Last updated: 17 May 2024 at 12:57pm EST

Michael Corbat Net Worth



Michael Corbat biography

Michael L. Corbat is no longer serves as Chief Executive Officer, Director of the Company effective 2/2021. Mr. Corbat is an experienced financial services executive and finance professional, and has been nominated to serve on the Board because of his extensive experience and expertise in the areas of Financial Services, Human Capital Management, Financial Reporting, Institutional Business, Corporate and Consumer Businesses, Regulatory and Compliance, and Corporate Affairs. In his role as Chief Executive Officer of Citigroup Inc., his prior position as Citi’s CEO of Europe, Middle East, and Africa, and his extensive career at Citi he has gained experience in all of Citi’s business operations, including consumer banking, corporate and investment banking, securities and trading, and private banking services. In these roles, Mr. Corbat has gained extensive financial services, financial reporting, corporate business, and risk management experience. Additionally, in his role as CEO of Citi Holdings, Citi’s portfolio of non-core businesses and assets, he oversaw the divestiture of more than 40 businesses, including the IPO and sale of Citi’s remaining stake in Primerica. Mr. Corbat also successfully oversaw the restructuring of Citi’s consumer finance and retail partner cards businesses and divested more than $500 billion in assets, reducing risk on the Company’s balance sheet and freeing up capital to invest in Citi’s core banking business.

What is the salary of Michael Corbat?

As the Chief Executive Officer and Director of Citigroup Inc, the total compensation of Michael Corbat at Citigroup Inc is $25,508,800. There are no executives at Citigroup Inc getting paid more.



How old is Michael Corbat?

Michael Corbat is 59, he's been the Chief Executive Officer and Director of Citigroup Inc since 2012. There are 13 older and 20 younger executives at Citigroup Inc. The oldest executive at Citigroup Inc is Sanford I. Weill, 87, who is the Chairman Emeritus and Sr. Advisor.

What's Michael Corbat's mailing address?

Michael's mailing address filed with the SEC is THE CHUBB BUILDING, 17 WOODBOURNE AVENUE, HAMILTON, D0, HM 08.

Insiders trading at Citigroup Inc

Over the last 7 years, insiders at Citigroup Inc have traded over $17,196,232 worth of Citigroup Inc stock. The most active insiders traders include Gary M Reiner, Mark Mason, and Renee Jo James. On average, Citigroup Inc executives and independent directors trade stock every 44 days with the average trade being worth of $830,793. The most recent stock trade was executed by Michael Whitaker on 27 August 2019, trading 7,500 units of C stock currently worth $465,225.



What does Citigroup Inc do?

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002.



What does Citigroup Inc's logo look like?

Citigroup Inc logo

Citigroup Inc executives and stock owners

Citigroup Inc executives and other stock owners filed with the SEC include: