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unicredit shareholders approve ceo pay increase despite governance concerns

UniCredit shareholders approved the bank's pay policy for 2024-2025, despite governance advisers recommending rejection due to CEO Andrea Orcel's significant pay increase. Orcel's compensation rose by 30% to 13.2 million euros last year, with potential earnings of 16.4 million euros in 2025 if targets are met. Approval rates for the pay packages dropped sharply, from 88% to 66.5% for 2025 and from 88% to 65.6% for 2024.
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Euro UniCredit S.p.A. ITA Valentina Za Angus Macswan Gianluca Semeraro Andrea Orcel Show more
Business & Industry, News Article
16:55 27.03.2025
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