Age, Biography and Wiki
Michael Corbat was born on 2 May, 1960 in Bristol, Connecticut, U.S., is an American banker (born 1960). Discover Michael Corbat's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 63 years old?
| Popular As |
N/A |
| Occupation |
CEO of Citigroup |
| Age |
63 years old |
| Zodiac Sign |
Taurus |
| Born |
2 May, 1960 |
| Birthday |
2 May |
| Birthplace |
Bristol, Connecticut, U.S. |
| Nationality |
United States
|
We recommend you to check the complete list of Famous People born on 2 May.
He is a member of famous CEO with the age 63 years old group.
Michael Corbat Height, Weight & Measurements
At 63 years old, Michael Corbat height not available right now. We will update Michael Corbat's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is Michael Corbat's Wife?
His wife is Donna Corbat
| Family |
| Parents |
Not Available |
| Wife |
Donna Corbat |
| Sibling |
Not Available |
| Children |
Not Available |
Michael Corbat Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Michael Corbat worth at the age of 63 years old? Michael Corbat’s income source is mostly from being a successful CEO. He is from United States. We have estimated Michael Corbat's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
CEO |
Michael Corbat Social Network
Timeline
Michael Louis "Mike" Corbat (born May 2, 1960) is an American banker who served as the chief executive officer of Citigroup from 2012 to 2021.
He was the first Harvard player to be selected since Dan Jiggetts in 1975.
Corbat worked at Citi or its predecessor companies for his entire career, starting with Salomon Brothers.
He 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).
He was two-time all Ivy League and was selected as first team College Football All-America Team in NCAA Division I-AA in 1982.
Born in Bristol, Connecticut, Corbat graduated from Harvard University in 1983 with a Bachelor of Arts degree in economics, where he also played offensive guard for the school's football team.
As 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 (TARP).
In 2011, he was named CEO of Europe, Middle East and Africa (EMEA) where he oversaw all Citi operations in the region.
His 2012 welcome from The New York Times described him as a "Jack-of-All-Trades".
In October 2012, Mike Corbat was appointed CEO of Citi after Vikram Pandit's resignation.
In 2018 The New York Times wrote that "where Mr. Corbat can steer Citigroup directly, he is doing so."
The issues he addressed included:
Corbat's annual salary was cut 21% as he was on his way out.
His pay cut and departure happened after Federal Reserve and Office of the Comptroller of the Currency (OCC) fined Citigroup $400 million for its mismanagement.
Corbat is an enthusiastic fly fisherman, golfer and downhill skier who self-describes as "an avid outdoorsman and responsible gun owner."
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.
He is married to Donna, and has two children; Brian and Allison.
In September 2020, Citigroup announced Corbat's retirement, to be effective in February 2021.
Jane Fraser was appointed to assume as CEO after Corbat, becoming the First Female CEO of a Top-Tier Investment Bank.
