• 17 Dec 2007 at 5:06 PM
  • Citigroup

Callahan Gets The Citigroup CAO Job

Don Callahan, best bud with new Citigroup head honcho Vikram Pandit from their days at Morgan Stanley, has been appointed to replace the Citi’s departing chief administrative officer.
According to Bloomberg, the Morgan Stanley boys are spreading all over Citi.

Callahan is one of at least three of Pandit’s former associates from Morgan Stanley to take on management roles at Citigroup. Others include John Havens, who succeeded Pandit as head of the alternative investment business, and Guru Ramakrishnan, now CEO of Old Lane, which remains as a hedge fund managed within the alternative investments unit.

Citigroup’s Pandit Taps Callahan for Administration [Bloomberg]

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  1. Posted by Calgary Schmooze | December 17, 2007 at 6:56 PM

    “I know what you’re thinking. “Did he fire six shots or only five?” Well, to tell you the truth, in all this excitement I kind of lost track myself…”
    The Dirty Harry Callahan quote might be revised by replacing “shots” with “dozens”, “hundreds” or “thousands” (or some combination thereof) by the time the housecleaning is complete.

  2. Posted by anon4life | December 17, 2007 at 8:49 PM

    I’m surprised that no one mentioned that the last thing Citigroup needs right now is another Guru …. yarf, I love Indian names!

  3. Posted by StockOperator | December 18, 2007 at 9:31 AM

    Hmmm … Prince, Pundit, Guru and a Sheikh.
    The next hire will probably be Cinderella ?