Citigroup paid CEO Jane Fraser $24.5 million for 2022, up 9% from the prior year. None of the other big bank chiefs received a raise for 2022.
Jane Fraser took over Citigroup amid a regulatory order to revamp the vast systems that underpin its controls and safety measures.Citigroup Inc. paid Chief Executive Jane Fraser $24.5 million for 2022, up 9% from the prior year.
Ms. Fraser received a $1.5 million salary and a $3.45 million cash bonus, according to a filing on Tuesday. The bulk of her pay comes in restricted stock units that will ultimately be determined by the bank’s performance in the coming years.
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