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Tim Collins '78 Named to Citi's Board of Directors

July 24, 2009

Tim Collins 2005-1.jpgJuly 24, 2009, Greencastle, Ind. — Timothy C. Collins, chief executive officer of Ripplewood Holdings LLC and 1978 graduate of DePauw University, has been announced today as a new outside director of Citi. Collins is one of three individuals added to the global financial services company's board of directors.

"The newly appointed directors are the latest additions to our group of exceptionally talented individuals," said Richard Parsons, chairman of the Citi board. "Like the other directors who have recently joined the board, each brings deep and valuable experience in various dimensions of financial services. Further, as we periodically rotate board assignments, we will be able to take optimal advantage of the specific skills of each new director."

The company's announcement notes that Ripplewood "invests in a broad array of industries, including Tim Collins Honorary Degree.jpgfinancial services, automotive, manufacturing, consumer and business services. Previously, Mr. Collins held executive positions with Onex Corporation, Lazard Freres & Company, Booz Allen & Hamilton and Cummins Engine Company. Currently, Mr. Collins serves on the Board of Directors of Reader's Digest Association, Inc., RHJ International, S.A., RSC Holdings, Inc., Commercial International Bank of Egypt and Weather Investments S.p.A. Mr. Collins earned an M.B.A. from Yale University and a B.A. in philosophy from DePauw University."

Read more at Yahoo! Finance.

In November 2008, Tim Collins was honored at The HealthCare Chaplaincy of Manhattan's annual "Wholeness of Life" benefit and awards dinner. He was awarded an honorary Doctor of Humane Letters degree from DePauw on May 22, 2005.

Also available is a 2002 CNBC profile of Collins:

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