2009-02-19bloomberg.com

Citigroup Inc., the U.S. bank that got a $52 billion government bailout, said director Roberto Hernandez Ramirez will keep free use of company aircraft and an office after he steps down from the board in April.

Hernandez, 66, will keep the perks because he remains non- executive chairman of Citigroup subsidiary Banco Nacional de Mexico, Mike Hanretta, a spokesman for the New York-based bank, said in an interview. The benefits, also including helicopter use and security for Hernandez and his family, cost $2.61 million in 2007, according to a March 2008 regulatory filing.



Comments: Be the first to add a comment

add a comment | go to forum thread