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UBS committee faces scrutiny over Sergio Ermotti's controversial salary decision
UBS CEO Sergio Ermotti's salary for 2023 is CHF 14.4 million, drawing significant criticism and calls for transparency and a cap on bonuses. The UBS Remuneration Committee, composed of international members with limited ties to Switzerland, is under scrutiny as it decides on executive compensation amidst growing public and political pressure for reform.
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