Charles "Chuck" Prince

Charles "Chuck" Prince is an American businessman known for his tenure as the CEO of Citigroup from 2003 to 2007. Under his leadership, Citigroup expanded significantly but also faced criticism for its risk-taking during the financial crisis. Prince's approach emphasized aggressive growth, but this strategy contributed to the bank's struggles during the 2008 financial meltdown. He is often associated with corporate governance discussions due to the challenges faced by major financial institutions during that period. After resigning in 2007 amid mounting losses, Prince's legacy is viewed as a cautionary tale about risk management in finance.