Michael Corbat Biography-Wiki
Michael Corbat is an American banker who is well known for holding the chief executive officer (CEO) position of Citigroup, a multinational Investment bank and financial services corporation, since October 2012. As CEO, he was held up in the financial crisis of 2008 and Citi’s participation in the Troubled Asset Relief Program; but he managed to lead the divestiture of a portfolio of non-core business and assets.
Corbat was born and raised in Bristol, Connecticut. He grew up in a middle-class family with supportive parents who ensured he had all the basic necessities for a good upbringing. He played football in school and this rhymed with his interest in arithmetics. As usual, his love for math got him the name geek or nerd.
In the beginning, the banker saw the names as an insult but he later came to love after realizing that it made him a cool kid. Besides, the combination of skills he had when it came to football and math helped him evade the torture that came with bullying.
When he is not busy running and managing Citigroup, Corbat is an enthusiastic fly fisherman, golfer, and downhill skier. He serves on the Citigroup Board of Directors, the EMI Board of Directors, BritishAmerican Business Board of Directors and the U.S. Ski and Snowboard Team Foundation Board of Trustees.
Michael Corbat Age and Birthday
The Citi CEO is 59 years old as of 2020 as he was born on May 2, 1960, in Bristol, Connecticut, United States of America. He celebrates his birthday on May 2nd every year.
Michael Corbat Height and Weight
Michael appears to be quite tall in stature of his photos, relative to his surroundings, which are anything to go by. When you look at his alluring body physique, it is evident that Michael engages in exercising and staying physically fit.
It’s unclear what his workout routine consists of, but it’s clear that he’s definitely been working out. However, details regarding his actual height and other body measurements are currently not publicly available. We are keeping tabs on this information and will update this information once it is out.
Michael Corbat Education
The chief executive officer of Citigroup graduated from Harvard University with a Bachelor of Arts in economics.
While pursuing his studies there, he also played offensive guard for the school’s football team. In 1982, he was selected as first-team College Football All-America Team in NCAA Division I-AA.
Michael Corbat Family
Michael Corbat Parents | Mother
After doing our research, details about his parents are not available and it is also not known if he has any siblings.
What we know is that his mother is referred to as Mrs. Deanne Corbat. We will update the information on whether he has any brothers and sisters when details regarding his family members are revealed.
Michael Corbat Wife | Spouse
Corbat is married to Donna. It is not known when or where the couple exchanged their vows and together they are blessed with two children namely, Brian and Allison. Perhaps because of security reasons, Corbat has opted not to share his precise location of residence.
Michael Corbat Children
Donna and Corbat are the parents of two kids, a son, and daughter. Their son is named Brian whereas their daughter’s name is Allison.
Michael Corbat Facts and Body Measurements
- Full Name: Michael Corbat
- Age/ How Old?: 59
- Date of Birth: May 2, 1960
- Place of Birth: Bristol, Connecticut
- Education: Harvard University
- Birthday: 2nd May
- Nationality: American
- Father’s Name: Not disclosed
- Mother’s Name: Mrs. Deanne Corbat
- Married?: Donna
- Children/ Kids: A son and daughter
- Height/ How tall?: Not disclosed
- Profession: Banker
Michael Corbat Citi | Michael Corbat Citigroup
In his entire career, Michael has worked at Citi or its predecessor companies. He started with Salomon Brothers. Michael has served as Head of Citi’s Global Corporate Bank and Global Commercial Bank and CEO of Citi’s Global Wealth Management (consisting of Smith Barney and the Citi Private Bank).
Being the CEO of Citi Holdings, he was responsible for and led the divestiture of a portfolio of non-core business and assets following the financial crisis of 2008 and Citi’s participation in the Troubled Asset Relief Program. He was named CEO of Europe, Middle East and Africa (EMEA)in 2011, where he oversaw all Citi operations in the region. Corbat was appointed CEO of Citi in October 2012 after Vikram Pandit’s resignation.
Michael Corbat Salary
Corbat receives an annual salary of about $23 million as the CEO at CITIGROUP INC. In 2017, he made $17,797,952 from his CEO job in total compensation. Out of that sum, 1,500,000 was received as a salary, $6,450,000 was received as a bonus, $9,831,752 was awarded as stock and $16,200 came from other types of compensation.
Michael Corbat Net Worth
The Citi CEO has been in the finance industry for quite a long time. He has no doubt amassed a huge fortune with the bulk of his wealth coming from his professional banking career. Despite his obvious riches, Corbat prefers to lead a modest lifestyle. However, the specifics about his assets and liabilities are still under review making it difficult to establish his actual net worth.
Michael Corbat House
His home is most likely a well-furnished house either in New York or one of its neighboring areas. Perhaps because of security reasons, Corbat has not shared his precise location of residence. We will immediately update this information if we get the location and images of his house.
Frequently Asked Questions About Michael Corbat
Who is Michael Corbat?
Michael Corbat is an American banker who is well known for holding the chief executive officer (CEO) position of Citigroup, a multinational Investment bank and financial services corporation, since October 2012. As CEO, he was held up in the financial crisis of 2008 and Citi’s participation in the Troubled Asset Relief Program; but he managed to lead the divestiture of a portfolio of non-core business and assets.
How old is Michael Corbat?
The Citi CEO is 59 years old as of 2020 as he was born on May 2, 1960, in Bristol, Connecticut, United States of America. He celebrates his birthday on May 2nd every year.
Where did Michael Corbat attend college?
The chief executive officer of Citigroup graduated from Harvard University with a Bachelor of Arts in economics.
While pursuing his studies there, he also played offensive guard for the school’s football team. In 1982, he was selected as first-team College Football All-America Team in NCAA Division I-AA.
How tall is Michael Corbat?
Michael has not shared his height with the public. His height will be listed once we have it from a credible source.
How many siblings does Michael Corbat have?
After doing our research, details about his parents are not available and it is also not known if he has any siblings.
What we know is that his mother is referred to as Mrs. Deanne Corbat. We will update the information on whether he has any brothers and sisters when details regarding his family members are revealed.
Is Michael Corbat married?
Corbat is married to Donna. It is not known when or where the couple exchanged their vows and together they are blessed with two children namely, Brian and Allison. Perhaps because of security reasons, Corbat has opted not to share his precise location of residence.
How many children does Michael Corbat have?
Donna and Corbat are the parents of two kids, a son, and daughter. Their son is named Brian whereas their daughter’s name is Allison.
How much is Michael Corbat worth?
Michael has not yet revealed his net worth. We will update this section when we get and verify information about the wealth and properties under his name.
How much does Michael Corbat make?
He receives an annual salary of about $23 million as the CEO at CITIGROUP INC. In 2017, he made $17,797,952 from his CEO job in total compensation. Out of that sum, 1,500,000 was received as a salary, $6,450,000 was received as a bonus, $9,831,752 was awarded as stock and $16,200 came from other types of compensation.
Where does M. Corbat live?
Because of security reasons, Michael has not shared his precise location of residence. We will immediately update this information if we get the location and images of his house.
Is M. Corbat dead or alive?
Michael is alive and in good health. There have been no reports of him being sick or having any health-related issues.
Where is M. Corbat Now?
Michael is still an active participant in the banking industry. He has been the Chief Executive Officer at Citi since 2012
Michael Corbat Interview
Michael talks about comments by Treasury Secretary on the weaker U.S. dollar, President Trump’s trade strategy, the benefits of tax reform, and thoughts on cryptocurrency.