UBS CEO Ermotti to receive $17 million paycheck for 2024, Blick reports

Frankfurt (Reuters) – UBS Executive Director Sergio Ertri’s payment package came more than 15 million Swiss francs ($ 17 million), SWISS Daily BLICK reported on where information was received.

It will be more than 14.4 million Swiss francs, who received for nine months of nine months, when he returned to the integration of the credit Suisus in March.

It was Ermotti forced the best paid boss in 2023 among the leading European banks.

The UBS took her former competitor for only 3 billion Swiss francs, when a powerful facility was divided into scandal stabbing at once.

UBS refused to comment.

On Monday, the bank is scheduled to release 2024 full reports, which will include details on Ercriti’s remuneration.

($ 1 = 0.8851 Swiss franc)

(Reports Oliver Five, Christoph Stevs and Dave Gra Gra Graham editing Louise’s sky)