Citigroup CEO Leaves $33 Million on the Table
October 19th, 2012 by JBWK
After a surprising announcement this week that Citigroup CEO Vikram Pandit was stepping down, talk turned to how much he would take with him. Turns out it may not be all that much.
Bloomberg reports that, depending on how he resigned and whether the board gives him something additional, Pandit could have walked away from $33 million in deferred compensation and unvested stock options.
But don’t feel too bad–including his payment from Citigroup to buy his hedge fund, he hauled in over $200 million since taking the job in 2007.
Comments are closed.