(Reuters) – Citigroup said on Tuesday it had set Chief Executive Officer Jane Fraser’s 2024 compensation at $34.5 million.
The compensation includes $1.5 million of base salary, $4.95 million in cash incentive and the rest in deferred incentives, the bank said.
The bank praised the CEO for streamlining its structure and for reducing management layers.
(Reporting by Niket Nishant in Bengaluru; Editing by Alan Barona)
