According to a filing with Securities and Exchange Commission, on June 7, Jack Read, Corporate Controller and Chief Accounting Officer of Citizens Financial Group, informed the company of his decision to resign, effective Aug. 7 to pursue a career opportunity with an organization outside of the banking sector. Read’s decision is due to personal reasons and is not a result of any disagreement with the company on any matter relating to finances, accounting, operations, policies or practices.
Upon Read’s departure, John F. Woods, Vice Chair and Chief Financial Officer of the company, will serve as Chief Accounting Officer on an interim basis while the company conducts an internal and external search for Read’s successor.