He was first in line to succeed John S. Reed as chairman, and the departure was called friendly.

John S. Reed, the chairman of Citicorp, exemplifies the shift.

John S. Reed, the chairman, said in a statement that increasing productivity and containing costs remained a high priority.

John S. Reed is retiring as chairman but will continue as a director.

With the directors' approval, he picked one, John S. Reed, and retired in 1984.

John S. Reed, the new interim chairman and chief executive, could not be reached for comment yesterday.

John S. Reed, Citicorp's 48-year-old chairman, has finally made his mark.

John S. Reed, who came out of retirement to become chairman and chief executive in April, will continue as chairman.

John S. Reed is not a man too many people pick fights with.

Citicorp's chairman, John S. Reed, has said he wants to increase this proportion to 70 percent.

He was first in line to succeed John S. Reed as chairman, and the departure was called friendly.

John S. Reed, the chairman of Citicorp, exemplifies the shift.

John S. Reed, the chairman, said in a statement that increasing productivity and containing costs remained a high priority.

John S. Reed is retiring as chairman but will continue as a director.

With the directors' approval, he picked one, John S. Reed, and retired in 1984.

John S. Reed, the new interim chairman and chief executive, could not be reached for comment yesterday.

John S. Reed, Citicorp's 48-year-old chairman, has finally made his mark.

John S. Reed, who came out of retirement to become chairman and chief executive in April, will continue as chairman.

John S. Reed is not a man too many people pick fights with.

Citicorp's chairman, John S. Reed, has said he wants to increase this proportion to 70 percent.