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John S. Reed

From open-encyclopedia.com - the free encyclopedia.

John Shepard Reed is the Chairman of the New York Stock Exchange. He was previously Chairman and CEO of Citicorp, Citibank, and post-merger, Citigroup.

He was born in 1939 in Chicago, Illinois, and raised in Argentina and Brazil. He earned his undergraduate degree from Washington & Jefferson College and his MBA from the MIT Sloan School of Management.

He was heavily responsible for pushing for the adoption of the ATM around the country, and led Citicorp through a perilous period in the early 90's. He was approached by Sandy Weill to merge with Travelers Group and the result was Citigroup. He was later ousted in a mangement shakeup.

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