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John Shepard Reed (born February 7, 1939) is the former chairman of the New York Stock Exchange. He previously served as chairman and CEO of Citicorp, Citibank, and post-merger, Citigroup. He is the past chairman of the Massachusetts Institute of Technology's board of trustees.
Learn about John S. Reed, the former CEO of Citicorp and Citibank who transformed the financial institution with technology and efficiency. Find out his biography, achievements, and initiatives at Harvard Business School.
John S. Reed, chairman and CEO of Citicorp, has never been reluctant to make waves. During his 25-year career with the most powerful bank in the United States, Reed has engineered radical...
Jun 18, 2019 · The technology pioneer of the 1980s. John Reed is a visionary. His ideas about global banking and transformative technology put him decades ahead of his time and set him apart from his peers as one of the leading bankers of the 1970s, 1980s and 1990s.
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- Rich Men's Sons
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- The Athlete, The Scholar, and The Activities Man
- A Seat at The Table
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John Reed was not born into the proletariat. He spent his earliest years mixing with Portland high society in his wealthy grandmother’s home, which he later described as “... a lordly grey mansion modelled on a French chateau, with its immense park, its formal gardens, lawns, stables, green-houses and glass grape-arbor, the tame deer among the tree...
To a lonely Harvard freshman at the turn of the twentieth century, popularity meant joining a Final Club. The punch process began with admission to the Institute of 1770, an exclusive social organization which selected 100 men from the sophomore class each year and named them “the socially elect.” Becoming a member of the Institute meant prestige; ...
By sophomore year, Reed recalibrated. Rejected by the elites and no longer willing to measure personal success by class or wealth, he found a new strategy for social acceptance: joining as many extracurricular activities as possible. As he saw it, the class was divided into three neat groups: the athlete, the scholar, and the “activities man.” Reed...
Amongst these many organizations were a few campus publications. Despite his failed start at the Crimson, Reed became an editor at the Harvard Monthly, a literary magazine where his poems and stories, “juvenile and imitative though they were, won respect and praise and inspired enthusiastic prophecies,” according to Granville Hicks ’23. He was also...
In his final year of college, Reed discovered the Harvard Socialist Club. Founded by two freshmen in 1908, the club’s stated goal was to use the study and spread of socialism to correct the “fundamentally imperfect” state of society. At inception, it had nine members. Despite its modest size, the Club pledged to permeate the college. As Reed put it...
Suddenly, Reed was a “club man.” A critical one, certainly, but a club man all the same. And as much as he tried to suppress it, he found satisfaction in the title. That satisfaction became evident at the end of his senior year. In 1910, Harvard’s rich lived in glamorous private apartments on Mt. Auburn Street; the poor lived in dorms in Harvard Ya...
Reed’s life was prime martyr material, and Harvard’s later left-wingers ate it up—“John Reed Clubs” began popping up across the United States only shortly after the man’s death. Harvard had a branch, too. Calling itself a Marxist study and action group, the Harvard John Reed Society was founded in 1932 by “a group of undergraduates attracted by the...
In 2016, the radical left has re-entered the conversation. Bernie Sanders, a presidential nominee who calls himself a “democratic socialist,” is experiencing widespread success, particularly among young voters. In the Iowa primary, 84 percent of Democratic voters aged 17-29 supported Sanders. In the New Hampshire primary, that number was 83 percent...
John S. Reed is a former chairman of Citibank/Citicorp and Citigroup, and a current director of CaixaBank in Barcelona. He also served as chairman of the New York Stock Exchange and the Corporation of MIT, and is a fellow of several academic and cultural institutions.
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John S. Reed is Treasurer of the American Academy and Chair of the Investment Committee. He retired in 2000 after a 35 year career with Citibank, Citicorp, and Citigroup. He was elected chairman and CEO of Citicorp and Citibank in 1984.
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related to: John S. ReedLearn about John Reed's commitment to advancing transformational medicines. Learn about J&J's leadership team through our Executive Committee & Board of Directors.
