{
}
UBS Group reported a pre-tax profit of USD 8.8 billion for 2024, more than double the previous year, and plans a 29% dividend increase to USD 0.90 per share alongside share buybacks of up to USD 3 billion in 2025. The integration of Credit Suisse is ahead of schedule, with 58% of planned savings achieved, and the bank aims for a long-term adjusted return on equity target of 15%. Analysts have mixed views on UBS shares, with some rating them as "buy" while others maintain a "hold" stance.
UBS CEO Sergio Ermotti earned CHF 14.9 million for the past financial year, a slight increase from CHF 14.4 million, despite only nine months in office. His compensation includes a fixed salary of CHF 2.8 million and a variable component of CHF 12.1 million. The total remuneration for the Executive Board rose to CHF 143.6 million for 2024, while Chairman Colm Kelleher's pay increased to CHF 5.5 million.
UBS CEO Sergio Ermotti will earn approximately CHF14.9 million in 2024, a slight increase from CHF14.4 million in 2023, despite only working nine months last year. The total remuneration for UBS's Executive Board will reach CHF143.6 million, up from CHF140.3 million, with a significant portion of bonuses deferred to align employee interests with stakeholders. Chair Colm Kelleher will receive CHF5.5 million until the next Annual General Meeting.
UBS Group AG awarded CEO Sergio Ermotti nearly 15 million Swiss francs ($17 million) for 2024, amid scrutiny over bankers' pay in Switzerland. His compensation includes 2.8 million francs fixed and 12.1 million francs variable, while Chairman Colm Kelleher's pay rose 17% to 5.5 million francs. The bank's total bonus pool for 2024 reached $4.7 billion, as it faces potential capital requirement increases and ongoing political discussions regarding executive compensation limits.
Sergio Ermotti's total remuneration as CEO of UBS reached CHF 14.93 million in 2024, exceeding his predecessor Ralph Hamers' CHF 12.6 million in 2022. His base salary remained stable at CHF 208,333, while the annual variable component decreased slightly to CHF 12.10 million. The overall management remuneration rose to CHF 143.6 million, with Chairman Colm Kelleher earning CHF 5.5 million.
Sergio Ermotti, CEO of UBS, remains Europe's highest-paid banker with a 2024 salary of 14.9 million francs, slightly up from 14.4 million in 2023. His compensation includes 2.8 million in fixed salary and 12.1 million in variable pay, reflecting performance and risk alignment. The overall management salary bill increased to 143.6 million francs, while the board's total compensation decreased to 14.0 million francs for the 2024/25 period.
Sergio Ermotti, UBS's CEO, earned nearly CHF 15 million in 2024, with a stable monthly salary of CHF 208,333 and a reduced annual variable component of CHF 12.10 million. His predecessor, Ralph Hamers, received CHF 12.6 million in 2022, while the total management remuneration rose to CHF 143.6 million. Chairman Colm Kelleher's compensation increased to CHF 5.5 million, and the Supervisory Board's total remuneration decreased to CHF 14 million.
UBS CEO Sergio Ermotti will receive a total remuneration of CHF 14.9 million in 2024, reflecting a stable salary despite a slight reduction in his bonus. His leadership during the integration of Credit Suisse has been acknowledged, although high bonuses continue to provoke public backlash in Switzerland, prompting discussions in parliament about capping bank salaries. In comparison, Ermotti's earnings are surpassed by leaders in other sectors, such as Partners Group and Novartis.
Sergio Ermotti, CEO of UBS, earned CHF 14.9 million in 2024, following a remuneration of CHF 14.4 million over nine months in 2023. Chairman Colm Kelleher's earnings increased to CHF 5.5 million from CHF 4.7 million the previous year, while total management compensation rose to CHF 143.6 million.
UBS CEO Ermotti's compensation for 2024 is set at CHF 14.9 million, reflecting a nine-month tenure in 2023, with a fixed salary of CHF 2.8 million and a variable component of CHF 12.1 million. The bank has allocated CHF 143.6 million for its Executive Board, while provisions for legal cases stand at USD 3.6 billion, including ongoing litigation in France related to tax violations.
Colm Kelleher
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ubs reports record profits plans dividend increase and share buybacks
Euro
United States Dollar
UBS Group AG
Credit Suisse Strategic Income I
CHE
Sergio Ermotti
Colm Kelleher
11:17 17.03.2025
ubs ceo earns 14.9 million in nine months amid management pay increase
11:04 17.03.2025
ubs executive board compensation rises to 143.6 million francs in 2024
11:01 17.03.2025
ubs awards ceo ermotti 17 million amid scrutiny over bankers pay
Swiss Franc
UBS Group AG
Credit Suisse Strategic Income I
CHE
Sergio Ermotti
Colm Kelleher
Karin Keller-Sutter
Show more
10:18 17.03.2025
Sergio Ermotti's 2024 remuneration at UBS reaches nearly 15 million francs
10:15 17.03.2025
ubs ceo sergio ermotti remains highest paid banker in europe
10:05 17.03.2025
ubs ceo sergio ermotti earns nearly 15 million francs in 2024
09:54 17.03.2025
ubs ceo ermotti earns 14.9 million francs amid salary stagnation
Euro
Swiss Franc
United States Dollar
Axon Partners Group, S.A.
UBS Group AG
Novartis AG
Credit Suisse Strategic Income I
CHE
Sergio Ermotti
Colm Kelleher
Vasant Narasimhan
Show more
09:41 17.03.2025
ubs ceo sergio ermotti earns 14.9 million francs in 2024
09:04 17.03.2025
ubs ceo ermotti receives increased compensation amid legal provisions and challenges
08:38 17.03.2025
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
Central Bank Actions
GDP Growth & Recession Forecasts
CEO Changes
Global Trade Developments
Financial Scams and Security
Industry Mergers & Acquisitions
Inflation and Monetary Impact
Market Analysis and Predictions
Government Policies
Government Economic Policies
Supply Chain Management
Startups & Entrepreneurship
Domestic Politics
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Bank of America Corporation
Barclays PLC
Wells Fargo & Company
Citigroup Inc.
Deutsche Bank Money Market PP
Morgan Stanley
Huawei Technologies CO. Ltd.
Lloyds Banking Group plc
Credit Suisse Strategic Income I
NVIDIA Corporation
AXA SA
Safran SA
Banco Santander, S.A.
Novartis AG
Microsoft Corporation
End Federal Reserve USD
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Russian Ruble
Australian Dollar
Canadian Dollar
United Arab Emirates Dirham
Indonesian Rupiah
Saudi Riyal
South Korean Won
Danish Krone
Offshore Chinese Yuan
Hong Kong Dollar
Mexican Peso
Malaysian Ringgit
Vietnamese Đồng
People: