Plus   Neg

Julius Baer CEO Philipp Rickenbacher Gets CHF 4.41 Mln As FY19 Compensation

Julius Baer Group (JBARF.PK,JBAXY.PK) announced that its Chief Executive Officer Philipp Rickenbacher's compensation for fiscal 2019 was 4.41 million Swiss francs.

Rickenbacher, who took charge on September 1, 2019, succeeding Bernhard Hodler, received base salary of 967 thousand francs, while his performance units were 1.80 million francs.

Hodler, who continued in an advisory capacity at Group level, received 3.65 million francs, down from last year's 6.16 million francs.

Total compensation in aggregate to the members of the Executive Board was 19.78 million francs, down from prior year's 20.60 million francs.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. Food and Drug Administration granted emergency use authorization (EUA) for the first and only clinical T cell-based test for patients to detect the unique T-cell signature specific to SARS-CoV-2, the virus that causes COVID-19. The test confirms recent or prior COVID-19 infection. Developed by Adaptive Biotechnologies, T-Detect COVID Test is a next generation sequencing based (NGS) test. AstraZeneca's one batch of Covid vaccine has been suspended by Austrian health authorities following reports of a death and an illness after receiving vaccination, reports said. The issues were reported in the district clinic of Zwettl in Lower Austria province. The Federal Office for Safety in Health Care in the country said the remaining stocks of the affected AstraZeneca/Oxford Covid-19 vaccine DuPont (DD) announced Monday that it has agreed to acquire Laird Performance Materials from with private equity firm Advent International for $2.3 billion. The company will use existing cash balances for the acquisition. The transaction is expected to close in the third quarter of 2021, subject to regulatory...
Follow RTT