Corbat receives $14.1M in pay in 2013

|By:, SA News Editor

In his first full year as CEO of Citigroup (C) Michael Corbat earned an estimated $14.1M, 23% more than he received in 2012. Of that amount, $1.5M was base salary and $3.78M was deferred stock.

Corbat's pay is roughly inline with the $14M received by BofA chief Brian Moynihan, but less than the $20M of JPM's Jamie Dimon.

Citigroup, of course - under a good deal of pressure from shareholders - overhauled its executive pay structure in 2013.