Citi’s Board Rewards CEO Jane Fraser with a 33% Pay Increase Amid Strategical Overhaul

In a significant move reflecting the ongoing strategic transformation at Citigroup, the bank's board has approved a substantial pay increase for CEO Jane Fraser. Her compensation has been raised by 33%, bringing her total earnings for the year to an impressive $34.5 million. This decision speaks volumes about the board's confidence in Fraser's leadership as she steers the institution through a period of critical changes aimed at bolstering the bank's profitability and market position.

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