Citi's Weill Pulled In $28.6 Million in 2000
Citigroup's (C Quote) latest ads advise people to "Live Richly." Judging from Sandy Weill's latest pay stub, he is doing just that.
According to a regulatory filing, Weill's 2000 compensation package comes to $28.6 million, including a regular salary of $1 million, a hefty $18.4 million bonus, $8.7 million in restricted stock and $450,000 of "other income." Weill's bonus skyrocketed 112% in 2000, to $18.5 million, even as earnings per share rose just 21%. In comparison, Weill's bonus rose 42% in 1999, against a 75% rise in EPS.
A more recent hire, former Treasury Secretary Robert Rubin, has quickly come up to speed. Rubin, who came on board in October 1999, earned a $10 million bonus on top of his $1 million salary. Adding in restricted stock and other income, Rubin's package totaled $16.5 million. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,328.89 | 1,102.47 | 2,211.69 | 35.46 |
Oil *
73.88
|
|
UP
20.63
|
UP
6.40
|
UP
31.64
|
UP
0.59
|
10 Yr
3.55%
SPDR Gold
108.95
|
|
+0.20%
|
+0.58%
|
+1.45%
|
+1.69%
|
Data delayed 20 minutes |
Connect with TheStreet