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Since 2012, Michael Corbat is serving one of world’s largest banks and a publicly listed company Citigroup Inc. (Citi) after the exit of Vikram Pandit. Citigroup CEO Mike is known for transforming the bank into a simple, safe, and strong institution with his dedication and commitment. With him at the helm, the bank has seen consistent growth in earnings. He is recognized for his aggressive cost-cutting efforts. Searching for age, career, net worth, and email address details? Scroll right through this wiki.
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The Fortune 500 company Citigroup faces competition from other banking giants like:
- JPMorgan Chase
- Bank of America
- Wells Fargo
In 2017, Michael Corbat obtained a total salary of 23 million USD, 48% up from his previous year’s salary and the heftiest compensation he gained ever since he became the boss. The pay package included base salary of 1.5 million USD and incentive award worth 21.5 million. His net worth will be updated soon.
Hedge funds and institutional investors are reportedly 76.67% owners of the company’s stock. Some of them include Korea Investment Corporation, Twin Tree Management LP, AT Bancorp, Pictet Bank & Trust Limited, and Swedbank.
Information related to funding and valuation will be added in some time.
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Career & Education – Company, University, & College
The Citi CEO Mike Corbat’s association with the bank and its forerunner companies dates back to 1983. Prior to assuming his current position, he served as the CEO of Citi’s business operations in Middle East, Africa, and Europe. Earlier, he was at Citi Holdings, where he took care of its non-core businesses and assets as the CEO. During this stint, he helped the bank to release its capital through divestment of assets worth more than 500 billion USD. Other than that, he worked with Citi’s Global Wealth Management unit as CEO and Global Corporate and Global Commercial Bank as Head.
His career at Citi kick-started with Salomon Brothers.
Mike went to Harvard University to obtain his bachelor’s degree in Economics in 1983.
Contact Mike Corbat – Email Address | Twitter | LinkedIn
To contact the CEO over email try writing to [email protected].
For customer service help, you can visit the company’s Contact Us page.
Wiki Trivia on Michael Corbat – Age, Wife, Family, & More
Citigroup CEO Mike, age 61, was born on May 2, 1960 in Bristol, Connecticut. He enjoys golfing, skiing, and fly fishing. His wife is Donna Corbat. When he was studying at Harvard, Michael joined the football team of the school as offensive guard.
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