Michael Corbat

2019

In 2019, Michael Corbat earned a total compensation of $25.5M as CEO at Citigroup, a 5% increase compared to previous year.

Compensation breakdown

Bonus$6,750,000
Change in Pension Value and Nonqualified Deferred Compensation Earnings$4,846
Salary$1,500,000
Stock Awards$17,237,115
Other$16,800
Total$25,508,761

Corbat received $17.2M in stock awards, accounting for 67.57% of the total pay in 2019.

Corbat also received $6.8M in bonus, $4.8K of change in pension value and nonqualified deferred compensation earnings, $1.5M in salary and $16.8K in other compensation.

Rankings

In 2019, Michael Corbat's compensation ranked 24th out of 4,457 executives tracked by ExecPay. In other words, Corbat earned more than 99.5% of executives.

ClassificationRankingPercentile
All
24
out of 4,457
100th
Division
Finance, Insurance, And Real Estate
4
out of 910
100th
Major group
Depository Institutions
3
out of 496
99th
Industry group
Commercial Banks
3
out of 417
99th
Industry
National Commercial Banks
3
out of 159
98th

Pay ratio

Michael Corbat's Pay$25,508,761
Median Employee's Pay$52,988
Pay Ratio

481

to 1

In 2019, the annual total compensation of Michael Corbat was $25,508,761.

The annual total compensation of the median employee at Citigroup was $52,988.

The ratio of Michael Corbat's pay to the pay of median employee was therefore 481 to one.

Source: SEC filing on March 11, 2020.

Corbat's colleagues

We found seven more compensation records of executives who worked with Michael Corbat at Citigroup in 2019.

2019

Jane Fraser

Citigroup

Chief Executive Officer

2019

Paco Ybarra

Citigroup

Chief Executive Officer

2019

James Forese

Citigroup

Chief Executive Officer

2019

Stephen Bird

Citigroup

Chief Executive Officer

2019

Bradford Hu

Citigroup

Chief Risk Officer

2019

John Gerspach

Citigroup

Chief Financial Officer

2019

Mark Mason

Citigroup

Chief Financial Officer

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