STOCK TITAN

[8-K] Citigroup Inc. Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Citigroup Inc. filed a Form 8-K to disclose a board change effective June 16, 2025. The Board elected Jonathan Moulds—currently Chair of Citigroup Global Markets Limited and former COO of Barclays PLC—to serve as an independent director. He will join the Board’s Risk Management Committee and Transformation Oversight Committee. The filing confirms no family relationships, related-party transactions, or selection arrangements. Mr. Moulds will receive standard non-employee director compensation as outlined in Citigroup’s March 18, 2025 proxy statement. A press release announcing the appointment is furnished as Exhibit 99.1, and updated listings of securities registered under Section 12(b) are provided in Exhibit 99.2.

Citigroup Inc. ha presentato un modulo 8-K per comunicare una modifica nel consiglio di amministrazione con effetto dal 16 giugno 2025. Il Consiglio ha nominato Jonathan Moulds—attualmente Presidente di Citigroup Global Markets Limited e ex COO di Barclays PLC—come direttore indipendente. Entrerà a far parte del Comitato di Gestione del Rischio e del Comitato di Supervisione della Trasformazione. La comunicazione conferma l'assenza di rapporti familiari, operazioni con parti correlate o accordi di selezione. Il Sig. Moulds riceverà la normale retribuzione prevista per i direttori non dipendenti, come indicato nella dichiarazione proxy di Citigroup del 18 marzo 2025. Un comunicato stampa che annuncia la nomina è allegato come Exhibits 99.1, mentre gli elenchi aggiornati dei titoli registrati ai sensi della Sezione 12(b) sono forniti nell'Exhibit 99.2.

Citigroup Inc. presentó un formulario 8-K para revelar un cambio en la junta directiva efectivo a partir del 16 de junio de 2025. La Junta eligió a Jonathan Moulds, actualmente presidente de Citigroup Global Markets Limited y ex COO de Barclays PLC, para desempeñarse como director independiente. Se unirá al Comité de Gestión de Riesgos y al Comité de Supervisión de Transformación de la Junta. La presentación confirma que no existen relaciones familiares, transacciones con partes relacionadas ni acuerdos de selección. El Sr. Moulds recibirá la compensación estándar para directores no empleados, según lo detallado en la declaración de poder de Citigroup del 18 de marzo de 2025. Un comunicado de prensa anunciando el nombramiento se adjunta como Exhibición 99.1, y listados actualizados de valores registrados bajo la Sección 12(b) se proporcionan en la Exhibición 99.2.

Citigroup Inc.는 2025년 6월 16일부로 이사회 변경 사항을 공개하기 위해 Form 8-K를 제출했습니다. 이사회는 현재 Citigroup Global Markets Limited의 의장이자 전 Barclays PLC COO인 Jonathan Moulds독립 이사로 선임했습니다. 그는 이사회의 위험 관리 위원회변화 감독 위원회에 합류할 예정입니다. 제출 문서에는 가족 관계, 관련 당사자 거래 또는 선임 계약이 없음을 확인했습니다. Moulds 씨는 Citigroup의 2025년 3월 18일자 위임장 보고서에 명시된 표준 비임원 이사 보수를 받게 됩니다. 임명 발표 보도 자료는 Exhibit 99.1로 제공되며, 섹션 12(b)에 따라 등록된 증권의 최신 목록은 Exhibit 99.2에 포함되어 있습니다.

Citigroup Inc. a déposé un formulaire 8-K pour annoncer un changement au conseil d'administration effectif au 16 juin 2025. Le conseil a élu Jonathan Moulds—actuellement président de Citigroup Global Markets Limited et ancien COO de Barclays PLC—en tant que directeur indépendant. Il rejoindra le Comité de gestion des risques et le Comité de supervision de la transformation du conseil. Le dépôt confirme l'absence de liens familiaux, de transactions avec des parties liées ou d'accords de sélection. M. Moulds recevra la rémunération standard des administrateurs non salariés, telle que décrite dans la déclaration de procuration de Citigroup du 18 mars 2025. Un communiqué de presse annonçant la nomination est fourni en annexe 99.1, et des listes mises à jour des titres enregistrés en vertu de la section 12(b) sont fournies en annexe 99.2.

Die Citigroup Inc. hat ein Formular 8-K eingereicht, um eine Änderung im Vorstand mit Wirkung zum 16. Juni 2025 bekannt zu geben. Der Vorstand hat Jonathan Moulds—derzeit Vorsitzender von Citigroup Global Markets Limited und ehemaliger COO von Barclays PLC—als unabhängiges Vorstandsmitglied gewählt. Er wird dem Risikomanagementausschuss und dem Transformation Oversight Committee des Vorstands beitreten. Die Einreichung bestätigt, dass keine familiären Beziehungen, Transaktionen mit verbundenen Parteien oder Auswahlvereinbarungen vorliegen. Herr Moulds erhält die übliche Vergütung für nicht angestellte Direktoren, wie im Proxy Statement von Citigroup vom 18. März 2025 beschrieben. Eine Pressemitteilung zur Bekanntgabe der Ernennung ist als Anlage 99.1 beigefügt, und aktualisierte Listen der unter Abschnitt 12(b) registrierten Wertpapiere sind in Anlage 99.2 enthalten.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Board adds seasoned independent director Jonathan Moulds; governance enhanced but limited financial impact—overall neutral.

The 8-K centers on a single governance action: appointing Jonathan Moulds to Citigroup’s board and key oversight committees. His extensive risk and operations background (ex-Barclays COO) should bolster board expertise, particularly in ongoing transformation efforts. Independence confirmation and absence of related-party ties align with NYSE standards, supporting best-practice governance. However, the event has no immediate earnings, capital, or strategic transaction implications, so material investor impact is minimal. Classification: neutral/not impactful.

Citigroup Inc. ha presentato un modulo 8-K per comunicare una modifica nel consiglio di amministrazione con effetto dal 16 giugno 2025. Il Consiglio ha nominato Jonathan Moulds—attualmente Presidente di Citigroup Global Markets Limited e ex COO di Barclays PLC—come direttore indipendente. Entrerà a far parte del Comitato di Gestione del Rischio e del Comitato di Supervisione della Trasformazione. La comunicazione conferma l'assenza di rapporti familiari, operazioni con parti correlate o accordi di selezione. Il Sig. Moulds riceverà la normale retribuzione prevista per i direttori non dipendenti, come indicato nella dichiarazione proxy di Citigroup del 18 marzo 2025. Un comunicato stampa che annuncia la nomina è allegato come Exhibits 99.1, mentre gli elenchi aggiornati dei titoli registrati ai sensi della Sezione 12(b) sono forniti nell'Exhibit 99.2.

Citigroup Inc. presentó un formulario 8-K para revelar un cambio en la junta directiva efectivo a partir del 16 de junio de 2025. La Junta eligió a Jonathan Moulds, actualmente presidente de Citigroup Global Markets Limited y ex COO de Barclays PLC, para desempeñarse como director independiente. Se unirá al Comité de Gestión de Riesgos y al Comité de Supervisión de Transformación de la Junta. La presentación confirma que no existen relaciones familiares, transacciones con partes relacionadas ni acuerdos de selección. El Sr. Moulds recibirá la compensación estándar para directores no empleados, según lo detallado en la declaración de poder de Citigroup del 18 de marzo de 2025. Un comunicado de prensa anunciando el nombramiento se adjunta como Exhibición 99.1, y listados actualizados de valores registrados bajo la Sección 12(b) se proporcionan en la Exhibición 99.2.

Citigroup Inc.는 2025년 6월 16일부로 이사회 변경 사항을 공개하기 위해 Form 8-K를 제출했습니다. 이사회는 현재 Citigroup Global Markets Limited의 의장이자 전 Barclays PLC COO인 Jonathan Moulds독립 이사로 선임했습니다. 그는 이사회의 위험 관리 위원회변화 감독 위원회에 합류할 예정입니다. 제출 문서에는 가족 관계, 관련 당사자 거래 또는 선임 계약이 없음을 확인했습니다. Moulds 씨는 Citigroup의 2025년 3월 18일자 위임장 보고서에 명시된 표준 비임원 이사 보수를 받게 됩니다. 임명 발표 보도 자료는 Exhibit 99.1로 제공되며, 섹션 12(b)에 따라 등록된 증권의 최신 목록은 Exhibit 99.2에 포함되어 있습니다.

Citigroup Inc. a déposé un formulaire 8-K pour annoncer un changement au conseil d'administration effectif au 16 juin 2025. Le conseil a élu Jonathan Moulds—actuellement président de Citigroup Global Markets Limited et ancien COO de Barclays PLC—en tant que directeur indépendant. Il rejoindra le Comité de gestion des risques et le Comité de supervision de la transformation du conseil. Le dépôt confirme l'absence de liens familiaux, de transactions avec des parties liées ou d'accords de sélection. M. Moulds recevra la rémunération standard des administrateurs non salariés, telle que décrite dans la déclaration de procuration de Citigroup du 18 mars 2025. Un communiqué de presse annonçant la nomination est fourni en annexe 99.1, et des listes mises à jour des titres enregistrés en vertu de la section 12(b) sont fournies en annexe 99.2.

Die Citigroup Inc. hat ein Formular 8-K eingereicht, um eine Änderung im Vorstand mit Wirkung zum 16. Juni 2025 bekannt zu geben. Der Vorstand hat Jonathan Moulds—derzeit Vorsitzender von Citigroup Global Markets Limited und ehemaliger COO von Barclays PLC—als unabhängiges Vorstandsmitglied gewählt. Er wird dem Risikomanagementausschuss und dem Transformation Oversight Committee des Vorstands beitreten. Die Einreichung bestätigt, dass keine familiären Beziehungen, Transaktionen mit verbundenen Parteien oder Auswahlvereinbarungen vorliegen. Herr Moulds erhält die übliche Vergütung für nicht angestellte Direktoren, wie im Proxy Statement von Citigroup vom 18. März 2025 beschrieben. Eine Pressemitteilung zur Bekanntgabe der Ernennung ist als Anlage 99.1 beigefügt, und aktualisierte Listen der unter Abschnitt 12(b) registrierten Wertpapiere sind in Anlage 99.2 enthalten.

0000831001false00008310012025-06-162025-06-160000831001us-gaap:CommonStockMember2025-06-162025-06-160000831001c:SeriesNMediumTermSeniorNotesDueSept2028Member2025-06-162025-06-160000831001c:SeriesNMediumTermSeniorNotesDueSept2026Member2025-06-162025-06-160000831001c:SeriesNMediumTermSeniorNotesDueOct2028Member2025-06-162025-06-160000831001c:SeriesNMediumTermSeniorNotesDueMar2036Member2025-06-162025-06-160000831001c:SeriesNMediumTermSeniorNotesDueMar2029Member2025-06-162025-06-160000831001c:SeriesNMediumTermSeniorNotesDueFeb2036Member2025-06-162025-06-160000831001c:SeriesNMediumTermSeniorNotesDueDec2035Member2025-06-162025-06-160000831001c:Seriesnmediumtermseniornotesdueapr2028Member2025-06-162025-06-160000831001c:CitigroupCapitalXiiiMember2025-06-162025-06-160000831001c:CitigroupCapitalIiiMember2025-06-162025-06-16

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) June 16, 2025

Citigroup Inc.

(Exact name of registrant as specified in its charter)

Delaware

1-9924

52-1568099

(State or other jurisdiction
of incorporation)

(Commission
File Number)

(IRS Employer
Identification No.)

388 Greenwich Street, New York,
New York

(Address of principal executive offices)

10013
(Zip Code)

(212559-1000

(Registrant’s telephone number,
including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934 formatted in Inline XBRL: See Exhibit 99.2

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company   

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

CITIGROUP INC.

Current Report on Form 8-K

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 16, 2025, the Board of Directors (the Board) of Citigroup Inc. (Citigroup) elected Jonathan Moulds as a director of Citigroup and appointed him to the Board’s Risk Management Committee and Transformation Oversight Committee. Mr. Moulds serves as Chair of the Board of Directors of Citigroup Global Markets Limited (CGML), Citigroup’s international broker/dealer. Mr. Moulds previously served as Chief Operating Officer of Barclays PLC and in several roles at Bank of America Corporation.

The Board determined that Mr. Moulds is independent in accordance with the director independence standards established under Citigroup’s Corporate Governance Guidelines, which are intended to comply with the New York Stock Exchange corporate governance rules, and other applicable laws, rules, and regulations. There are no family relationships between Mr. Moulds and any officer or other director of Citigroup or any related party transactions involving Mr. Moulds and Citigroup. There is no arrangement or understanding between Mr. Moulds and any other person pursuant to which he was selected as a director.

Mr. Moulds will receive compensation as a non-employee director in accordance with Citigroup’s non-employee director compensation practices described in “Proposal 1: Election of Directors – Directors’ Compensation” of Citigroup’s Annual Proxy Statement filed with the U.S. Securities and Exchange Commission on March 18, 2025.

A copy of Citigroup’s press release relating to the election of Mr. Moulds as a director is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

2

Item 9.01  Financial Statements and Exhibits.

(d) Exhibits

Exhibit
Number

    

99.1

Citigroup Inc. Press Release dated June 16, 2025.

99.2

Citigroup Inc. securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934 as of the filing date.

104

The cover page of this Current Report on Form 8-K, formatted in Inline XBRL.

3

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CITIGROUP INC.

Dated: June 18, 2025

By:

/s/ Brent J. McIntosh

Brent J. McIntosh

Chief Legal Officer & Corporate Secretary

4

FAQ

Who was elected to Citigroup's (C) Board on June 16, 2025?

Citigroup elected Jonathan Moulds as an independent director.

Which Citigroup Board committees will Jonathan Moulds join?

He will serve on the Risk Management Committee and the Transformation Oversight Committee.

Is Jonathan Moulds considered an independent director under NYSE rules?

Yes. The Board determined he meets Citigroup’s independence standards in line with NYSE requirements.

Were any related-party transactions disclosed between Citigroup and Jonathan Moulds?

No. The filing states there are no related-party transactions involving Mr. Moulds and Citigroup.

Where can investors find the press release about the new director appointment?

The press release is furnished as Exhibit 99.1 to the Form 8-K.
Citigroup Inc

NYSE:C

C Rankings

C Latest News

C Latest SEC Filings

C Stock Data

165.71B
1.86B
1.01%
76.85%
1.81%
Banks - Diversified
National Commercial Banks
Link
United States
NEW YORK