A senior executive at hedge fund giant Citadel has been appointed to serve as Chicago’s City Comptroller.
Chicago mayor Rahm Emanuel announced in a statement released Friday that Daniel Widawsky, the managing director at Citadel, has been nominated to join the city’s finance team where he will be responsible for “ensuring the efficient management of [Chicago’s] finance, and will serve a key role in continuing the [city’s current administration’s] effort to strengthen [its] fiscal health, address long-term obligations, and invest in Chicago’s future.”
Widawsky will begin new role on January 31, subject to approval by Chicago’s City Council.
Widawsky, who has served as Citadel’s managing director since 2007, was a partner and senior member of the firm's financial team.
Formed by Ken Griffin in 1990, Citadel has about $16 billion in assets under management.