Introduction
Citigroup, commonly known as Citi, has disclosed that CEO Jane Fraser received a staggering $42 million in compensation for the year 2025. This significant pay package reflects a 21.7% raise from the previous year and positions Fraser as one of the highest-paid CEOs among the top U.S.-based global systemically important banks.
Key Insights
Dive Brief
- Citi paid CEO Jane Fraser $42 million for 2025, marking a 21.7% raise from 2024 when she received $34.5 million. This places her among the top-paid CEOs in the banking industry.
- Fraser’s compensation package includes a base salary of $1.5 million, a cash incentive of $6.075 million, deferred stock worth $14.175 million, and variable performance share units totaling $20.25 million.
- Fraser’s pay is in line with the trend of increasing CEO compensation in the banking sector, with other U.S. G-SIBs also paying their chief executives over $40 million for the year.
Dive Insight
- Fraser’s compensation reflects her strategic vision and the successful execution of Citi’s transformation efforts, including modernizing internal technology and strengthening risk management processes.
- In 2025, Citi saw a 35.4% increase in stock value, outperforming several of its peers in the banking industry.
- Fraser oversaw Citi’s exit from foreign retail markets, including Poland, Russia, and Mexico, as part of the bank’s reorganization and cost-cutting initiatives.
Conclusion
Overall, Jane Fraser’s $42 million compensation for 2025 underscores her leadership in driving Citi’s performance and transformation. With a focus on innovation, risk management, and strategic decision-making, Fraser has positioned Citi for continued growth and success in the competitive banking landscape.
