Citigroup CEO Michael Corbat's 2018 pay jumps 36% to $24.2M

Citigroup reports 2018 executive compensation

Published: March 6, 2019

Citigroup reported fiscal year 2018 executive compensation information on March 6, 2019.

In 2018, five Citigroup executives received on average a compensation package of $15.5M, a 17% increase compared to previous year.

Average pay of disclosed executives at Citigroup

Michael Corbat, Chief Executive Officer, received $24.2M in total, which increased by 36% compared to 2017. 65.80% of Corbat's compensation, or $15.9M, was in stock awards. Corbat also received $6.8M in bonus, $4.5K of change in pension value and nonqualified deferred compensation earnings, $1.5M in salary, as well as $16.5K in other compensation.

James Forese, Chief Executive Officer, received a compensation package of $20.7M, which increased by 20% compared to previous year. 59.79% of the compensation package, or $12.4M, was in stock awards.

John Gerspach, Chief Financial Officer, earned $11.8M in 2018, a 19% increase compared to previous year.

Stephen Bird, Chief Executive Officer, received $11.3M in 2018, which decreases by 12% compared to 2017.

Jane Fraser, Chief Executive Officer, earned $9.5M in 2018, a 10% increase compared to previous year.