Wednesday, January 6, 2010

Who was the highest paid executive at Citigroup in 2009?

It was this gentleman. He was paid 8.97 million dollars last year although less than 500,000 of that was cash. He received the rest in 2.7 million shares of restricted stock. Good luck with those.

From the article...

"The Obama administration's pay czar, Kenneth Feinberg, who had a say over compensation for the top 100 employees at Citigroup for 2009, reviewed the structure but not the dollar amount of Havens' pay package, the paper said, citing a person familiar with the matter."

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