Michael Corbat
2015
In 2015, Michael Corbat earned a total compensation of $14.6M as CEO at Citigroup, a 1% increase compared to previous year.
Compensation breakdown
| Bonus | $6,000,000 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $2,961 |
| Non-Equity Incentive Plan | $586,393 |
| Salary | $1,500,000 |
| Stock Awards | $6,493,169 |
| Other | $15,900 |
| Total | $14,598,423 |
Corbat received $6.5M in stock awards, accounting for 44% of the total pay in 2015.
Corbat also received $6M in bonus, $3K of change in pension value and nonqualified deferred compensation earnings, $586.4K in non-equity incentive plan, $1.5M in salary and $15.9K in other compensation.
Rankings
In 2015, Michael Corbat's compensation ranked 249th out of 13,638 executives tracked by ExecPay. In other words, Corbat earned more than 98.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 249 out of 13,638 | 98th |
Division Finance, Insurance, And Real Estate | 48 out of 2,966 | 98th |
Major group Depository Institutions | 11 out of 1,316 | 99th |
Industry group Commercial Banks | 11 out of 1,038 | 99th |
Industry National Commercial Banks | 9 out of 343 | 97th |
Source: SEC filing on March 16, 2016.
Corbat's colleagues
We found four more compensation records of executives who worked with Michael Corbat at Citigroup in 2015.