• 21 Feb 2014 at 10:30 AM

Bonus Watch ’14: Citi CEOs

Mike Corbat scored himself a nice little raise.

Citigroup Inc. boosted Chief Executive Michael Corbat’s pay by an estimated 23% for 2013, his first full year at the helm of the nation’s third-largest U.S. bank by assets. Mr. Corbat earned $14.1 million, in line with Bank of America Corp. CEO Brian Moynihan, but behind his peers at Goldman Sachs Group, and J.P. Morgan Chase. According to a regulatory filing, Mr. Corbat received deferred Citigroup stock valued at $3.78 million as of Thursday’s closing price. He is paid $1.5 million in salary, with the rest of his compensation calculated using a formula disclosed in Citigroup’s proxy statement last year.

Citigroup Gives CEO 23% Pay Raise [WSJ]

16 comments (hidden to protect delicate sensibilities)
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Comments (16)

  1. Posted by Guest | February 21, 2014 at 10:57 AM

    Not bad compensation for pretending to be a CEO while the US govt runs your shop.

  2. Posted by Guest | February 21, 2014 at 11:25 AM

    Sucking up to Citi Board Chair > giving Ken Lewis ass hickeys for five years

  3. Posted by guest | February 21, 2014 at 11:53 AM

    are we going to talk about that picture?

  4. Posted by Harry | February 21, 2014 at 11:55 AM

    Ride me, Big Shelton. (Spelling close enough.)

  5. Posted by Queer eye | February 21, 2014 at 12:12 PM

    The dolphin shorts are hot.

  6. Posted by Guest | February 21, 2014 at 1:09 PM

    Don't touch my headphones!

  7. Posted by guest | February 21, 2014 at 1:34 PM

    Harry Burns: With whom did you have this great sex?
    Sally Albright: I'm not going to tell you that.
    Harry Burns: Fine, don't tell me.
    Sally Albright: Shel Gordon.
    Harry Burns: Shel? Sheldon? No, no, you did not have great sex with Sheldon.
    Sally Albright: I did too.
    Harry Burns: No you didn't. A Sheldon can do your income taxes, if you need a root canal, Sheldon's your man… but humpin' and pumpin' is not Sheldon's strong suit. It's the name. 'Do it to me Sheldon, you're an animal Sheldon, ride me big Shel-don.' Doesn't work.

  8. Posted by guest | February 21, 2014 at 1:35 PM

    Bruce Jenner?

  9. Posted by vik | February 21, 2014 at 1:47 PM

    I like to imagine he's trying to dodge the shot after someone threw it at him

  10. Posted by Mike "C-Bat" Corbat | February 21, 2014 at 1:54 PM

    It's nerd bashin' time!

  11. Posted by vik | February 21, 2014 at 2:52 PM

    he took yer jerb!

  12. Posted by guest | February 21, 2014 at 4:18 PM

    Bruce Jenner went to Newtown, which is next to Shelton

    -UBS Connecticut High Schools Quant

  13. Posted by R. Maddow | February 21, 2014 at 7:49 PM

    That guy in the background has been raiding my wardrobe

  14. Posted by Vikram P | February 24, 2014 at 11:12 AM

    He's still a pussy

    - Vikram

  15. Posted by Guest | February 24, 2014 at 11:54 AM

    He looks like some sort of troll / ogre.

  16. Posted by Guest | February 27, 2014 at 4:29 AM

    Is that Pince Alwaleed in the background ?