After the group’s former CEO, Jes Staley, was linked to Jeffrey Epstein amid a sexual assault investigation, he resigned from the company. And now CS Vekatakrishnan has been installed as his replacement. So now the focus is on CS Venkatakrishnan and people would like to know more about him.
Dive into this CS Venkatakrishnan Wikipedia where we cover details about his net worth, wife, and his expected salary.
CS Venkatakrishnan Net Worth
With a pledge of $2.7 million partly in cash and partly in Barclays stock, plus his salary at JP Morgan as a managing director, which is roughly $341,217 (according to Glassdoor), he has amassed a handsome net worth of nearly $30 million.
With Jes Staley taking over as CEO of Barclays CS, Venkatakrishnan is ready to step into the role. Jes has been with the company since December 2015. During his 6 years of service at Barclay, he has shown a real commitment to the financial well-being of the company. But his association with Jeffrey Epstein cost him his reputation and his position at Barclay.
However, effective November 1, 2021, Mr. CS Venkatakrishnan, also known as Venkat, will take over as Group Chief Executive Officer, subject to regulatory approval, and as a Director of Barclays. Prior to that role, he worked at the company from Group Risk Director (March 2016-October 2020) to Global Markets Director (October 2020-November 1, 2021).
In an official press release, Barclay stated: “The Board has long trusted Venkat’s abilities to lead the Barclays Group and is delighted to have such a strong internal candidate. The board is confident that, under his leadership, Barclays will continue its strategic direction and improve performance in line with the progress of recent years.”
Before joining Barclays, Venkat spent 21 years at JP Morgan as a managing director.
CS Venkatakrishnan pays at Barclays
According to a press release, CS Venkatakrishnan would receive a fixed salary of £2.7m, pay 50% in cash (monthly payment) and pay 50% in Barclays shares. As reported, the shares are delivered quarterly and are subject to a 5-year unrestricted holding period. Plus an annual bonus of up to £2.51 million, plus a further long-term bonus of up to £3.78 million, making a total of £9.13 million.
In addition, Venkata was also promised a cash payment in lieu of a pension of £135,000 a year. According to Glassdoor, Barclays’ chief risk officer had a salary of $213,045, which is equivalent to £155,640 a year.
Who is CS Venkatakrishnan’s wife?
CS Venkatakrishnan does not appear to be on social media platforms. So there is no way to get information about his married life. Prior to this appointment, he was not a person to be talked about much in public forums. So, we still have to know more about his married life. You know, all the information about his wife and children is currently kept hidden and away from the public.
So stay tuned for all the news about this part of his life. However, some websites claim that her family members are Vidhya Venkatakrishnan and Priya Venkatakrishnan. So it is more likely that Vidhya Venkatakrishnan is the wife of CS Venkatakrishnan.
CS Venkatakrishnan Full Name
Venkat’s full name is Coimbatore Venkatakrishnan Krishnan.
CS Venkatakrishnan Family, ethnicity
As said before, CS Vekatakrishnan does not say anything about his family members. But we know for sure that he came from India, especially from the South Indian area. He is of Indian-American nationality. And the fact that he has spent more than 30 years in the US means that his children are American citizens of Indian origin.
However, some websites claim that her family members are Vidhya Venkatakrishnan and Priya Venkatakrishnan.
Related FAQ
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How old is CS Venkatakrishnan?
CS Venkatakrishnan appears to be in his 50s. His exact age remains unclear. Over the years he has lived in places like Cambridge, Massachusetts, White Plains, New York, Mountain View, California, and Palo Alto, California.
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How tall is CS Venkatakrishnan?
Venkat could stand tall, no less than 5 feet 8 inches.
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Where was CS Venkatakrishnan educated?
Venkat has an SB, SM Master of Science in Operations Research for Activities and Societies and a Ph.D. BA in Operations Research from the Massachusetts Institute of Technology. While he also received an SB, Bachelor of Science in Activities and Societies for UROP, as an honorary degree.
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Is CS Venkatakrishnan on Instagram, Facebook?
Based on our investigation, we would like to confirm that Venkat does not have any social media accounts. Even if he did, the identifiers are impossible to detect, making it impossible to access his social media platforms. So, we would like to conclude that he is not on Instagram as well as he is on Facebook.
Categories: Biography
Source: newstars.edu.vn