Citigroup Raises Fraser’s Pay By 32% After Appointing Her As CEO

Citigroup Raises Fraser's Pay By 32% After Appointing Her As CEO

(Reuters) – Citigroup Inc Chief Executive Officer Jane Fraser will be paid $22.5 million for 2021, a 31.6% increase from the previous year when she was the president of the bank and the head of its consumer businesses, the bank disclosed on Monday.

(Reporting by David Henry in New York and Sohini Podder in Bengaluru; Editing by Aditya Soni)