Teresa Dial - Top Executive Resignations
Name: Teresa Dial
Company: Citigroup (NYSE: C)
Former Position: CEO, Consumer Banking in North America
The End: Dial resigned Jan. 11 as CEO of Consumer Banking in North America "to devote time and attention to her personal priorities," said the company. "Terri Dial struggled to devise a turnaround strategy and lost Mr. Pandit's confidence, according to people familiar with the matter," reports the Wall Street Journal. Prior to joining Citi in March of 2008, Dial was Group Executive Director of Lloyds TSB and CEO of Lloyds TSB Retail Bank.
Update: Dial now serves as a senior advisor with Citigroup. She was replaced by Manuel Medina-Mora. According to the Wall Street Journal, Medina-Mora is already considered a leading candidate to succeed Vikram Pandit as Citi's CEO, "even though Mr. Pandit ... has no plans to relinquish his job, according to people familiar with the situation."




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