Sergio Ermotti, the highest paid bank boss in Europe in 2023

2024-03-28 13:41:22


Sergio Ermotti, the chief executive officer (CEO) of the Swiss banking giant UBS, received a total of 14.4 million Swiss francs last year (fixed remuneration and bonus), or just over 14.7 million euros. , since his return to the helm at the beginning of April 2023. He thus wins the title of the highest paid bank boss in Europe.

S. Ermotti was poached from the presidency of Swiss Re last spring to manage the integration of Credit Suisse. He had already led UBS for 9 years, from 2011 to 2020.

For comparison, his predecessor Ralph Hamers had collected 12.6 million Swiss francs for the whole of 2022.

1711643713
#Sergio #Ermotti #highest #paid #bank #boss #Europe

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.