{
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ubs ceo's 15 million euro salary sparks public outrage and debate

UBS CEO Sergio Ermotti's salary of 14.9 million Swiss francs (15.5 million euros) has sparked controversy, as it equates to 42,500 euros per day, mirroring the average annual salary of a Belgian worker. Despite criticism from Swiss officials regarding excessive executive pay, UBS's share price has surged by 62% since his appointment in April 2023. The broader management team's remuneration also rose significantly, totaling 149 million euros, prompting discussions about limiting executive salaries in Switzerland.
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United States Dollar Euro Swiss Franc Proximus SA Credit Suisse Strategic Income I CHE BEL Johan Thijs Colm Kelleher Ralph Hamers Guillaume Boutin Sergio Ermotti Karin Keller-Sutter Show more
Business & Industry, News Article
13:21 18.03.2025
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