Finance
Citi Lifts CEO Jane Fraser’s Pay by a Third to $34.5 Million
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Citigroup Inc. lifted Chief Executive Officer Jane Fraser’s total compensation to $34.5 million for 2024 — up a third from the previous year — as she continues to drive a plan for higher returns at the Wall Street bank.
Fraser’s pay, the vast majority of which is in the form of stock-linked awards, is up from the $26 million she received for 2023 and represents the biggest raise among CEOs of large US banks.