Citigroup Lifts Jane Fraser s Pay to $26 Million bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Citigroup increased Chief
Executive Officer Jane Fraser s compensation by about 6% to $26
million for 2023, the lender said in a filing on Tuesday. Her pay was comprised of a base salary.
(Reuters) -Citigroup increased Chief Executive Officer Jane Fraser's compensation by about 6% to $26 million for 2023, the lender said in a filing on Tuesday. Her pay was comprised of a base salary of $1.5 million, cash bonus of $3.7 million and $20.8 million in deferred performance-linked stock, according to the filing. Fraser's compensation was determined by her execution of "the most consequential set of changes to its organizational and management model since the 2008 financial crisis" and the sale of international businesses, the bank's board wrote.