For Ex-Citi CEO, Life After Wall Street Is a Wyoming Resort (1)

It’s all downhill from here for Mike Corbat, and that’s just how he wants it.

Corbat, the former chief executive officer of Citigroup Inc., and Eric Macy, a former Jefferies Financial Group Inc. banker, are among a group of investors acquiring Jackson Hole Mountain Resort in Teton Village, Wyoming. The sellers — Jay, Connie and Betty Kemmerer — have owned the property since 1992.

“There is no better fit for this ownership transition than Eric and Mike and their families, who share the same vision for the future of JHMR and its importance to our great community,” Jay ...