Bob Rubin at Citigroup
Robert Rubin has been appointed the temporary chairman of Citigroup after its chair and CEO, Charles Prince, has been pressured into resigning, according to the Times.
Mr. Rubin, who has held the largely advisory role as chairman of the bank’s executive committee, will take on a wider role, though he continues to balk at supervising the bank’s daily operations. Mr. Rubin has long insisted that he does not want to take over as chief executive.
Is there anyone who has better mastered the art of being appointed to high positions by insisting that he does not want them?