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Banking offices will be closed in observance of Thanksgiving Day on: Thursday, November 26, 2009.

Board of Directors
for City National Corporation (ticker symbol: CYN)

Russell Goldsmith
Chairman and Chief Executive Officer
City National Bank

President and Chief Executive Officer
City National Corporation

Russell Goldsmith

As chairman and chief executive officer of City National Bank, Russell Goldsmith leads a financial institution of $18.4 billion in total assets. Additionally, he serves as president and chief executive officer of its publicly held parent company, City National Corporation, which is listed on the New York Stock Exchange (CYN). He has been a director of both the bank and its parent company since 1978.

Since Mr. Goldsmith became CEO in October 1995, City National’s assets have increased almost 500 percent.  It now has 64 banking offices, including 16 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada and New York City. Additionally, the company and its eight majority-owned investment affiliates manage or administer more than $53 billion in client assets, including nearly $35 billion under direct management.

Mr. Goldsmith serves on the Federal Reserve Board’s 12-member Federal Advisory Council, representing the Twelfth Federal Reserve District.

He recently completed serving as the chairman of the Los Angeles Economy & Jobs Committee, which was formed by Mayor Villaraigosa, and completed its work by delivering 100 recommendations to improve the economy and grow jobs in the City of Los Angeles.

Mr. Goldsmith now chairs the Los Angeles Coalition for the Economy and Jobs, a new independent organization with leading economic stakeholders representing business, labor, higher education and the non-profit sectors.

He also serves on the boards of directors of Wynn Resorts, Limited and the Financial Services Roundtable. He is a trustee of the Harvard-Westlake School and a member of the Council on Foreign Relations.

In 2002, in its annual survey of CEO pay and performance, Forbes magazine ranked Mr. Goldsmith among the 10 best chief executive officers in America.

From 1986 until its sale in 1994, Mr. Goldsmith was chairman of the board and chief executive officer of publicly-held Republic Pictures Corporation, a leading global independent entertainment production and distribution company. He also was vice chairman of the San Diego Padres Baseball Club from 1990 to 1994. He previously served as chief operating officer and a director of Lorimar, Inc., a public entertainment company, from 1983 through 1985.

Mr. Goldsmith began his professional career as an attorney, practicing at Irell & Manella, and later co-founded his own law firm, Sanders, Barnet & Goldsmith.

He is a graduate of Harvard College and Harvard Law School.

 

 

 

 

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