Swati Children Rahul and Maya Vikram Shankar Pandit (born 14 January 1957 in Marathi : व क रम प ड त ) is an Indian-born American banker. During his early professional years, he taught economics at Columbia, then had a stint as a professor at In 2005, after more than two decades with Morgan Stanley, Vikram Pandit decided to leave the firm along with On 11 December 2007, Pandit was named the new CEO of On 11 February 2009, Pandit testified to Congress that he had declared to his board of directors, "My salary should be In January 2011, after working for two years for a salary of $1 a year, his annual base was raised to $1.75 million for the progress Citi made under Vikram’s leadership.On 16 October 2012, Pandit unexpectedly resigned as Citigroup CEO.While CEO of Citigroup in 2007, Vikram S. Pandit earned an annualized compensation of $3,164,320, which included a base salary of $250,000, stocks granted of $2,914,320, and options granted of $0.It was reported in May 2013 that Pandit and Hari Aiyar, another Indian executive, were acquiring a 3 percent equity stake in JM Financial and launching a $100 million fund to invest in distressed assets.Post Morgan Stanley and joining Citigroup (2006 – 2012)Post Morgan Stanley and joining Citigroup (2006 – 2012) (Vikram is married to Swati, nee Sathaye, who grew up in Monte Carlo, Singapore and Kolkata. In 2008, he earned a total compensation of $38,237,437, which included a base salary of $958,333, stocks granted of $28,830,000, and granted of $8,432,911. Profile: Vikram Pandit, New Prince of City Published by Current on 2007-12-11 Indian-born Vikram Pandit, who was appointed today as Citigroup's next chief executive officer, is often characterized in financial circles as a quiet and modest person but one with exceptional smarts. In 2008, Vikram Pandit was also given the coveted Padma Bhushan by the Government of India. -born American banker. He is the chief executive ofWhile CEO of Citigroup in 2007, Vikram S. Pandit earned an annualized compensation of $3,164,320, which included a base salary of $250,000, stocks granted of $2,914,320, and options granted of $0. She is the daughter of a hydrographer, who now lives in Pune. …
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Pandit did receive $165 million for his low performing hedge fund which was purchased by Citi in 2007. The fund has since been shuttered. Currently, he serves as the chairman of TGG Group. It was an arranged match; Shankar Pandit says proudly: "We don't He is best known as the former chief executive of the company, Citigroup; the man was at the helm from December 2007 to October 2012. In 2012, Citigroup shareholders voted in favor of a non-binding to reject a $15 million pay package for Pandit. However, after adjusting for Citigroup’s sunken share price, the package was worth just a few million dollars. Vikram Pandit was born in the state of Maharashtra, India, on 14 January 1957, in a small locality identified as Dhantoli. He now lives with his wife Swati at Central Park West, New York in a $ 17.85 million-worth apartment bought from late actor Tony
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