Ameriprise CEO's pay jumps 10% to $30.8M as company posts record revenue

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Ameriprise Financial CEO James Cracchiolo received a 10% pay rise, bringing his total compensation to $30.8 million, following a year of record revenue for the company. The Minneapolis-based financial services firm achieved $1.7 trillion in assets under management and celebrated its 20th anniversary as a publicly traded entity. This increase in CEO compensation comes as Ameriprise continues to expand its financial footprint.

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