After the association of former Group Chief Executive Jes Staley with Jeffrey Epstein amidst sexual-assault investigation, he stepped down from his position in the company. And, now CS Vekatakrishnan has been appointed as his replacement. So, now attention is on CS Venkatakrishnan and people would like to know more about him.
Delve into this CS Venkatakrishnan Wikipedia where we cover details on his net worth, wife, and his expected salary.
CS Venkatakrishnan Net Worth
With the promised sum of $2.7m in part cash and part equity share of Barclays, plus his salary in JP Morgan as Managing Director, which is around $341,217 (according to Glassdoor), he accumulated a handsome net worth of nearly $30 million, give and take.
After Jes Staley stepped on his position as a CEO of Barclays CS Venkatakrishnan is ready to fill the position. Jes worked in the company since December 2015. During the 6 years serving in Barclay, he had demonstrated a real commitment to the financial well-being of the company. But, his association with Jeffrey Epstein has cost him his reputation and his position in the Barclay.
However, with effect from 1 November 2021, Mr. CS Venkatakrishnan AKA Venkat is taking oper as Group Chief Executive, subject to regulatory approval, and as a director of Barclays. Before the position, he had been serving the company as Group Chief Risk Officer (March 2016-October 2020) to Head of Global Markets (October 2020-1 November 2021).
In the official press release, Barclay stated, “The Board has long been confident in Venkat’s capabilities to run the Barclays Group and is delighted to have such a strong internal candidate. The Board is confident that Barclays under his leadership will continue its strategic direction and improve performance in line with the progress of recent years.”
Before joining Barclays, Venkat worked in J.P. Morgan for 21 years as a Managing Director.
CS Venkatakrishnan Salary At Barclays
According to the press release, CS Venkatakrishnan would receive fixed pay of £2.7m, deliver 50% in cash (paid monthly), and 50% delivered in Barclays shares. As reported the shares are delivered quarterly and will be subject to a holding period with restrictions lifting over 5 years. Plus one annual bonus of up to £2.51 million, plus another longer-term bonus of up to £3.78 million, making a total of up to £9.13 million.
In addition, Venkata has also been promised a cash payment instead of a pension of £135,000 per annum. According to Glassdoor, Barclays Chief Risk Officer made a salary of $213,045 equivalent to £155,640 per annum.
Who Is CS Venkatakrishnan Wife?
CS Venkatakrishnan doesn’t seem to be on social media platforms. So, there is no way to access information regarding his married life. Before this appointment, he wasn’t the individual widely discussed on public platforms. Hence, we are yet to learn more about his marital life. So you know, all the information on his wife and his kids remains hidden and kept away from the public attention at the moment.
Hence, stick with us for any updates on this part of his life. However, some online sites stated that his family included Vidhya Venkatakrishnan and Priya Venkatakrishnan as his family members. So, Vidhya Venkatakrishnan is more 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 already stated, CS Vekatakrishnan is private about his family members. But, we know for sure that he hailed from India, particularly from the South-India area. He is of Indian-American ethnicity. And the fact that he spent more than 30 years in the U.S., states that his children are American citizens of Indian heritage.
However, some online sites stated that his family included Vidhya Venkatakrishnan and Priya Venkatakrishnan as his family members.
Related FAQs
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How Old Is CS Venkatakrishnan?
CS Venkatakrishnan appears to be in his mid-50s. His precise age remains obscure. 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, not less than 5 feet 8 inches.
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Where Did CS Venkatakrishnan Recieve His Education?
Venkat holds an S.B., S.M. Master of Science degree in Operations research for Activities and Societies, and a Ph.D. degree in Operations Research from the Massachusetts Institute of Technology. Whereas he also received an S.B., a degree in a Bachelor of Science degree in Activities and Societies for 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 doesn’t have any social media accounts. Even if he did, the handles are impossible to discover which made it impossible to access his social media platforms. So, we would like to conclude he is not on Instagram as well as Facebook.
