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

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Feb 12 (Reuters) - Citigroup Inc said late on Fridaythat outgoing Chief Executive Officer Mike Corbat's compensationfor 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 anincentive award of $17.5 million.(Reporting by Imani Moise; Editing by Leslie Adler)