Citigroup chief’s 2019 compensation unchanged at S$24m

The Business Times | Feb 15, 2020 at 12:00 AM
  • Citigroup Inc kept its chief executive officer (CEO) Michael Corbat’s 2019 compensation unchanged at US$24 million.
  • For 2019, Citigroup reported returns on tangible common equity of 12.1 per cent, beating its 12 per cent target.
  • A year earlier, Mr Corbat enjoyed a 4.35 per cent raise, bringing his total compensation for 2018 to US$24 million.