Lew W. Jacobs IV is Independent Director of the company. Mr. Jacobs is an experienced financial services professional and has been nominated to serve on the Board because of his considerable expertise in the areas of Human Resources, Compensation, Financial Reporting, Institutional Business, Human Capital Management, and Risk Management. Citi is an international financial services company with a significant institutional business and a large diverse workforce and Mr. Jacobs, with extensive human resources experience, enhances the Board’s ability to provide knowledgeable oversight of one of its most important elements, its employees. He has been responsible for overseeing and managing executive teams and a sizeable worldwide workforce, developing and marketing fixed-income products, and aligning financial and strategic initiatives. As a result of this experience, Mr. Jacobs brings to our Board an understanding of the global financial services industry; experience in providing insight and guidance in overseeing executive management, including executive compensation; and oversight of the challenges and risks facing large companies with complex global operations. Mr. Jacobs’ finance expertise enables him to provide a critical perspective on operational and financial aspects of the Company, including accounting and corporate finance matters.
As the Independent Director of Citigroup Inc, the total compensation of Lew Jacobs at Citigroup Inc is $361,250. There are 15 executives at Citigroup Inc getting paid more, with Michael Corbat having the highest compensation of $25,508,800.
Lew Jacobs is 49, he's been the Independent Director of Citigroup Inc since 2018. There are 32 older and 2 younger executives at Citigroup Inc. The oldest executive at Citigroup Inc is Sanford I. Weill, 87, who is the Chairman Emeritus and Sr. Advisor.
Lew's mailing address filed with the SEC is 390 Greenwich St, New York, NY 10013, USA.
Over the last 7 years, insiders at Citigroup Inc have traded over $17,196,232 worth of Citigroup Inc stock. The most active insiders traders include Gary M Reiner, Mark Mason, and Renee Jo James. On average, Citigroup Inc executives and independent directors trade stock every 44 days with the average trade being worth of $830,793. The most recent stock trade was executed by Michael Whitaker on 27 August 2019, trading 7,500 units of C stock currently worth $465,225.
Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002.
Citigroup Inc executives and other stock owners filed with the SEC include: