Citigroup's shareholders approve 2024 pay for CEO, executives, new shares for grants

Reuters

04/29

NEW YORK, April 29 (Reuters) - A large majority of Citigroup shareholders has approved CEO's Jane Fraser's 33% pay increase to $34.5 million at a virtual annual meeting held on Tuesday, as well as the compensation for other senior executives.

More than 91% of shareholders voted in favor of the compensation packages. All proposals by Citi's board were approved with more then 90% of the votes, and all shareholders proposals were rejected.

(Reporting by Tatiana Bautzer and Niket Nishant)

((tatiana.bautzer@tr.com; Mob: +1-646-2397968; Reuters Messaging: tatiana.bautzer.thomsonreuters.com@reuters.net))

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