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Board Member of Citi Bank from 1997 to 2012; ... Executive vice president from 1994 to 1995; ... which included a base salary of $1,457,500, a cash bonus of ...
Jane Fraser (born 13 July 1967) is a British-American banking executive who is the chief executive officer (CEO) of Citigroup, a position she has held since March 2021. [1] [2] Educated at Girton College, Cambridge, and Harvard Business School, she worked at McKinsey & Company for 10 years, rising to partner prior to joining Citigroup in 2004.
Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per cent.
A federal appeals court on Tuesday said a Citigroup vice president was not entitled to a share of a $400 million civil fine that the bank agreed to pay in October 2020 over its risk management ...
CEO pay includes salary, bonuses, stock sales, and other payments. Average CEO Pay is calculated using the last year a director sat on the board of each company. Stock returns do not include dividends. All directors refers to people who sat on the board of at least one Fortune 100 company between 2008 and 2012.
In January 2011, after working for two years for a salary of $1 a year, his annual base was raised to $1.75 million for the progress Citi made under Vikram's leadership. [ 30 ] [ 31 ] [ 32 ] After posting five consecutive quarterly profits, Citigroup in May 2011, announced $23.2m retention award to Pandit making him one of the highest paid CEOs.
A pair of government regulators slapped Citigroup with a $135.6 million fine on Wednesday, saying the bank has made insufficient progress in resolving longstanding internal control and risk issues.
The chairman position was not filled between 1918 (Stillman's death) and 1929. Duties were handled by the President who acted on an interim basis. Charles E. Mitchell: 1929: 1933: James H. Perkins: 1933: 1940: Gordon Sohn Rentschler: 1940: 1948: William Gage Brady, Jr. 1948: 1952: Howard C. Sheperd: 1952: 1959: First National City Bank of New ...