People: Citigroup Inc (C.N)

C.N on New York Stock Exchange

18 Oct 2019
Change (% chg)

$0.14 (+0.20%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Corbat, Michael 

Mr. Michael L. Corbat is Chief Executive Officer, Director of the Company. Mr. Corbat is an experienced financial services executive and finance professional, and has been nominated to serve on the Board because of his extensive experience and expertise in the areas of Financial Services, Risk Management, Financial Reporting, Institutional Business, Corporate and Consumer Businesses, Regulatory and Compliance, and Corporate Affairs. In his role as Chief Executive Officer of Citigroup Inc., his prior position as Citi’s CEO of Europe, Middle East, and Africa, and his extensive career at Citi he has gained experience in all of Citi’s business operations, including consumer banking, corporate and investment banking, securities and trading, and private banking services. In these roles, Mr. Corbat has gained extensive financial services, financial reporting, corporate business, and risk management experience. Additionally, in his role as CEO of Citi Holdings, Citi’s portfolio of non-core businesses and assets, he oversaw the divestiture of more than 40 businesses, including the IPO and sale of Citi’s remaining stake in Primerica. Mr. Corbat also successfully oversaw the restructuring of Citi’s consumer finance and retail partner cards businesses and divested more than $500 billion in assets, reducing risk on the Company’s balance sheet and freeing up capital to invest in Citi’s core banking business.

Basic Compensation

Total Annual Compensation, USD 8,250,000
Restricted Stock Award, USD 15,912,700
Long-Term Incentive Plans, USD --
All Other, USD 21,048
Fiscal Year Total, USD 24,183,700

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised 17,392 966,000.00