Citigroup Boosts Pandit's Base Salary to $1.75 Million From $1
Pandit, who has led the New York-based bank since December of 2007, “has worked tirelessly to put Citi back on the right track, spearheading a restructuring that has returned the company to profitability and positioning the company for future growth,” Chairman Richard Parsons said in a statement today.
The new salary is effective immediately, according to the statement.
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