65 Madison Ave · Suite 420 · Morristown, NJ · 07960

¡Attention TAC People!

Press 'p' on your keyboard to make this palette go away.

Max width: 1200px
Color Hex R G B
Blue from Logo#003d65 0 61 101
Darker Blue#021020 2 16 32
Red from Logo#780500 120 5 0
Darker Red#400000 64 0 0
Gray from Modern Firm Site#f3f2ed 243 242 237
Bright, Light Blue#ccebff 204 235 255
Form Input Background Blue#accfe6 172 207 230
Slightly Darker Blue#002e4d 0 46 77
Slightly Darker Gray#e6e5e0 0 46 77
Darker Gray#cccbc7 0 46 77
Lighter Logo Blue#005c99 204 235 255
Login Link Blue#598fb3 89 143 179
Slighty Lighter Red#99150f 153 21 15
Slighty Darker Gray#b3b2ae 179 178 174
Hunter Green#013b23 1 59 35
Lighter Green #025935 ? ? ?
Beige Charcoal #1f1e1e ? ? ?
"Metallic Gold" #D4AF37 ? ? ?
"Darker Green" #012e1b ? ? ?

Citibank Executive Discloses Income Information

New Jersey residents who are customers of Citibank can now see how just how much one of the bank’s top executives brings home every year. The attorneys of Peter Orszag, who began with the company in January of 2011, filed court documents on Monday, March 10th in anticipation for his child support hearing set for Wednesday. The documents showed that Orszag is expected to earn almost $4 million in 2014 through his employment with Citibank.

Orszag is involved in a child support dispute with his ex-wife whom he married in 1997. They divorced in 2006 after having had two children. She is reportedly asking for a modification of support payments because Orszag had a dramatic increase in income when he joined Citibank and is seeking a monthly support payment of $25,000.

The 45-year-old executive has attempted to keep his financial records out of the public eye. Besides his position at Citibank, he has held several government offices including serving as head of the Office of Management and Budget from January 2009 through July 2010. Several organizations, including the Reporters Committee for Freedom of the Press, filed a motion saying his financial information should not be sealed. A judge ruled in February 2014 in favor of the motion.

When it comes to child support payments, it is important for parents to come up with a fair amount. For this to happen, all of the financial information needs to be considered. This includes the children’s expenses as well as the income of all involved. In such an event, a divorce attorney can help a client reach an agreement about support issues without having to go to trial.

Source: Politico, “Peter Orszag riches public in child-support trial“, Lucy McCalmont, March 12, 2014

Begin Your Conversation

  • Disclaimer: Contacting our firm via the internet does not create an attorney-client relationship. Please do not send any confidential information through this form.

Contact Our Morris County Office

866-957-2982

973-828-0829

Morristown / Morris County Law Office

65 Madison Ave

Suite 420

Morristown, NJ 07960

Morris County Mediation Office Map