Finance Geek

Is Citigroup CEO Vikram Pandit worth $15 million? Citi shareholders don’t think so. They gave a vote of no confidence to Pandit’s board-approved compensation package on Tuesday, snubbing Pandit and sounding a clarion call to other investors: It’s time to fight excessive executive pay. Shareholders definitely made a bold statement by rejecting the offer but [...]

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This entry was posted on Wednesday, April 18th, 2012 at 8:59 am and is filed under Yahoo Tech Ticker. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.