Citigroup, Compensation, Banking And Investment Services (Trbc), Company Management Issues

Citigroup, Compensation

Citigroup CEO Corbat's 2019 compensation unchanged at $24 million

Citigroup CEO Corbat's 2019 compensation unchanged at $24 million

15.2.2020

Citigroup CEO Corbat's 2019 compensation unchanged at $24 million

Citigroup Inc kept its Chief Executive Officer Michael Corbat's 2019 compen...

2 Min Read FILE PHOTO - Michael Corbat, CEO of Citigroup, speaks during the Bloomberg Global Business Forum in New York City, New York, U.S., September 25, 2019. REUTERS/Shannon Stapleton (Reuters) - Citigroup Inc ( C.N ) kept its Chief Executive Officer Michael Corbat’s 2019 compensation unchanged at $24 million, according to a regulatory filing on Friday. Corbat's total compensation included a base salary of $1.5 million plus cash bonuses of about $6.75 million, equity awards of nearly $7.9 million, and a long-term performance based pay worth $7.9 million. ( bit.ly/2uPC4Jd ) Members of the board considered the bank’s 2019 operating performance, market levels of pay for the CEO role at peer institutions, and Corbat’s leadership while deciding his compensation, according to the filing. For 2019, Citigroup reported returns on tangible common equity of 12.1%, beating its 12% target. Though the biggest U.S. banks largely reported a year of strong top and bottom line growth, executive compensation remained subdued as bank boards have become more cost-conscious reflecting a weaker revenue outlook. Morgan Stanley’s ( ) board made the rare move of cutting CEO James Gorman’s pay by 7% to $27 million for 2019 in an effort to reduce expenses. Bank of America Corp ( Read more: Reuters Top News

That's nuts... probsbly not worth 1/100th of that Disgusting What for? For being a constipated douche bag who contributes nothing of value to the world? For extracting critical capital and resources that are needed for the general welfare of the society to line his pockets? I say let’s string him up! Wake up America

Poor guy-how’s he supposed to react to a cost of living increase with flat wages? But inflation!?! Pocket change. I’m smarter than this guy and every ceo in the world 🗺

Roku Climbs to Nearly 37 Million Active AccountsRoku added nearly 10 million new active accounts during 2019 as it prepares to enter for what CEO Anthony Wood is calling 'the streaming decade' Wow! Used to have a Roku but use my PS4 now Including me!

Amazon CEO Jeff Bezos Has Purchased David Geffen's Beverly Hills Home for $165 MillionThe final figure makes it the most expensive home sale ever recorded in the Los Angeles area Spare the change so I can buy a home under 300k. It’s like pocket change for you Amazon I hope David said thank you to Jeff for the overpriced home. When money doesn’t matter.

Ousted Credit Suisse CEO Thiam to collect up to $30 million: sourcesCredit Suisse Chief Executive Tidjane Thiam, ousted over a spying scandal, stand... Well done! To keep quiet? Get dat money!

US men's national team tells soccer federation women's pay should be tripled'What we believe should happen is simple. Pay the women significantly more than our recently expired men's deal,' the United States National Soccer Team Players Association, the union for the men's team, said in a statement. Do they earn as much revenue? But the women don’t generate the same revenue. Where will this money come from if not from ticket and merchandise sales? If the women's team is not producing the same type of revenue as the men's team, they should not get the same pay.

Roku CEO Anthony Wood On Disney+ Launch And Fox Distribution SnagRoku CEO Anthony Wood said the company is “essential” to the rollout of any major streaming service and said it was “an important part” of Disney racking up 26.5 million sub…

Volkswagen diesel settlement talks with German consumer groups failVolkswagen said talks with consumer groups who were seeking compensation over ex... It seems lawyer still always come first where money is concerned. Wonder how much pollution they've caused so far. VW Certainly Got What They Deserved! Faking Pollution Emissions Test On Its Diesel Vehicles 🚗!! I, For One, Will Never Buy A Vehicle 🚗 From Them. Same Way I Feel About Ford, & Boycotted Them For Over 50 Years, For Selling Our Family A LEMON CAR THEY KNEW WAS A LEMON Back Then!!



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