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Hosted on MSN · 20h

DEI retreat widens as Citigroup and PepsiCo roll back diversity policies

The retreat from corporate diversity programs widened this week as Citigroup (C) and PepsiCo (PEP) announced rollbacks of their DEI policies amid mounting scrutiny from a new administration in Washington,

Citigroup joins corporate retreat from diversity initiatives

Citigroup will no longer require a diverse slate of candidates for job interviews, its CEO said in a memo on Thursday, as corporate America contends with a new business climate under President Donald Trump.

Citibank Joins Private Sector Retreat From Diversity Initiatives

In a politically charged business climate, the global banking giant joins peers in ending many diversity, equity, and inclusion efforts, from hiring to corporate governance.

The Financial Times · 1d

Citi becomes latest US company to abandon diversity targets

Citigroup is scaling back its policies around diversity, the latest US company to retreat from targets to promote a more inclusive workforce. Donald Trump’s return to the White House has intensified a backlash to diversity,

ADWEEK on MSN · 21h

Citigroup Scales Back DEI Initiatives

The diversity, equity, and inclusion dominoes continue to fall, and Citigroup became the latest to tumble. CNBC reported that Citigroup CEO Jane Fraser sent a companywide memo Thursday, stating that it no longer require a diverse slate of candidates for job interviews,

Another Wall Street Giant Retreats From Its DEI Efforts

Citigroup has become the latest major financial institution to retreat from some of its diversity initiatives. Citigroup CEO ...

1don MSN

Major bank pulls back on diversity in job hiring as Trump administration dismantles DEI nationwide

Citigroup's CEO announced it will no longer require a diverse applicant pool for job interviews and plans to change its DEI ...

3d

Citi Lifts CEO Jane Fraser’s Pay by a Third to $34.5 Million

Citigroup Inc. lifted Chief Executive Officer Jane Fraser’s total compensation to $34.5 million for 2024 — up a third from ...

Citi gives CEO Jane Fraser a 33% pay boost

The bank credited its chief executive for her efforts with an ongoing reorganization, tech modernization and exit from Mexico ...

3d

Citigroup lifts CEO Jane Fraser’s total compensation by a third to US$34.5 million

Fraser’s pay, the vast majority of which comes in stock-linked awards, is up from the US$26 million she received for 2023.

3don MSN

Citigroup CEO Jane Fraser gets $34.5M pay for 2024

Citigroup's (C) board awarded CEO Jane Fraser a 2024 pay package totaling $34.5M, up 33% from the $26.0M she received in ...

1don MSN

Citigroup axes DEI goals, makes major change on job interviews

It is important to note that we’re living in an environment where things are changing quickly,” CEO Fraser wrote.

3d

Citi Boosts CEO Jane Fraser's Pay To $34.5 Million

Citigroup's Jane Fraser was awarded $34.5 million for her work running the banking giant in 2024, a roughly 33% raise. The ...

Citigroup Shifts Diversity Strategy Amid New Business Climate

Citigroup has decided to eliminate its requirement for a diverse slate of candidates during job interviews. Chief Executive ...

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