Citigroup has new pay plan for executives

Citigroup’s executives may have to work a little harder. The bank revealed a new pay plan that ties remuneration to preset goals and targets. Executives will get 40% of awards in cash, 30% in deferred stock and 30% in performance share units, reports ft.com. Read more. Also read: Former Citi star joins RBC Citigroup fined […]

By Wire services | February 22, 2013 | Last updated on February 22, 2013

1 min read

Citigroup’s executives may have to work a little harder.

The bank revealed a new pay plan that ties remuneration to preset goals and targets. Executives will get 40% of awards in cash, 30% in deferred stock and 30% in performance share units, reports ft.com.

Wire services

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