COMPENSATION REPORT 2011

摘要

Not to pick on Vikram Pandit, but what does the raise in base salary the Citigroup's CEO recently received say about the "pay for performance" compensation model? Citibank posted its first annual profit since the financial crisis struck nearly four years ago, which gave its board the confidence to hike Pandit's salary from one dollar in 2010 to $1.75 million in 2011. Is Pandit's pay truly aligned with Citi's shareholder value?