CHICAGO: Katie Spring has stepped down as MD and global head of corporate communications at Citadel to restore a 150-year-old farm in Wisconsin.
Citadel has not filled her role, but a search for a replacement is underway, led by Seema Kathuria of management consulting firm Russell Reynolds Associates. PRWeek inquiries to Russell Reynolds were not returned as of press time.
Spring was responsible for global external comms, brand management, executive communication, and employee comms, according to her bio on the Institute for Public Relations’ website.
In July, Citadel named former Microsoft COO Kevin Turner as CEO of Citadel Securities and vice chairman of the overall company. A month earlier, Morgan Stanley’s Steven Lieblich joined Citadel as CTO of its hedge-fund business.
The farm being restored by Spring will be used as a venue for concerts and other functions. It hosted its first concert in August, a performance by California-based acoustic rock and folk group the Donnis Trio, according to the band’s Facebook page.
"Citadel was a fantastic place to work, and I will always be grateful for the opportunity," Spring said. She added she still lives in Chicago and may explore PR as a future career opportunity. She declined to comment further.
Spring handed in her resignation in June and officially departed the position in August after staying on to ensure a smooth transition, a spokesperson confirmed.
When Citadel hired Spring as MD for corporate communications in 2007, she was tasked with building a PR, strategic comms, and internal comms function. Citadel had $17 billion in assets under management then, compared with its $24 billion today.
Spring has been credited with overseeing Citadel’s rebranding effort that saw the company experiment in investment banking and expand its hedge-fund platform. She also helped to roll out the Kenneth and Anne Griffin Foundation and established Citadel’s employee volunteer program.
Prior to that, she served for six years as VP of comms at USAA and had a two-year stint as an MD at Hill & Knowlton, according to her LinkedIn profile.