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NEW YORK (AP) - Citigroup Inc.'s board on Tuesday announced that it has selected Chief Executive Officer Charles Prince to succeed Sanford I. Weill as chairman when he retires April 18 at the annual meeting of the nation's largest financial institution.
Prince will also retain the CEO title.
Prince, 56, succeeded Weill as CEO in October 2003. Weill, who turned 73 last week, has made it known for months that he will retire from the bank's board this year.
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