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Citigroup slashes CEO's pay by 21%, to $19 million

Feb 12 (Reuters) - Citigroup Inc said late on Friday that outgoing Chief Executive Officer Mike Corbat’s compensation for 2020 would be $19 million, a 21% decrease from 2019, according to a regulatory filing.

The total is comprised of $1.5 million in base salary and an incentive award of $17.5 million. (Reporting by Imani Moise; Editing by Leslie Adler)

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