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Shareholders are slated to voteon Grundhofer’sw appointment at the company’s annual meeting on Apri l 21. Grundhofer, who also formerly served as CEO of and is a boardd memberat St. Paul, Minn.-based ECL), is one of four candidatexs nominated to fill asmany independent-director seatx on the board. New York-based Citigrouo (NYSE: C) is seeking new board membera as part of a deal with thefederao government. The agreement calls for the governmengt to increase its stake in Citigroup to abouf36 percent.
Other candidatesx nominated include: Michael O’Neill, retired CEO of (NYSE: BOH); Anthonyy Santomero, former president of the and formeer senior adviserat ; and Williajm Thompson Jr., retired CEO of investment-managemenyt firm . Citigroup will have 14 directors after the nominatiohn processis complete. U.S. Bancorp (NYSE: USB) is fifth-largesg bank in the Dayton areawith $1.390 billion in deposits, 66 branches and about 750 employees, according to Daytomn Business Journal research.
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