- Reuters/ Mike Theiler
Citigroup CEO Michael Corbat received a $16.5 million pay package in 2015, according to a regulatory filing.
That’s up 27% from the year before.
Corbat received $9 million in variable compensation, half of which was in deferred stock and half in stock tied to future performance.
He received $6 million in cash and a $1.5 million salary.
Corbat in 2014 got a 10% pay cut to about $13 million from $14.5 million in 2013.
Bank of America CEO Bryan Moynihan got a 23% raise for 2015, with a total compensation package of $16 million.
Morgan Stanley CEO James Gorman took a 6.7% pay cut for 2015, with $21 million in total.