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. Michael L. Corbat: $12.4 million
TIE
- Company: Citigroup (C)
- Cash compensation: $10.1 million
- Stock and options: $2.3 million
- Total compensation 1-yr. change: N.A.
Source: Equilar Inc.
Mr. Corbat became CEO on October 15, 2012. Change in pay wasn't calculated because Corbat was not in place as CEO for two complete years.
Total compensation is calculated as the sum of base salary, discretionary and performance-based cash bonuses, the grant-date fair value for stock and option awards during the fiscal year, and other compensation like benefits and perks. Equilar, an executive compensation research firm, looked at CEOs at banking companies in the S&P 500 index that have filed a proxy statement as of April 30, 2013. Pay data based on companies' fiscal year end of Dec. 2012 unless otherwise noted.
See more on Michael Corbat from Equilar.
Total compensation is calculated as the sum of base salary, discretionary and performance-based cash bonuses, the grant-date fair value for stock and option awards during the fiscal year, and other compensation like benefits and perks. Equilar, an executive compensation research firm, looked at CEOs at banking companies in the S&P 500 index that have filed a proxy statement as of April 30, 2013. Pay data based on companies' fiscal year end of Dec. 2012 unless otherwise noted.
See more on Michael Corbat from Equilar.
- Last updated May 23 2013 06:16 AM ET
