Good morning. Citigroup CFO Mark Mason will step down from his post in early March 2026, the bank announced on Nov. 20, marking another notable leadership transition among Fortune 500 finance chiefs.
Mason, who joined Citi in 2001 and became CFO in 2019, will become executive vice chair of Citi and senior executive advisor to chair and CEO Jane Fraser. Gonzalo Luchetti, the bank’s head of U.S. personal banking, will succeed him as CFO. Mason is a “a leader for all seasons” who helped steer Citi through some of its most challenging periods, Fraser said in a statement. Mason intends to pursue his leadership aspirations outside of Citi by the end of 2026, the company stated in the announcement.
