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Citigroup will increase CEO Fraser’s 2022 pay to $24.5 million By Reuters

Bob Truesdale by Bob Truesdale
February 21, 2023
in Stock Market
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Citigroup will increase CEO Fraser’s 2022 pay to $24.5 million By Reuters
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Citigroup increases CEO Fraser's 2022 pay to $24.5 million© Reuters. FILE PHOTO: Citigroup CEO Jane Fraser testifies earlier than a Senate Banking, Housing, and City Affairs listening to on “Annual Oversight of the Nation’s Largest Banks”, on Capitol Hill in Washington, U.S., September 22, 2022. REUTERS/Evelyn Hockstein/File Picture

(Reuters) – Citigroup (NYSE:) elevated Chief Government Officer Jane Fraser’s compensation by almost 9% to $24.5 million for 2022, the lender stated in a submitting on Tuesday.

Fraser’s complete pay in 2021 was $22.5 million.

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