New York: As many as four of Citigroup's top executives will receive nearly $12 million in cash if the bank's core operations earn a total of $12 billion over the next two years, as part of a new profit-sharing plan, according to media reports. "Four of Citigroup's top executives will receive a total of nearly $12 million in cash if the bank's core operations earn a total of $12 |billion over the next two years," the Financial Times reported. The new Citigroup plan will start if the banking company earns a pre-tax profit of more than $12 billion in 2011 and 2012 less than the level of its current performance, the report noted. In 2010, Citi earned a profit of $13.2 billion before taxes. The payments will be tied to the performance of Citicorp, the group's core operations and exclude the earnings or losses recorded by Citi Holdings, the unit that houses non-core assets and businesses to be divested.