John Havens

John E. Havens
Born	(1956-10-12) October 12, 1956
Alma mater	Harvard University
Occupation	Financial executive
Known for	Former chairman of Napier Park Global Capital; former president and COO of Citigroup

John E. Havens (born October 12, 1956) previously served as chairman of Napier Park Global Capital, a Citigroup spin-off, and held the positions of president and chief operating officer at Citigroup.

Career

After earning his degree from Harvard University in 1979, Havens launched his professional journey trading convertible securities at Kidder Peabody. In 1986, he joined Morgan Stanley as a principal within institutional equity, later advancing to Managing Director and Global Head of Institutional Equity from 2000 until 2005.

During his tenure at Morgan Stanley, Havens established a strong working relationship with Vikram Pandit. Both executives exited the firm in 2005 after being overlooked for the CEO role in favor of Philip J. Purcell. Subsequently, they co-founded Old Lane LP, which was purchased by Citigroup in 2007 for $800 million.

While at Citi, Havens was the top-compensated executive in 2009 and 2010, receiving annual earnings exceeding $9 million. This contrasted with Pandit’s symbolic $1 salary during Citi’s recovery period following near collapse and receipt of $20 billion from the Troubled Asset Relief Program (TARP). In January 2011, after Citi repaid its TARP obligations, Havens was appointed president and COO—a position that had been unoccupied since 2007. Before this promotion, he served as CEO of Citi’s Institutional Clients Group. Havens left the company alongside CEO Pandit on October 16, 2012.

In January 2014, Havens took on the role of non-executive chairman at Napier Park Global Capital, a hedge fund created through a Citigroup spin-off.