Peter K. Scatturo

Overview

Mr. Scaturro has been Executive Vice President of CSC and Chief Executive Officer of USTC since 2005. Prior to joining USTC, Mr. Scaturro was the Chief Executive Officer of The Citigroup Private Bank from 1999 to 2004, and a member of Citigroup's Management Committee from 2002 to 2004. On April 9, 2007, Peter K. Scaturro stepped down as Chief Executive Officer of U.S. Trust Corporation and from his position on the Management Committee of The Charles Schwab Corporation. Mr. Scaturro is expected to remain employed in a non-executive officer capacity through the closing of the sale of U.S. Trust Corporation to Bank of America Corporation, which is expected to close early in the third quarter of 2007.