(Reuters) - Citigroup Inc cut Chief Executive Officer Michael Corbat's compensation by 6 percent to $15.5 million in 2016, a year in which the bank fell short of profitability and efficiency goals and saw one-third of voting shareholders disapprove of the company's prior executive compensation.

BING NEWS:
  • Citigroup Gives CEO Corbat 48% Pay Raise as Profitability Misses Goal
    Citigroup boosted CEO Michael Corbat's pay to $23 million ... missed its profitability goal for a third straight year. His compensation included a $1.5 million salary plus a $21.5 million ...
    02/16/2018 - 4:27 am | View Link
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