Michael Corbat
2013
In 2013, Michael Corbat earned a total compensation of $17.6M as CEO at Citigroup, a 42% increase compared to previous year.
Compensation breakdown
| Bonus | $5,200,000 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $3,838 |
| Non-Equity Incentive Plan | $2,923,069 |
| Salary | $1,500,000 |
| Stock Awards | $7,915,912 |
| Other | $15,300 |
| Total | $17,558,119 |
Corbat received $7.9M in stock awards, accounting for 45% of the total pay in 2013.
Corbat also received $5.2M in bonus, $3.8K of change in pension value and nonqualified deferred compensation earnings, $2.9M in non-equity incentive plan, $1.5M in salary and $15.3K in other compensation.
Rankings
In 2013, Michael Corbat's compensation ranked 128th out of 12,286 executives tracked by ExecPay. In other words, Corbat earned more than 99.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 128 out of 12,286 | 99th |
Division Finance, Insurance, And Real Estate | 28 out of 2,693 | 99th |
Major group Depository Institutions | 2 out of 1,185 | 100th |
Industry group Commercial Banks | 2 out of 956 | 100th |
Industry National Commercial Banks | 2 out of 331 | 99th |
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 2013.