michael corbat salary

That's a cool 48% above what he made in 2016. These are the CEOs that make 1,000 times more than their employees, © Thos Robinson / Getty Images Entertainment via Getty Images, © Paul Morigi / Getty Images Entertainment via Getty Images, © Ethan Miller / Getty Images News via Getty Images, © Stephen Lovekin / Getty Images Entertainment via Getty Images, © Kimberly White / Getty Images Entertainment via Getty Images, © Pool / Getty Images News via Getty Images, © Jason Merritt/TERM / Getty Images Entertainment via Getty Images, © Neilson Barnard / Getty Images for New York Times, © Jamie Squire / Getty Images Sport via Getty Images, © Win McNamee / Getty Images News via Getty Images, © Alex Wroblewski / Getty Images News via Getty Images, © Drew Angerer / Getty Images News via Getty Images, © Craig Barritt / Getty Images Entertainment via Getty Images, © Amanda Edwards / Getty Images Entertainment via Getty Images, © Justin Sullivan / Getty Images News via Getty Images. For 2012, Citi's shareholders agreed to pay Michael Corbat a base salary of $1m, a cash bonus of $4.2m, plus another $6m in deferred stock. The ratio of Michael Corbat's pay to the pay of median employee was therefore 481 to one. In 2019, eight Citigroup executives received on average a compensation package of $13.3M, a 14% decrease compared to previous year. Early life and education. 39. Analysts, though, said the figure would have fallen short if not for a tax-related boost on some assets, and Citigroup lowered its 2020 target. The former Citigroup CEO, Michael had been fulfilling his roles and responsibilities for a period of 8 years until now. Most stock quote data provided by BATS. Business. As CEO at CITIGROUP INC, Michael Corbat made $25,503,915 in total compensation. Mr. Corbat has said the bank is making steady progress toward higher profitability. Michael Louis Corbat (born May 2, 1960) is an American banker and the current chief executive (CEO) of Citigroup, a position he has held since October 2012. A Warner Media Company. Check salary, income and/or net worth of Michael Corbat at WageIndicator.co.uk Corbat’s total compensation included a base salary of $1.5 million plus cash bonuses of about $6.75 million, equity awards of nearly $7.88 million, and a … 67.57% of Corbat's compensation, or $17.2M, was in stock awards. The stock soared 50%, outpacing rivals in the KBW Nasdaq Bank Index. Photo: arnd wiegmann/Reuters Powered by the WageIndicator Foundation - Share and compare wages, understand Labour Laws and spot career opportunities. All rights reserved. Cisco Systems CEO Charles Robbins' 2020 pay slips 10% to $23.2M, MSG Networks Chairman James Dolan's 2020 pay slips 5% to $8.6M, Liberty Latin America Ltd. CEO Balan Nair's 2019 pay slips 5% to $12.6M, OSI Systems CEO Deepak Chopra's 2020 pay jumps 41% to $9.6M. Corbat also received $6.8M in bonus, $4.8K of change in pension value and nonqualified deferred compensation earnings, $1.5M in salary and $16.8K in other compensation. Of this total $1,500,000 was received as a salary, $6,750,000 was received as a bonus, $0 was received in stock options, $17,237,115 was awarded as stock and $16,800 came from other types of compensation. But Citi has since become healthy enough to reward shareholders with cash — lots of it. In other words, Corbat earned more than 99.5% of executives. Deadly Clashes in Nigeria: Why #EndSARS Protests Have Grown, Why East Asia Is Beating the West in Controlling Coronavirus, iPhone 12 vs. iPhone 12 Pro: 5G, Cameras and New Design Tested, NASA’s Osiris-REx Successfully Touches Asteroid Bennu, News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Change in Pension Value and Nonqualified Deferred Compensation Earnings, Citigroup CEO Michael Corbat's 2019 pay rises 5% to $25.5M, Citigroup CEO Michael Corbat's 2018 pay jumps 36% to $24.2M, Cisco Systems CEO Charles Robbins' 2020 pay slips 10% to $23.2M, MSG Networks Chairman James Dolan's 2020 pay slips 5% to $8.6M, Liberty Latin America Ltd. CEO Balan Nair's 2019 pay slips 5% to $12.6M, OSI Systems CEO Deepak Chopra's 2020 pay jumps 41% to $9.6M. Connect with friends faster than ever with the new Facebook app. For 2012, Citi's shareholders agreed to pay Michael Corbat a base salary of $1m, a cash bonus of $4.2m, plus another $6m in deferred stock. > Company: Marathon Petroleum Corp > Industry: Energy > Total 2019 CEO compensation: $24.1 million > Annual company revenue: $123.9 billion > Median employee salary: $27,507 > CEO pay vs. median employee salary: 877 times higher, > Company: Trane Technologies Plc > Industry: Manufacturing > Total 2019 CEO compensation: $24.2 million > Annual company revenue: $16.6 billion > Median employee salary: $54,757 > CEO pay vs. median employee salary: 442 times higher, ALSO READ: Places a COVID-19 Recession Will Likely Hit Hardest, > Company: Visa Inc. > Industry: Financial services > Total 2019 CEO compensation: $24.3 million > Annual company revenue: $23.0 billion > Median employee salary: $142,494 > CEO pay vs. median employee salary: 170 times higher, > Company: Blackrock Inc. > Industry: Investment management > Total 2019 CEO compensation: $24.3 million > Annual company revenue: $14.5 billion > Median employee salary: $133,644 > CEO pay vs. median employee salary: 182 times higher, ALSO READ: US Industries Being Devastated by the Coronavirus, > Company: Universal Health Services Inc > Industry: Health care > Total 2019 CEO compensation: $24.5 million > Annual company revenue: $11.4 billion > Median employee salary: $38,931 > CEO pay vs. median employee salary: 629 times higher, > Company: Ameriprise Financial Inc > Industry: Financial services > Total 2019 CEO compensation: $24.5 million > Annual company revenue: $13.0 billion > Median employee salary: $106,428 > CEO pay vs. median employee salary: 230 times higher, ALSO READ: Companies That Have Helped Americans Fight COVID-19, > Company: General Electric Co > Industry: Industrial machinery manufacturing > Total 2019 CEO compensation: $24.6 million > Annual company revenue: $95.2 billion > Median employee salary: $50,471 > CEO pay vs. median employee salary: 486 times higher, > Company: Goldman Sachs Group Inc > Industry: Financial services > Total 2019 CEO compensation: $24.7 million > Annual company revenue: $36.5 billion > Median employee salary: $138,854 > CEO pay vs. median employee salary: 178 times higher, ALSO READ: America’s Most Hated Companies, > Company: Las Vegas Sands Corp > Industry: Resorts and casinos > Total 2019 CEO compensation: $24.7 million > Annual company revenue: $13.7 billion > Median employee salary: $42,228 > CEO pay vs. median employee salary: 584 times higher, > Company: Cummins Inc > Industry: Industrial machinery manufacturing > Total 2019 CEO compensation: $25.1 million > Annual company revenue: $23.6 billion > Median employee salary: $73,480 > CEO pay vs. median employee salary: 342 times higher, > Company: Johnson & Johnson > Industry: Health care products > Total 2019 CEO compensation: $25.4 million > Annual company revenue: $82.1 billion > Median employee salary: $76,000 > CEO pay vs. median employee salary: 334 times higher, > Company: Citigroup Inc > Industry: Financial services > Total 2019 CEO compensation: $25.5 million > Annual company revenue: $74.3 billion > Median employee salary: $52,988 > CEO pay vs. median employee salary: 481 times higher, > Company: Paypal Holdings, Inc. > Industry: Financial services > Total 2019 CEO compensation: $25.8 million > Annual company revenue: $17.8 billion > Median employee salary: $70,405 > CEO pay vs. median employee salary: 367 times higher, > Company: Cisco Systems, Inc. > Industry: Technology > Total 2019 CEO compensation: $25.8 million > Annual company revenue: $51.9 billion > Median employee salary: $142,593 > CEO pay vs. median employee salary: 181 times higher, > Company: Salesforce.com Inc > Industry: Technology > Total 2019 CEO compensation: $26.0 million > Annual company revenue: $17.1 billion > Median employee salary: $167,750 > CEO pay vs. median employee salary: 155 times higher, > Company: Bank of America Corp > Industry: Financial services > Total 2019 CEO compensation: $26.0 million > Annual company revenue: $91.2 billion > Median employee salary: $94,256 > CEO pay vs. median employee salary: 276 times higher, ALSO READ: American Brands That Might Not Survive the Coronavirus, > Company: Centene Corp > Industry: Health care > Total 2019 CEO compensation: $26.4 million > Annual company revenue: $74.6 billion > Median employee salary: $68,987 > CEO pay vs. median employee salary: 383 times higher, > Company: HCA Healthcare, Inc. > Industry: Health care > Total 2019 CEO compensation: $26.8 million > Annual company revenue: $51.3 billion > Median employee salary: $56,012 > CEO pay vs. median employee salary: 478 times higher, > Company: Fiserv Inc > Industry: Technology > Total 2019 CEO compensation: $27.6 million > Annual company revenue: $10.2 billion > Median employee salary: $65,254 > CEO pay vs. median employee salary: 423 times higher, > Company: Merck & Co. Inc. > Industry: Pharmaceuticals > Total 2019 CEO compensation: $27.6 million > Annual company revenue: $46.8 billion > Median employee salary: $95,621 > CEO pay vs. median employee salary: 289 times higher, > Company: Fidelity National Information Services, Inc. > Industry: Technology > Total 2019 CEO compensation: $27.7 million > Annual company revenue: $10.3 billion > Median employee salary: $59,235 > CEO pay vs. median employee salary: 467 times higher, > Company: Abbott Laboratories > Industry: Health care > Total 2019 CEO compensation: $27.8 million > Annual company revenue: $31.9 billion > Median employee salary: $84,434 > CEO pay vs. median employee salary: 329 times higher, > Company: Southern Co > Industry: Utilities > Total 2019 CEO compensation: $27.9 million > Annual company revenue: $21.4 billion > Median employee salary: $167,872 > CEO pay vs. median employee salary: 166 times higher, > Company: Valero Energy Corp > Industry: Energy > Total 2019 CEO compensation: $28.2 million > Annual company revenue: $108.3 billion > Median employee salary: $272,417 > CEO pay vs. median employee salary: 104 times higher, > Company: Gilead Sciences Inc > Industry: Pharmaceuticals > Total 2019 CEO compensation: $29.1 million > Annual company revenue: $22.4 billion > Median employee salary: $173,264 > CEO pay vs. median employee salary: 168 times higher, > Company: Activision Blizzard, Inc. > Industry: Electronic gaming > Total 2019 CEO compensation: $30.1 million > Annual company revenue: $6.5 billion > Median employee salary: $94,308 > CEO pay vs. median employee salary: 319 times higher, > Company: ConocoPhillips > Industry: Energy > Total 2019 CEO compensation: $30.4 million > Annual company revenue: $36.7 billion > Median employee salary: $186,334 > CEO pay vs. median employee salary: 163 times higher, > Company: Prologis, Inc. > Industry: Real estate investment > Total 2019 CEO compensation: $30.4 million > Annual company revenue: $3.3 billion > Median employee salary: $117,751 > CEO pay vs. median employee salary: 258 times higher, > Company: Lockheed Martin Corp > Industry: Defense > Total 2019 CEO compensation: $30.9 million > Annual company revenue: $59.8 billion > Median employee salary: $154,883 > CEO pay vs. median employee salary: 200 times higher, > Company: JPMorgan Chase & Co > Industry: Financial services > Total 2019 CEO compensation: $31.6 million > Annual company revenue: $115.6 billion > Median employee salary: $80,431 > CEO pay vs. median employee salary: 393 times higher, > Company: Morgan Stanley > Industry: Financial services > Total 2019 CEO compensation: $31.6 million > Annual company revenue: $38.9 billion > Median employee salary: $127,414 > CEO pay vs. median employee salary: 248 times higher, > Company: Phillips 66 > Industry: Energy > Total 2019 CEO compensation: $31.9 million > Annual company revenue: $104.6 billion > Median employee salary: $188,738 > CEO pay vs. median employee salary: 169 times higher, > Company: AT&T Inc. > Industry: Telecommunications > Total 2019 CEO compensation: $32.0 million > Annual company revenue: $181.2 billion > Median employee salary: $98,630 > CEO pay vs. median employee salary: 325 times higher, > Company: Chevron Corp > Industry: Energy > Total 2019 CEO compensation: $33.1 million > Annual company revenue: $146.5 billion > Median employee salary: $140,063 > CEO pay vs. median employee salary: 236 times higher, > Company: Wells Fargo & Company > Industry: Financial services > Total 2019 CEO compensation: $34.3 million > Annual company revenue: $85.1 billion > Median employee salary: $65,931 > CEO pay vs. median employee salary: 520 times higher, > Company: Caterpillar Inc > Industry: Industrial machinery manufacturing > Total 2019 CEO compensation: $34.5 million > Annual company revenue: $53.8 billion > Median employee salary: $65,132 > CEO pay vs. median employee salary: 530 times higher, > Company: Comcast Corp > Industry: Entertainment > Total 2019 CEO compensation: $36.4 million > Annual company revenue: $108.9 billion > Median employee salary: $78,869 > CEO pay vs. median employee salary: 461 times higher, > Company: CVS Health Corp > Industry: Health care > Total 2019 CEO compensation: $36.5 million > Annual company revenue: $256.8 billion > Median employee salary: $46,140 > CEO pay vs. median employee salary: 790 times higher, > Company: Netflix Inc > Industry: Entertainment > Total 2019 CEO compensation: $38.6 million > Annual company revenue: $20.2 billion > Median employee salary: $202,931 > CEO pay vs. median employee salary: 190 times higher, > Company: Adobe Inc. > Industry: Technology > Total 2019 CEO compensation: $39.1 million > Annual company revenue: $11.2 billion > Median employee salary: $147,115 > CEO pay vs. median employee salary: 266 times higher, > Company: ServiceNow, Inc. > Industry: Technology > Total 2019 CEO compensation: $41.7 million > Annual company revenue: $3.5 billion > Median employee salary: $223,554 > CEO pay vs. median employee salary: 186 times higher, > Company: Fox Corp > Industry: Broadcasting > Total 2019 CEO compensation: $42.1 million > Annual company revenue: $11.4 billion > Median employee salary: N/A > CEO pay vs. median employee salary: N/A, > Company: Microsoft Corp > Industry: Technology > Total 2019 CEO compensation: $42.9 million > Annual company revenue: $125.8 billion > Median employee salary: $172,512 > CEO pay vs. median employee salary: 249 times higher, > Company: Kraft Heinz Co > Industry: Food > Total 2019 CEO compensation: $43.3 million > Annual company revenue: $25.0 billion > Median employee salary: $42,689 > CEO pay vs. median employee salary: 1,014 times higher, > Company: Discovery, Inc. > Industry: Entertainment > Total 2019 CEO compensation: $45.8 million > Annual company revenue: $11.1 billion > Median employee salary: $79,343 > CEO pay vs. median employee salary: 578 times higher, > Company: Walt Disney Co > Industry: Media > Total 2019 CEO compensation: $47.5 million > Annual company revenue: $69.6 billion > Median employee salary: $52,184 > CEO pay vs. median employee salary: 911 times higher, > Company: Howmet Aerospace Inc. > Industry: Industrial machinery > Total 2019 CEO compensation: $51.7 million > Annual company revenue: $14.2 billion > Median employee salary: $55,497 > CEO pay vs. median employee salary: 932 times higher, > Company: Advanced Micro Devices Inc > Industry: Technology > Total 2019 CEO compensation: $58.5 million > Annual company revenue: $6.7 billion > Median employee salary: $96,874 > CEO pay vs. median employee salary: 604 times higher, > Company: Intel Corp > Industry: Technology > Total 2019 CEO compensation: $66.9 million > Annual company revenue: $72.0 billion > Median employee salary: $96,300 > CEO pay vs. median employee salary: 695 times higher, > Company: Alphabet Inc. > Industry: Technology > Total 2019 CEO compensation: $280.6 million > Annual company revenue: $161.9 billion > Median employee salary: $258,708 > CEO pay vs. median employee salary: 1,085 times higher, Like us on Facebook to see similar stories, Multiple injuries in New York state school bus crash, Chipotle reveals it killed the free tortilla side because people were ordering too many during the pandemic.

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