CEO of Swiss bank gets record €7.5m bonus

6 articles | Updated 10h ago | Created 10h ago

On March 16, the chief executive of Swiss bank Julius Baër received a total compensation package valued at approximately $24 million in francs for his role as managing director. This sum represents roughly ten additional millions compared to what former CEO Mario Ermondi earned during similar periods according reports from Partner-feeds and Watson.ch dated March 16th morning hours respectively showing that Bollinger's pay reached CHF-ten-millions more than Ermotti did last year while also noting he got total compensation of around twenty-four million francs as reported by multiple sources...

Key Points

1

The CEO of the Swiss bank Julius Baër received a total compensation package worth approximately €18 million last year.
2

This amount represents an increase in his salary compared to previous years, though specific prior figures are not detailed here.