Vikram Pandit's Take of Citigroup's Profits - NYTimes.com: "After spending years as one of Wall Street’s lowest paid chief executives, Vikram S. Pandit received a $23.2 million retention package that could catapult him to the top of the list.
Mr. Pandit earned a token annual salary of $1 as he steered Citigroup back into the black over the last two years. But on Wednesday, Citi’s board awarded him as much as $16.5 million in stock and options as well as a cash payment valued at more than $6.65 million as part of a special profit-sharing program for top executives."
Thursday, May 19, 2011
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment