Corbat, photographed in his office, is an incrementalist. "I'm not someone who throws myself out in front of things," he says.
"I remember hearing kind of a gasp," says one of the attendees, Hans Morris, a former CFO of Citi's institutional and capital markets businesses. "He just won over the room."
Slowly and quietly, Michael Corbat is beginning to win over more than a room of alumni. Seven months into his tenure, Corbat, 53, is emerging as a fitting leader for a company trying to restore its tarnished reputation. He isn't flashy or nakedly ambitious. He's thoughtful rather than spontaneous. And he's an incrementalist, not a revolutionary, as we'll see from his strategy for Citi. "I'm not somebody who throws myself out in front of things," he says with a wry smile in a rare interview.
|Americans have fallen in love with real estate once again|
|Why you should pay off your car loan ASAP|
|How many iPhones did Apple sell last quarter?|
|Southwest Airlines' profit-sharing payout: What capitalism should be|
|China's soil pollution: It's much worse than you think|