Michael Corbat

2011

In 2011, Michael Corbat earned a total compensation of $10.7M as CEO at Citigroup, a 33% increase compared to previous year.

Compensation breakdown

Bonus$3,000,000
Change in Pension Value and Nonqualified Deferred Compensation Earnings$4,116
Option Awards$2,039,836
Salary$500,000
Stock Awards$5,100,000
Other$14,700
Total$10,658,652

Corbat received $5.1M in stock awards, accounting for 48% of the total pay in 2011.

Corbat also received $3M in bonus, $4.1K of change in pension value and nonqualified deferred compensation earnings, $2M in option awards, $500K in salary and $14.7K in other compensation.

Rankings

In 2011, Michael Corbat's compensation ranked 328th out of 10,747 executives tracked by ExecPay. In other words, Corbat earned more than 96.9% of executives.

ClassificationRankingPercentile
All
328
out of 10,747
97th
Division
Finance, Insurance, And Real Estate
66
out of 2,383
97th
Major group
Depository Institutions
23
out of 1,107
98th
Industry group
Commercial Banks
23
out of 895
97th
Industry
National Commercial Banks
16
out of 330
95th
Source: SEC filing on March 14, 2013.

Corbat's colleagues

We found five more compensation records of executives who worked with Michael Corbat at Citigroup in 2011.

2011

Vikram Pandit

Citigroup

Chief Executive Officer

2011

John Havens

Citigroup

Chief Executive Officer

2011

Manuel Medina-Mora

Citigroup

Chief Executive Officer

2011

Brian Leach

Citigroup

Chief Risk Officer

2011

John Gerspach

Citigroup

Chief Financial Officer

News

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