Michael Corbat
2014
In 2014, Michael Corbat earned a total compensation of $14.5M as CEO at Citigroup, a 18% decrease compared to previous year.
Compensation breakdown
| Bonus | $4,600,000 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $6,918 |
| Non-Equity Incentive Plan | $606,924 |
| Salary | $1,500,000 |
| Stock Awards | $7,727,757 |
| Other | $15,600 |
| Total | $14,457,199 |
Corbat received $7.7M in stock awards, accounting for 53% of the total pay in 2014.
Corbat also received $4.6M in bonus, $6.9K of change in pension value and nonqualified deferred compensation earnings, $606.9K in non-equity incentive plan, $1.5M in salary and $15.6K in other compensation.
Rankings
In 2014, Michael Corbat's compensation ranked 257th out of 13,032 executives tracked by ExecPay. In other words, Corbat earned more than 98.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 257 out of 13,032 | 98th |
Division Finance, Insurance, And Real Estate | 46 out of 2,844 | 98th |
Major group Depository Institutions | 10 out of 1,248 | 99th |
Industry group Commercial Banks | 10 out of 1,011 | 99th |
Industry National Commercial Banks | 10 out of 335 | 97th |
Source: SEC filing on March 16, 2016.
Corbat's colleagues
We found two more compensation records of executives who worked with Michael Corbat at Citigroup in 2014.