Remuneration 2014
The Federal Council determines the level of remuneration for members of the Board of Directors. In 2014, the nine members of the Board 2 received remuneration (fees and fringe benefits) totalling 986,867 francs. The fringe benefits totalling 219,367 francs are shown in the total remuneration. In 2014, the Chairman of the Board's fee totalled 225,000 francs. The fringe benefits amounted to 27,000 francs.
The paid members of Executive Management 5 and the CEO received remuneration totalling 4,445,716 francs in 2014. The fringe benefits of 326,777 francs are shown in the total remuneration. The performance-related component effectively payable to members of Executive Management in 2015, which is based on attainment of targets in 2013 and 2014, amounts to 1,197,689 francs.
The base salary of the CEO totalled 570,000 francs, the additional performance-related component amounted to 207,328 francs.
| Remunerations 2014, CHF | Total |
| 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) 1 | |
| Fees | 542,500 |
| Fringe benefits | |
| Expenses and representation allowances | 67,000 |
| Additional fringe benefits | 125,367 |
| Total remuneration | 734,867 |
| Entire Board of Directors (9) 2 | |
| Fees | 767,500 |
| Fringe benefits | 219,367 |
| Total remuneration | 986,867 |
| CEO | |
| Fixed base salary | 570,000 |
| Performance-related component (payable 2015) | 207,328 |
| Fringe benefits | |
| Expenses and representation allowances | 30,000 |
| Additional fringe benefits 3 | 17,257 |
| Additional payments 4 | 0 |
| Total remuneration | 824,585 |
| Other members of Executive Management (8) 5 | |
| Fixed base salary | 2,351,250 |
| Performance-related component (payable 2015) | 990,361 |
| Fringe benefits | |
| Expenses and representation allowances | 124,800 |
| Additional fringe benefits 3 | 154,720 |
| Additional payments 4 | 0 |
| Total remuneration | 3,621,131 |
| All members of Executive Management (9) 6 | |
| Fixed base salary and performance-related component | 4,118,939 |
| Fringe benefits | 326,777 |
| Total remuneration | 4,445,716 |
1 Eight active members and one member who stepped down in 2014.
2 Including the one member who stepped down in 2014.
3 Other fringe benefits include: first-class GA travelcard, company car, mobile phone, tablet computer and premiums for risk insurance policies.
4 No agreements exist regarding possible severance payments.
5 Six active members and one member who stepped down in 2013 and in 2014 respectively.
6 Including the members who stepped down in 2013 and 2014.
The Federal Council determines the level of remuneration for members of the Board of Directors.