Citigroup's Ray McGuire turns to tech exec Charles Phillips as advisor for likely NYC mayoral campaign [CNBC]
Morgan Stanley (MS)
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Source: CNBC
Citigroup executiveRay McGuireMcGuire, according to people familiar with the matter, has turned to , the former CEO of the software company Infor, as an advisor while he seriously considers running for the city's highest office.Phillips, these people added, has been in on meetings with potential supporters, including those with ties to One of the people noted that Phillips is in line to be McGuire's campaign manager if he officially announces his run. Another acknowledged that Phillips will at least be "very involved" with the Citi vice chairman's campaign if he were to get into the race. These people declined to be named as Phillips' role had yet to be made public.McGuire, who is also chairman of Citi's banking, capital markets and advisory business, has not publicly confirmed whether he is planning to get into the race. Mayor Bill de Blasio is wrapping up his final term. A Citi spokeswoman, McGuire and Phillips did not return requests for comment.Phillips, who also had leadership st
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