Citigroup Paid Weill $127.8 Mln, Rubin Got $45.3 Mln
By Vernon Silver
New York, March 2 -- Citigroup Inc., the biggest U.S. financial services company, paid Chairman and Chief Executive Sanford Weill $127.8 million in salary, bonus, stock and stock options in 2000, the company said in a U.S. Securities and Exchange Commission filing. …
Robert Rubin, the former U.S. Treasury secretary who is chairman of Citigroup's executive committee, was paid $45.3 million in stock, cash and stock options in 2000. Rubin, 62, who joined the company in 1999, did not exercise any stock options.
Rubin's pay was up from the $21.4 million he made for working a little more than two months in 1999.
[As you'll note, Rubin's 2000 pay was actually down from what he received, on an annualized basis, in 1999. Ah, Wall Street's thanks is so fleeting for the devoted efforts of public servants like Bob.]
Carl
_________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com