In the year under review the members of the Executive Board received cash compensation in the amount of CHF 2,492,822 (prior year: CHF 3,349,170).
Compensation breaks down in detail as follows:
2015 | |||||
---|---|---|---|---|---|
Gross compensation (fixed) | Gross compensation (variable) | Employer contributions | Other benefits | Total compensation | |
CHF | |||||
Kurt Bobst, CEO | 457,075 | - | 173,933 | - | 631,008 |
Other members of the Executive Board | 1,268,887 | 62,200 | 530,727 | - | 1,861,814 |
Total | 1,725,962 | 62,200 | 704,660 | - | 2,492,822* |
2014 | |||||
---|---|---|---|---|---|
Gross compensation (fixed) | Gross compensation (variable) | Employer contributions | Other benefits | Total compensation | |
CHF | |||||
Kurt Bobst, CEO | 456,175 | 75,000 | 169,122 | - | 700,297 |
Other members of the Executive Board | 1,571,873 | 268,585 | 658,415 | 150,000 | 2,648,873 |
Total | 2,028,048 | 343,585 | 827,537 | 150,000 | 3,349,170 |
There are no items which require disclosure under Art. 14 to 16 of the Ordinance against Excessive Compensation in Listed Stock Companies (OaEC) for either the current or the prior year.
* Discrepancy resulting from the modification of the operational group structure to four divisions and a reduction in the number of members of the Executive Board.