Citigroup Shares Fall Over 5% as CEO Jane Fraser’s Pay Rises 22% to $42M
Citigroup shares plunged over 5% on Thursday alongside Goldman Sachs and JPMorgan, reversing recent gains from a 66% rally since last year. The bank’s board then approved a 22% boost to CEO Jane Fraser’s total pay package, raising it to $42 million for 2025.
1. Shares Plunge Over 5% on Broad Bank Sell-Off
On Thursday, Citigroup shares tumbled more than 5% alongside Goldman Sachs and JPMorgan as financials faced heavy selling pressure, erasing gains from a 66% rally over the past year. Investors cited concerns about rising interest rates and potential slowing loan growth as catalysts for the pullback.
2. Board Approves 22% Pay Hike for CEO Jane Fraser
Following the stock’s surge, Citigroup’s compensation committee approved a 22% increase in Jane Fraser’s total 2025 compensation to $42 million. The package includes salary, bonus and equity awards tied to performance metrics, reflecting strong share gains and operational improvements under her leadership.