UBS (UBS) CEO Sergio Ermotti’s compensation for 2024 is set to reach slightly more than 15M Swiss francs, or $17M, Jeff Black and Noele Illien of Bloomberg reports, citing Swiss newspaper Blick. The amount is above the 14.4M francs he made in 2023, it is less than the maximum allowed by the company’s own rules. UBS was criticized by politicians last year who argued the compensation exceeded “the imagination of any normal citizen.”
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