Citi CEO Vikram Pandit Loses Nickname

by Derek Loosvelt | January 24, 2011

  • My Vault

No longer can I refer to the Citigroup CEO as Vikram "The One-Dollar" Pandit.

Recently, it was revealed that Pandit, who in mid-2009 had agreed to be paid $1/year until Citi returns to profitabity, will be making $1,750,000 in salary this year.

Indeed, Pandit's comp number is a pretty cool figure. But, to be sure, it's nowhere near as cool as this one: $1,000,000,000 (that is, one billion dollars -- the amount that hedge fund investor John Paulson made last year just off his investment in the firm run by the CEO Formerly Known As The One-Dollar Pandit).

(HuffPo)

(Bloomberg)

(Related: Citigroup Unveils First "Smart Bank" in New York)

Filed Under: Finance

Close button

Get tips on interviewing, networking, resumes, and more directly to your inbox.

No Thanks

Get Our Career Newsletter

Interview, resume and job search tips emailed directly to you.