4/4/2025, 8:21:03 am

Citi’s $52 Million Banker Award Sparks Glass Lewis Vote Flip

Last year, Citigroup Inc. hired Vis Raghavan, a rainmaker from rival JPMorgan Chase & Co., to lift its banking fortunes. Now, Citigroup is being forced to spell out the details of Raghavan’s own fortune. Earlier this week, Glass Lewis & Co. recommended that shareholders vote against Citigroup’s executive compensation proposal at its April 29 shareholder meeting.