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Michael Corbat News

15 Mar 2018

Citigroup CEO earns 369 times average employee

Michael Corbat`s annual total compensation was $17.8 million while the median annual total compensation of all Citi employees was $48,249.

20 Apr 2015

Citigroup CEO Michael Corbat meets PM Modi

Citigroup CEO Michael Corbat Monday called on Prime Minister Narendra Modi and is believed to have discussed economic situation and bank's India plans.

20 Feb 2015

Citigroup cut CEO Corbat's pay by 10% to $13.1 mn in 2014

Citigroup Inc cut Chief Executive Michael Corbat`s pay by about 10 percent in 2014, a year in which the bank`s profit nearly halved due to higher legal costs and a slump in bond trading.

09 Dec 2014

Citigroup sets $3.5 bn Q4 charge for legal, other costs

Citigroup plans to take a $3.5 billion charge in the fourth quarter to cover legal and restructuring costs, chief executive Michael Corbat said Tuesday.

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