Home>Topics>>Citigroup bows to shareholder pressure, overhauls pay
Citigroup bows to shareholder pressure, overhauls pay
Reuters: Business News
Thu, 21 Feb 2013
NEW YORK (Reuters) - Citigroup Inc said on Thursday it has overhauled an executive pay plan that shareholders rejected last year as overly generous, revising it to tie bonus payments more closely to stock performance and profitability.