After former CEO of the company Jes Staley was linked to Jeffrey Epstein amid the sexual assault investigation, he resigned from his position at the company. And now CS Vekatakrishnan has been appointed to replace him. So now the spotlight is on CS Venkatakrishnan and people want to know more about him.
Let’s dig deeper into CS Venkatakrishnan on Wikipedia, where we cover details about his net worth, wife, and expected salary.
CS Venkatakrishnan Net Worth
With the promised $2.7 million in part cash and part Barclays stock, plus his salary at JP Morgan as CEO, which was around $341,217 (according to Glassdoor), he has amassed a substantial net worth of nearly $30 million.
After Jes Staley stepped up to the CEO position of Barclays CS Venkatakrishnan was ready to take on the role. Jes had been with the company since December 2015. During his 6 years at Barclay, he demonstrated a genuine commitment to the financial well-being of the company. But his relationship with Jeffrey Epstein cost him his reputation and position at Barclay.
However, effective from 1 November 2021, Mr CS Venkatakrishnan aka Venkat will assume the position of Group Chief Executive Officer, subject to regulatory approval and a director of Barclays. Prior to this role, he served the company from Group Chief Risk Officer (March 2016-October 2020) to Global Head of Markets (October 2020-1 November 2021).
In an official press release, Barclay said, “The Board has long had confidence in Venkat’s ability to lead Barclays Group and is delighted to have such a strong internal candidate. The Board is confident that Barclays under his leadership will continue to drive the strategic direction and improve performance on the progress of recent years.”
Prior to joining Barclays, Venkat worked at JP Morgan for 21 years as a Managing Director.
CS Venkatakrishnan’s salary at Barclays
According to the press release, CS Venkatakrishnan will receive a fixed salary of £2.7 million, paid 50% in cash (paid monthly) and 50% in Barclays shares. The shares are reportedly paid quarterly and will be subject to a vesting period with restrictions lifted within five years. This is in addition to an annual bonus of up to £2.51 million, plus a further long-term bonus of up to £3.78 million, for 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 is paid $213,045, or £155,640 a year.
Who is CS Venkatakrishnan’s wife?
CS Venkatakrishnan seems to be absent from social media platforms. So there is no way to access information regarding his married life. Before this appointment, he was not a widely discussed individual on public platforms. So we still do not know much about his married life. So, you know, all the information about his wife and children remains hidden and away from public eye at the moment.
So stay tuned with us for any updates regarding this phase of his life. However, some online websites state that his family includes Vidhya Venkatakrishnan and Priya Venkatakrishnan as family members. So, Vidhya Venkatakrishnan is most likely to be the wife of CS Venkatakrishnan.
CS Venkatakrishnan Full Name
Venkat’s full name is Coimbatore Venkatakrishnan Krishnan.
CS Venkatakrishnan Family, Ethnicity
As mentioned, CS Vekatakrishnan is secretive about his family members. But we know for sure that he hails from India, specifically from the South Indian region. He is an American of Indian origin. And the fact that he has lived in the United States for more than 30 years, proves that his children are US citizens of Indian origin.
However, some online websites say his family includes Vidhya Venkatakrishnan and Priya Venkatakrishnan.
Related FAQs
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How old is CS Venkatakrishnan?
CS Venkatakrishnan appears to be in his mid-50s. His exact age is unknown. 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 is not less than 5 feet 8 inches tall.
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Where did CS Venkatakrishnan receive his education?
Venkat holds an SB, SM Master of Science in Operations Research for Operations and Society, and a PhD in Operations Research from the Massachusetts Institute of Technology. Meanwhile, he also received an SB, BA in Operations and Society from UROP, as an honorary degree.
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Is CS Venkatakrishnan on Instagram, Facebook?
Based on our research, we would like to confirm that Venkat does not have any social media accounts. Even if he does, those accounts are undetectable, making it impossible to access his social media platforms. So, we would like to conclude that he is not on Instagram nor Facebook.