The Vanguard Group
The Vanguard Group is the largest shareholder of Primerica, with approximately 4.62 million shares. This is an 11.34% stake in the company, valued at approximately $550.47 million. The Vanguard Group is a registered investment advisor firm based in Malvern, Pennsylvania.

When did Citigroup buy Primerica?

December 19, 2011
On December 19, 2011, Citigroup sold its remaining equity stake in Primerica (approximately 8 million shares of Primerica’s common stock), completing the separation from Citi. Primerica was listed by Forbes as one of “Americas 50 Most Trustworthy Financial Companies” in 2015.

Who is the CEO of Primerica?

Glenn J. Williams (Apr 1, 2015–)
Primerica/CEO

When did Citigroup merge with Primerica insurance company?

Four years later, Primerica acquired Travelers Insurance which became known as the Travelers Group – which finally merged with Citicorp in 1998 to create Citigroup. A dozen years later in 2010, Citigroup decided to sell off Primerica through an initial public offering (IPO) and by 2011, Citi had completed its separation.

Who are the private equity owners of Primerica?

In a separate offering, private equity firm Warburg Pincus bought 17.2 million shares, resulting in a 23 percent stake in Primerica, and up to 33 percent if Warburg decided to exercise warrants to purchase an additional 4.3 million shares from Citi.

Who are the CEOs of Citibank and Primerica?

Along with Primerica, other major brand names under Citigroup included Citibank, CitiFinancial, Citicorp Trust Bank, Smith Barney, and Banamex. John Addison and Rick Williams were hired as co-CEOs in 2000, and Glen J. Williams was promoted to President in 2005.

Is the insurance company Primerica the same as travelers?

For years, Primerica was also part of the same company known as Travelers and Citigroup. But while you might be familiar with Travelers Insurance, you probably don’t know jack about Primerica. You’re welcome, ‘Murica.