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Vikram Pandit Topics

Citigroup's Pandit receives $15m

Former chief executive of Citigroup Vikram Pandit receives $15m after resigning from the banking giant last month.

 

Vikram Pandit steps down as Citigroup CEO

Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday, shocking Wall Street, after steering the bank through the 2008 financial crisis and the choppy years that followed.

 

Citigroup shareholders snub execs on pay

Vikram Pandit

Shareholders of Citigroup rejected a board-approved pay package for CEO Vikram Pandit and other top executives, sending a loud and clear message that executive compensation needs to be tied to performance, or else.

Senh: Nice. That's how it should be done. What message are companies sending to their executives when they raises and bonuses even if the company's not doing well.

 

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