The Citigroup Memo

I received a copy of the following memo announcing Mitchell Habib’s departure from Citigroup from a Citigroup employee…

 

To: North America Operations & Technology Employees

From: Rich Garside

North America O&T

Date: October 25, 2006

Subject: Organizational Announcement

Today, we are announcing that Mitchell Habib, who has led our North America Information Technology function, will be leaving Citigroup on November 1^st. Mitchell has agreed to continue providing expertise and support on some key initiatives during the transition period.

Since joining the organization in June 2004, Mitchell has been instrumental in shaping the direction of Information Technology across North America. We will continue to leverage the vision, strategy, operating model and structural framework as we move forward.

Under his leadership, the team has made significant progress on multiple fronts -operational excellence, strengthening control functions, improving financial performance, simplifying the environment and defining an integrated technology roadmap for the NA Consumer Group that creates a single, common view of the customer across all operations. In addition, the team has focused on talent, education, communications and performance management. I appreciate and thank Mitchell for his contributions to the team over the past 2-plus years.

We will establish the following reporting relationships on an interim basis as we transition to a new leader:

• Jeff Saunders – RDNA, Al Evans – Cards, Virginia Bonaro – CBG (Interim), Don Eichenseer – eBusiness, Mike Gehlen – Business Intelligence and Susan Preziosa – Collections, will report to Andrew Cawood – CIO, CLG.
• Jan McManus – Resource Optimization, Brian Boyer – Site Consolidation, Beth Tate – Risk and Control, Kathie Miller – Communications and Education, and Charles Blauner – Information Security, will report to Shawn Varnadore – Chief of Staff.
• Robby LeBlanc – CFO will report to Walt Mulflur.
• Andrew and Shawn, Kevin Denneny – CTO, David McClymont – Infrastructure, and Nancy Hoover Ubal – HR, will report directly to me.

I would ask you to join me in wishing Mitchell all the best.

 

Editor’s update 10/23/07: CIO Senior Editor Kim S. Nash spoke with Habib about his management style, reputation and approach to transforming IT at Nielsen in this Q&A with him. Also read Senior Editor Stephane Overby’s article about Nielsen’s $1.2 billion outsourcing contract to Tata Consultancy Services.