October 26, 2020
CitiGroup Headquarters

CitiGroup Board of Directors Compensation and Executives Salaries

CitiGroup Inc. or simply known as Citi is a world famous banking, financial services, and investment companies, headquartered in New York City, United States. To buy credit cards, get mortgage loan, car loan, retail banking, savings account, business account or other related investment services, CitiGroup is a popular name among the customers.

In this article, we have provided details about board of directors compensation for CitiGroup. In addition to this, we have also provided information about executives pay (salaries) for CitiGroup. So, let’s see!

CitiGroup Headquarters
CitiGroup Headquarters

CitiGroup Board of Directors Compensation 2018

Ellen M. Costello – CEO, BMO Financial Corporation

This board member / board of director earned total compensation US$321,250 including paid in cash US$171,250 and stock awards valued at US$150,000.

John C. Dugan – Chair, CitiGroup Inc.

This board member / board of director earned total compensation US$315,000 including paid in cash US$165,000 and stock awards valued at US$150,000.

Duncan P. Hennes – Co-Founder and Partner of Atrevida Parnters, LLC

This board member / board of director earned total compensation US$410,000 including paid in cash US$260,000 and stock awards valued at US$150,000.

Peter B. Henry – Former Dean, New York University, Stern School of Business

This board member / board of director earned total compensation US$296,250 including paid in cash US$146,250 and stock awards valued at US$150,000.

Franz B. Humer – Chairman of Diageo

This board member / board of director earned total compensation US$320,000 including paid in cash US$170,000 and stock awards valued at US$150,000.

S. Leslie Ireland – Former Assistant Secretary for Intelligence and Analysis, US Department of the Treasury

This board member / board of director earned total compensation US$280,000 including paid in cash US$130,000 and stock awards valued at US$150,000.

Lew W. Jacobs, IV – Financial Services Professional

This board member / board of director earned total compensation US$150,000 including paid in cash US$75,000 and stock awards valued at US$75,000.

Renée J. James – Chairman and CEO, Ampere Computing

This board member / board of director earned total compensation US$285,000 including paid in cash US$135,000 and stock awards valued at US$150,000.

Eugene M. McQuade – Former CEO of Citibank North America

This board member / board of director earned total compensation US$330,000 including paid in cash US$180,000 and stock awards valued at US$150,000.

Michael E. O’Neill – Chairman of Citigroup from 2012 to 2019

This board member / board of director earned total compensation US$500,000 including paid in cash US$500,000 and stock awards valued at US$0.

Gary M. Reiner – Operating Partner, General Atlantic LLC

This board member / board of director earned total compensation US$305,000 including paid in cash US$155,000 and stock awards valued at US$150,000.

Anthony M. Santomero – Chairman of Citibank

This board member / board of director earned total compensation US$410,000 including paid in cash US$260,000 and stock awards valued at US$150,000.

Diana L. Taylor – Former Superintendent of Banks, State of New York

This board member / board of director earned total compensation US$370,000 including paid in cash US$220,000 and stock awards valued at US$150,000.

James S. Turley – Former Chairman and CEO, Ernst & Young

This board member / board of director earned total compensation US$410,000 including paid in cash US$260,000 and stock awards valued at US$150,000.

Deborah C. Wright – Former Chairman of Carver Bancorp, Inc.

This board member / board of director earned total compensation US$285,000 including paid in cash US$135,000 and stock awards valued at US$150,000.

Ernesto Zedillo Ponce de Leon – Director, Center for the Study of Globalization and Professor in the Field of International Economics and Politics, Yale University

This board member / board of director earned total compensation US$285,000 including paid in cash US$135,000 and stock awards valued at US$150,000.

CitiGroup Executives Salaries 2018 / Executives Pay 2018

James Forese – President, Citi; CEO, Institutional Clients Group (US$20.68 million)

In fiscal year ended 2018, he earned US$20,687,144 as total compensation including base salary in cash US$8,300,000, equity rewards US$12,370,644, and other compensation US$16,500

John Gerspach – CFO (US$11.77 million)

In fiscal year ended 2018, he earned US$11,777,616 as total compensation including base salary in cash US$5,100,000, equity rewards US$6,661,116 and other compensation US$16,500

Michael Corbat – CEO (US$24.17 million)

In fiscal year ended 2018, he earned US$24,179,166 as total compensation including base salary in cash US$8,250,000, equity rewards US$15,912,666 and other compensation US$16,500

Stephen Bird – CEO, Global Consumer Banking (US$11.26 million)

In fiscal year ended 2018, he earned US$11,260,420 as total compensation including base salary in cash US$4,900,000, equity rewards US$6,343,920 and other compensation US$16,500

Jane Fraser – CEO, Latin America Region (US$9.49 million)

In fiscal year ended 2018, she earned US$9,490,490 as total compensation including base salary in cash US$4,398,854, equity rewards US$5,075,136 and other compensation US$16,500

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Article first published on April 19, 2020.