Citigroup to Pay Pandit $6.7 Million Bonus

After much speculation over Vikram Pandit’s sudden departure from Citigroup, it appears – technically speaking – that Mr. Pandit will not receive a “severance package” after all. Instead, the ex-CEO will receive $6.7 million in [...]

By |2021-04-08T14:57:16-07:00November 14, 2012|Blog|Comments Off on Citigroup to Pay Pandit $6.7 Million Bonus

Pandit’s Severance Package Unknown

Perhaps the most shocking news of yesterday morning was Vikram Pandit stepping down as Chief Executive Officer of Citigroup. According to the Company’s 8-K filing on October 16, 2012, Mr. Pandit resigned after the close [...]

By |2021-04-08T14:57:22-07:00October 17, 2012|Blog|Comments Off on Pandit’s Severance Package Unknown