Citigroup Chief Executive Jane Fraser will take home total compensation of $22.5 million for 2021 — a nearly 32% increase from the previous year, the bank said Monday…. Citigroup directors cited Fraser’s ability to establish a clear set of priorities aimed at increasing long-term shareholder value among the reasons behind the compensation.
Of course, Fraser is still a woman, so….
Fraser’s compensation is less than that previously announced for more experienced CEOs of other big banks….
Citigroup CEO Jane Fraser to get $22.5 million payday [Reuters via N.Y. Post]