Citigroup CEO Jane Fraser's Compensation Rises to $26 Million for 2023, Boosted by Stock Awards

Citigroup raised CEO Jane Fraser's pay by approximately 6% to $26 million for 2023, consisting of a $1.5 million base salary, $3.7 million cash bonus, and $20.8 million in deferred stock. The board credited Fraser for significant changes and addressing regulatory issues. Other Wall Street CEOs saw similar pay hikes.

Fraser's Increased Compensation

Citigroup increased CEO Jane Fraser's compensation by approximately 6% to $26 million for 2023. This includes a $1.5 million base salary, $3.7 million cash bonus, and $20.8 million in deferred stock.

Recognition of Performance

The board acknowledged Fraser's role in implementing significant changes and addressing regulatory issues as reasons for the increased compensation.