Citi shareholders block executive pay plan - Yahoo! News
Citigroup shareholders refused to endorse a pay plan for Chief Executive Vikram Pandit and four other officials Tuesday, dealing a blow to a management that has failed to pull up the bank's stock since the financial crisis.
Shareholders turned back the board's compensation plan for the top five executives, which included a $14.9 million package for Pandit for 2011, after he kept his salary in 2010 at just $1.00...
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