John S. Reed ‘61, SM ‘65, retired chairman and CEO of Citigroup and former chairman of the New York Stock Exchange, has succeeded Dana Mead, PhD ‘67, as chair of the MIT Corporation, the Institute’s governing body.
Mead announced last fall that he would step down as Corporation chair at the end of June. Reed was elected at the June 4 Corporation meeting.
Born in Chicago in 1939, Reed was raised in Argentina and Brazil, where his father was an executive with Armour. He received joint SB and BA degrees from MIT and Washington & Jefferson College before serving for two years as an officer in the U.S. Army Corps of Engineers. Reed earned his master’s degree in management from Sloan in 1965 and joined Citibank shortly thereafter.
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