Ermotti Is Europe’s Best-Paid Bank CEO as Orcel Wins 32% Raise

Sergio Ermotti, CEO of Ubs, is confirmed to be at the top of the ranking of the highest-paid bankers in Europe with a salary of 15.4 million euros in 2024

Why did John Tibbits get such a huge raise?

It sends a terrible message to give a 29 per cent raise to Conestoga College president John Tibbits, who now earns more than any college or university president in the province, Luisa D’Amato writes.

UBS AG’s Sergio Ermotti was the highest-paid CEO among continental Europe’s largest banks last year, while UniCredit SpA’s Andrea Orcel saw the biggest increase in income, Bloomberg reported. Ermotti’s total compensation in 2024 was 14.9 million Swiss francs (15.6 million euros), according to Bloomberg calculations, well above the average income of CEOs at the region’s 10 largest banks. Orcel wasn’t far behind, with 13.2 million euros, thanks to…

The head of Swiss banking group UBS AG, Sergio Ermotti, was last year the highest-paid CEO among the largest banks in continental Europe, while the head of UniCredit SpA, Andrea Orcel,…

Sergio Ermotti named highest paid banker in Europe

UBS CEO Sergio Ermotti was the highest earning CEO of the largest banks in Europe last year.

Bankers' bonuses are a guarantee for a stir, whether in society or among shareholders. Those who reward themselves richly will sooner or later…