Citizens Financial Group Announces Appointment of Claude E. Wade to Board of Directors; Wendy Watson to Retire
Citizens Financial Group (NYSE: CFG) has appointed Claude E. Wade to its Board of Directors, effective March 1, 2025. Wade, with over 30 years of experience in operational, strategy, and innovation roles, will serve on the Board's Risk Committee. He is currently the executive vice president, Chief Digital Officer and Global Head of Business Operations and Global Head of Claims at AIG.
The appointment will temporarily expand the Citizens Board to 14 directors. Concurrently, Wendy Watson, who has served on the Board since 2010, will retire after her current term expires in April 2025. Watson currently chairs the Audit Committee and is a member of the Risk Committee and the Compensation and Human Resources Committee.
Citizens Financial Group reported $219.9 billion in assets as of June 30, 2024. The company offers a range of retail and commercial banking products and services across approximately 3,300 ATMs and 1,000 branches in 14 states and the District of Columbia.
Citizens Financial Group (NYSE: CFG) ha nominato Claude E. Wade nel suo Consiglio di Amministrazione, con effetto dal 1 marzo 2025. Wade, con oltre 30 anni di esperienza in ruoli operativi, strategici e di innovazione, farà parte del Comitato per il Rischio del Consiglio. Attualmente è vicepresidente esecutivo, Chief Digital Officer e Capo Globale delle Operazioni Aziendali e Capo Globale dei Reclami presso AIG.
La nomina espanderà temporaneamente il Consiglio dei Citizen a 14 membri. Contestualmente, Wendy Watson, che fa parte del Consiglio dal 2010, si ritirerà dopo la scadenza del suo attuale mandato nell'aprile 2025. Watson attualmente presiede il Comitato di Revisione e è membro del Comitato per il Rischio e del Comitato per la Compensazione e le Risorse Umane.
Citizens Financial Group ha riportato 219,9 miliardi di dollari in attivi al 30 giugno 2024. L'azienda offre una gamma di prodotti e servizi bancari al dettaglio e commerciali attraverso circa 3.300 bancomat e 1.000 filiali in 14 stati e nel Distretto di Columbia.
Citizens Financial Group (NYSE: CFG) ha nombrado a Claude E. Wade en su Junta Directiva, con efecto desde el 1 de marzo de 2025. Wade, con más de 30 años de experiencia en roles operativos, estratégicos e innovadores, servirá en el Comité de Riesgos de la Junta. Actualmente es vicepresidente ejecutivo, Director Digital y Jefe Global de Operaciones Comerciales y Jefe Global de Reclamos en AIG.
El nombramiento expandirá temporalmente la Junta de Citizens a 14 directores. Al mismo tiempo, Wendy Watson, quien ha servido en la Junta desde 2010, se retirará una vez que expire su actual mandato en abril de 2025. Watson actualmente preside el Comité de Auditoría y es miembro del Comité de Riesgos y del Comité de Compensación y Recursos Humanos.
Citizens Financial Group reportó 219.9 mil millones de dólares en activos a partir del 30 de junio de 2024. La compañía ofrece una variedad de productos y servicios bancarios minoristas y comerciales a través de aproximadamente 3,300 cajeros automáticos y 1,000 sucursales en 14 estados y el Distrito de Columbia.
Citizens Financial Group (NYSE: CFG)는 Claude E. Wade를 이사로 임명했습니다, 2025년 3월 1일부로 효력이 발생합니다. Wade는 운영, 전략 및 혁신 분야에서 30년 이상의 경험을 보유하고 있으며 이사회 리스크 위원회에서 활동하게 됩니다. 현재 그는 AIG에서 부사장, 디지털 책임자 및 글로벌 비즈니스 운영 책임자 및 글로벌 청구 책임자로 활동하고 있습니다.
이번 임명으로 Citizens 이사회는 14명의 이사로 일시적으로 확대됩니다. 동시에, 2010년부터 이사로 재직한 Wendy Watson은 2025년 4월 현재 임기가 만료된 후 은퇴할 예정입니다. Watson은 현재 감사 위원회를 주재하고 있으며 리스크 위원회 및 보상과 인사 위원회의 일원입니다.
Citizens Financial Group은 2024년 6월 30일 기준 2,199억 달러의 자산을 보고했습니다. 이 회사는 약 3,300개의 현금 자동 인출기와 1,000개의 지점을 통해 14개 주와 컬럼비아 특별구에서 소매 및 상업 은행 제품 및 서비스를 제공합니다.
Citizens Financial Group (NYSE: CFG) a nommé Claude E. Wade au sein de son Conseil d'Administration, prenant effet le 1er mars 2025. Wade, qui possède plus de 30 ans d'expérience dans des rôles opérationnels, stratégiques et d'innovation, fera partie du Comité des Risques du Conseil. Il est actuellement vice-président exécutif, responsable numérique et directeur mondial des opérations commerciales et des réclamations chez AIG.
La nomination étendra temporairement le Conseil de Citizens à 14 administrateurs. Parallèlement, Wendy Watson, qui siège au Conseil depuis 2010, prendra sa retraite à l'expiration de son mandat actuel en avril 2025. Watson est actuellement présidente du Comité d'Audit et membre du Comité des Risques ainsi que du Comité de Rémunération et des Ressources Humaines.
Citizens Financial Group a reporté 219,9 milliards de dollars d'actifs au 30 juin 2024. L'entreprise propose une gamme de produits et services bancaires de détail et commerciaux à travers environ 3 300 distributeurs automatiques et 1 000 succursales dans 14 États et le District de Columbia.
Citizens Financial Group (NYSE: CFG) hat Claude E. Wade in den Vorstand berufen, mit Wirkung zum 1. März 2025. Wade bringt über 30 Jahre Erfahrung in operativen, strategischen und Innovationsrollen mit und wird im Risikocommittee des Vorstands tätig sein. Derzeit ist er geschäftsführender Vizepräsident, Chief Digital Officer und Global Head of Business Operations sowie Global Head of Claims bei AIG.
Die Ernennung wird das Board von Citizens vorübergehend auf 14 Direktoren erweitern. Gleichzeitig wird Wendy Watson, die seit 2010 im Board tätig ist, nach Ablauf ihrer aktuellen Amtszeit im April 2025 zurücktreten. Watson leitet derzeit das Prüfungskomitee und ist Mitglied des Risikocomitees sowie des Ausschusses für Vergütung und Personal.
Citizens Financial Group hat am 30. Juni 2024 Vermögenswerte von 219,9 Milliarden Dollar gemeldet. Das Unternehmen bietet eine Vielzahl von Retail- und Commercial-Banking-Produkten und -dienstleistungen über etwa 3.300 Geldautomaten und 1.000 Filialen in 14 Bundesstaaten und im District of Columbia an.
- Appointment of Claude E. Wade, bringing extensive experience in digital innovation and financial services
- Temporary expansion of the Board to 14 directors, potentially bringing more diverse perspectives
- Strong asset position with $219.9 billion as of June 30, 2024
- Extensive network of approximately 3,300 ATMs and 1,000 branches across 14 states and D.C.
- Retirement of long-serving board member Wendy Watson, potentially losing valuable experience and institutional knowledge
Wade, who has over 30 years of operational, strategy and innovation roles, primarily with Fortune 100 companies, serves as executive vice president, Chief Digital Officer and Global Head of Business Operations and Global Head of Claims at AIG, overseeing its business operations, claims, data, innovation and digital teams. Prior to joining AIG in 2021, he served as BlackRock’s Global Head of Client Experience and Head of the Atlanta Innovation Hub where he was responsible for reshaping the global distribution ecosystem and improving the digital experience for BlackRock clients, revenue retention and efficiency improvements.
“We are pleased to welcome Claude to our board of directors,” said Chairman and Chief Executive Officer Bruce Van Saun. “He has a proven track record of embracing new technologies and delivering innovative solutions to customers. He brings broad expertise and valuable insights to the Board given his 30-plus year career in financial services with major financial institutions.”
Citizens also announced that Wendy Watson will retire from the Board after her current term expires at the annual meeting of shareholders in April 2025. Watson, who has served on the Board since 2010, currently serves as chair of the Audit Committee and is a member of the Risk Committee and the Compensation and Human Resources Committee. She has reached the mandatory retirement age under the company’s Corporate Governance Guidelines.
Added Van Saun: “I would like to express my deep appreciation to Wendy for her strong leadership of the Audit Committee and invaluable contributions since joining our board in 2010 -- a highly successful and transformative period for Citizens.”
Prior to BlackRock, Wade spent approximately eight years with Marsh LLC and Guy Carpenter & Company, both operating subsidiaries of Marsh McLennan, in multiple leadership roles. Wade is a Lean Six Sigma Black Belt & Certified Agile Scrum Master. He received his MBA from
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with
View source version on businesswire.com: https://www.businesswire.com/news/home/20240920085200/en/
Media: Peter Lucht - 781.655.2289
Investors: Kristin Silberberg - 203.900.6854
Source: Citizens Financial Group
FAQ
When will Claude E. Wade join the Citizens Financial Group (CFG) Board of Directors?
What is Claude E. Wade's current role before joining CFG's board?
When will Wendy Watson retire from the Citizens Financial Group (CFG) Board?
What was Citizens Financial Group's (CFG) total asset value as of June 30, 2024?
