Remuneration 2013
The Federal Council determines the level of remuneration for members of the Board of Directors. In 2013, the nine members of the Board received remuneration (fees and fringe benefits) totalling 1,045,800 francs. The fringe benefits totalling 260,800 francs are shown in the total remuneration. In 2013, the Chairman of the Board's fee totalled 225,000 francs. The fringe benefits amounted to 27,000 francs.
In 2013, the seven members of Executive Management and the CEO received remuneration (base salaries, fringe benefits, performance-based components and severance packages) totalling 4,261,701 francs. The fringe benefits totalling 309,709 francs are shown in the total remuneration. The performance-related component effectively payable to members of Executive Management in 2014, which is based on attainment of targets in 2012 and 2013, amounts to 921,992 francs.
The base salary of the CEO totalled 530,000 francs, the additional performance-related component amounted to 189,475 francs.
| Remuneration 2013, CHF | Total | Average |
| Chairman of the Board of Directors | ||
| Fees | 225,000 | |
| Fringe benefits | ||
| Expenses and representation allowances | 22,500 | |
| First-class GA travelcard | 4,500 | |
| Total remuneration | 252,000 | |
| Other members of the Board of Directors (8) | ||
| Fees | 560,000 | 70,000 |
| Fringe benefits | ||
| Expenses and representation allowances | 60,100 | 7,513 |
| Additional fringe benefits | 173,700 | 21,713 |
| Total remuneration | 793,800 | 99,226 |
| Entire Board of Directors (9) | ||
| Fees | 785,000 | |
| Fringe benefits | 260,800 | |
| Total remuneration | 1,045,800 | |
| CEO | ||
| Fixed base salary | 530,000 | |
| Performance-related component (payable in 2014) | 189,475 | |
| Fringe benefits | ||
| Expenses and representation allowances | 30,000 | |
| Additional fringe benefits 1 | 17,257 | |
| Additional payments 2 | 0 | |
| Total remuneration | 766,732 | |
| Other members of Executive Management (7) | ||
| Fixed base salary | 2,500,000 | 357,143 |
| Performance-related component (payable in 2014) | 732,517 | 104,645 |
| Fringe benefits | ||
| Expenses and representation allowances | 126,400 | 18,057 |
| Additional fringe benefits 1 | 136,052 | 19,436 |
| Additional payments 2 | 0 | 0 |
| Total remuneration | 3,494,969 | 499,281 |
| All members of Executive Management (8) | ||
| Fixed base salary and performance-related component | 3,951,992 | |
| Fringe benefits | 309,709 | |
| Total remuneration | 4,261,701 |
1 Other fringe benefits include: first-class GA travelcard, company car, mobile phone and premiums for risk insurance policies.
2 No agreements exist regarding possible severance payments.
The Federal Council determines the level of remuneration for members of the Board of Directors.