Vikram Pandit
2008
In 2008, Vikram Pandit earned a total compensation of $38.2M as CEO at Citigroup, a 6,564% increase compared to previous year.
Compensation breakdown
| Option Awards | $8,432,911 |
|---|---|
| Salary | $958,333 |
| Stock Awards | $28,830,000 |
| Other | $16,193 |
| Total | $38,237,437 |
Pandit received $28.8M in stock awards, accounting for 75% of the total pay in 2008.
Pandit also received $8.4M in option awards, $958.3K in salary and $16.2K in other compensation.
Rankings
In 2008, Vikram Pandit's compensation ranked 19th out of 9,135 executives tracked by ExecPay. In other words, Pandit earned more than 99.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 19 out of 9,135 | 100th |
Division Finance, Insurance, And Real Estate | 9 out of 2,034 | 100th |
Major group Depository Institutions | 1 out of 943 | 100th |
Industry group Commercial Banks | 1 out of 802 | 100th |
Industry National Commercial Banks | 1 out of 316 | 100th |
Source: SEC filing on March 10, 2011.
Pandit's colleagues
We found four more compensation records of executives who worked with Vikram Pandit at Citigroup in 2008.