Sir Winfried Bischoff held significant stock with Citigroup. At one point, he had over 855,000 shares with about 432,000 being exercisable stock options. His wealth was closely tied to the bank's stock performance, especially during his tenure as Interim CEO....
Sir Winfried Bischoff held significant stock with Citigroup. At one point, he had over 855,000 shares with about 432,000 being exercisable stock options. His wealth was closely tied to the bank's stock performance, especially during his tenure as Interim CEO. Notably, Sir Win's wealth in stock significantly fluctuated; during 2007, his total compensation also reflected the bank's challenging situation and the lack of stock awards. By the time of his retirement in 2009, his stock holdings were indicative of both his commitment to the company and the market's response to Citigroup's performance. This fluctuation illustrates how executive compensations and equity can be deeply affected by the bank's health and market perception.