Mr. Raymond McGuire is Vice Chairman, Citigroup Chairman, Banking, Capital Markets & Advisory.
Mr. McGuire announced on Thursday October 15, 2020, that he is leaving his post at Citigroup to prepare for a run for the Democratic nomination for mayor of New York City.
He priviously served as Global Head, Corporate and Investment Banking, Institutional Clients Group, at Citigroup. He was former Head of Global Investment Banking at Citigroup, Inc. Responsible for managing the coverage of global industries and clients and executing strategic transactions. He served as the Head of Global Banking Institutional Clients Group at Citigroup, Inc and served as its Head of the Advisory Business and Global Head of Corporate & Investment Banking. Mr. McGuire served as a Co-head of Global Technology Media and Telecommunications Group at Citigroup, Inc.
Mr. McGuire is a member of the Institutional Clients Group Management Committee and the Institutional Clients Group Business Practices Committee. He is also a member of Citi's Senior Leadership Committee. At Citi, McGuire has advised on transactions valued at more than $200 Billion, including representing Time Warner in its separation of Time Warner Cable ($45.0 Billion).
Prior to joining Citi, Mr. McGuire was the Global Co-Head of Mergers & Acquisitions at Morgan Stanley. He was Managing Director in the Mergers and Acquisitions Group of Merrill Lynch & Co., Inc. Mr. McGuire was one of the original members of Wasserstein Perella & Co., Inc. where he became a Partner/Managing Director in 1991. Mr. McGuire started his career in 1984 in the Mergers and Acquisitions Group of The First Boston Corporation.
Board and Advisor Roles
Mr. McGuire serves on several boards including: De La Salle Academy (Chairman of the Board), the International Center of Photography (formerly President of the Board), Lincoln Center (Trustee), New York-Presbyterian Hospital (Trustee), The New York Public Library (Trustee), the Studio Museum in Harlem (Chairman of the Board), the Alex Hillman Family Foundation (Trustee), Whitney Museum of American Art (Vice President and Chairman of the Nominating Committee). He is also a Director of the Wyeth Corporation (Nominating & Governance Committee). In the past, he has served on the boards of the Joseph & Claire Flom Foundation, the Howard Gilman Foundation, the Hotchkiss School, and the San Remo Tenants' Corporation (formerly President of the Board). He has also served on various Visiting Committees at Harvard University, as well as a member of the Overseers/Directors Nominating Committee.
In May 2008, he was bestowed the Frederick Douglas Award by the New York Urban League. In April 2008, he was inducted by Morehouse College as one of the inaugural members of the Martin Luther King, Jr. International Board of Renaissance Leaders.
In October 2006, he was featured on the cover of Black Enterprise Magazine as one of the most powerful Blacks on Wall Street. He was recognized by Avenue Magazine as on of New York's "50 Smartest".
Mr. McGuire has been honored by the Make-A-Wish Foundation and Art for Life Foundation. Pratt Institute honored him as its inaugural distinguished "Patron of the Arts". He has also been honored with Harvard Business School's African-American Student Union's Professional Achievement Award, has presented at Harvard Law School's Traphagen Distinguished Alumni Speaker Series and emceed the first Harvard College Black Alumni Weekend.
Mr. McGuire received his MBA and JD from Harvard Business School and Harvard Law School (1984), and an AB, cum laude, from Harvard College (1979). He also attended the University of Nice, France while on a Rotary Fellowship (1980). He has had legal experience at the law firms of Skadden, Arps, Slate, Meagher & Flom as well as Patterson, Belknap, Webb & Tyler.
Updated: July 28, 2020.