fleet in 1992 and became chief financial officer in 1993, vice chairman in 1997 and president and COO in 2002.
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