As part of the general assembly analyses for Swiss companies, Ethos analyses in detail the different board propositions and establishes voting recommendations. In particular since the introduction of the Minder initiative, shareholders of Swiss companies are required to approve remunerations for board members and executive management. Ethos publishes below the latest remunerations of chairmen and CEO of the SMI listed companies. This information will be constantly updated throughout the year as companies communicate their remuneration.

See also: Dates of general meetings & voting positions

2021 remuneration of the chairmen and CEO of the SMI listed companies

Company nameChairmanCEO
NameRemuneration [CHF]NameRemuneration [CHF]
Average2'070'5147'573'959
ABBPeter Voser1'200'000Björn Rosengren8'247'610
AlconMichael Ball950'001David Endicott9'974'667
Credit Suisse GroupDr. oec. Axel Lehmann *1'580'781Thomas Gottstein3'760'000
GeberitAlbert Baehny943'024Christian Buhl3'174'735
GivaudanCalvin Grieder1'055'566Gilles Andrier6'304'699
HolcimDr. iur. Beat Hess1'720'000Jan Jenisch9'044'144
LogitechWendy Becker460'067Bracken Darrell10'497'190
LonzaAlbert BaehnyN/APierre-Alain RuffieuxN/A
NestléPaul BulckeN/ADr. oec. Ulf SchneiderN/A
NovartisDr. Jörg Reinhardt3'804'560Dr. Vasant Narasimhan10'626'022
Partners GroupSteffen Meister2'333'000David Layton7'868'000
RichemontDr. Johann Rupert2'700'000Jérôme Lambert7'430'648
RocheDr. rer. pol. Christoph Franz5'948'509Dr. iur. Severin Schwan15'061'111
SikaDr. sc. techn. Paul Hälg942'099Thomas Hasler2'713'000
SonovaRobert SpoerryN/AArnd KaldowskiN/A
Swiss LifeDr. iur. Rolf Dörig1'200'522Dr. rer. pol. Patrick Frost4'276'208
Swiss ReSergio Ermotti2'618'000Christian Mumenthaler7'123'000
SwisscomMichael Rechsteiner518'000Urs Schaeppi1'958'000
UBSDr. oec. Axel Weber5'224'913Ralph A.J.G. Hamers11'498'271
Zurich Insurance GroupMichel Liès1'999'702Mario Greco9'200'000

* In activity for less than one year