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Citigroup Investors Vote Down CEO’s Lavish Pay Package

NEW YORK  — Citigroup has become the first Wall Street bank to get a thumbs-down from shareholders over outsized executive pay. At its annual meeting Tuesday, 55 percent of the bank’s shareholders voted against the pay packages that have been granted to Citigroup’s top executives, including CEO Vikram Pandit’s $15 million for last year and [...]
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How Citigroup shareholders smacked down their CEO's massive bonus

Business & Finance : The Week: U.S. Business (3 years ago)

Citigroup shareholders dealt a harsh blow to CEO Vikram Pandit on Tuesday, rejecting his $15 million pay package at Citi's annual meeting in Dallas. The vote is non-binding — meaning that Citi's board of directors could ignore it — ... Read Post

Citigroup Investors Reject Exec Pay

US Politics / Liberal : Drudge Retort Weblog (3 years ago)

Citigroup has become the first Wall Street bank whose shareholders have voted to reject its massive compensation packages for top executives. At the annual meeting Tuesday, 55 percent of the bank's shareholders voted against the pay... Read Post

Citigroup investors unhappy with exec pay

Business & Finance : Business Report (3 years ago)

Citigroup has become the first Wall Street bank to get a thumbs-down from shareholders over outsized executive pay. ||| Citigroup has become the first Wall Street bank to get a thumbs-down from shareholders over outsized executive p... Read Post


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