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Citigroup CEO defends executive bonuses tied to compliance fixes

Jane Fraser told analysts the company will spend what’s necessary to satisfy regulators’ concerns about risk management and internal controls. That includes incentives to encourage senior executives to resolve the problems promptly. ....

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Banks experiment with tying executive pay to diversity goals

Banks experiment with tying executive pay to diversity goals
financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.

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Banks experiment with tying executive pay to diversity goals

Banks experiment with tying executive pay to diversity goals
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

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Why CEO pay climbed in 2020 even as bank profits fell

Why CEO pay climbed in 2020 even as bank profits fell
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

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While The Economy Collapsed In 2020, CEO Pay Surged

by Tyler Durden
Tuesday, Apr 20, 2021 - 09:45 PM
At the same time the corporate world was suffering from implementing new burdensome Covid restrictions, dealing with shutting down in-person office sites, and generally trying to quell the panic of a government induced recession brought on by its pandemic response, CEO pay was soaring.
During 2020, as millions lost their jobs, median pay for CEO of more than 300 of the biggest U.S. public companies hit $13.7 million, up from $12.8 million the year prior, according to a new Wall Street Journal report. Of the 322 CEOs that the
Journal analyzed, pay rose for 206 of them, with the median raise coming in at about 15%. ....

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