Citigroup’s Jane Fraser Gets $22.5 Million for First Year as CEO

Citigroup Inc. paid new Chief Executive Jane Fraser $22.5 million for her first year on the job.

Ms. Fraser, who became chief executive on March 1, 2021, was given a salary of $1.33 million and a cash bonus of $6.35 million. The bulk of her compensation—$14.82 million—is in restricted stock tied to performance metrics.