John Shepard Reed (born February 7, 1939)[1] is the former chairman of the New York Stock Exchange.
[4] Reed was heavily responsible for pushing for the adoption of the ATM around the US, and led Citicorp through a perilous period in the early 1990s.
In the aftermath of the November 2008 federal bailout of Citigroup, Reed was described as deeply skeptical of the "Wall Street financial engineering" that led to its collapse and "committed to consumer banking and sound commercial underwriting".
[5] Reed was asked to be interim CEO of the New York Stock Exchange after the Richard Grasso over-compensation scandal.
[4][8] He was a longtime member of the board of directors of Altria Group (and predecessor Phillip Morris Companies) through his retirement in 2008.