UBS Group Management

Management criteria checks 3/4

UBS Group's CEO is Sergio Ermotti, appointed in Apr 2023, has a tenure of 1.67 years. total yearly compensation is $17.12M, comprised of 13% salary and 87% bonuses, including company stock and options. directly owns 0.077% of the company’s shares, worth CHF65.16M. The average tenure of the management team and the board of directors is 4 years and 4.7 years respectively.

Key information

Sergio Ermotti

Chief executive officer

US$17.1m

Total compensation

CEO salary percentage	13.0%
CEO tenure	1.7yrs
CEO ownership	0.08%
Management average tenure	4yrs
Board average tenure	4.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sergio Ermotti's remuneration changed compared to UBS Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$5b
Jun 30 2024	n/a	n/a	US$2b
Mar 31 2024	n/a	n/a	US$29b
Dec 31 2023	US$17m	US$2m	US$28b
Sep 30 2023	n/a	n/a	US$29b
Jun 30 2023	n/a	n/a	US$32b
Mar 31 2023	n/a	n/a	US$7b
Dec 31 2022	n/a	n/a	US$8b
Sep 30 2022	n/a	n/a	US$7b
Jun 30 2022	n/a	n/a	US$8b
Mar 31 2022	n/a	n/a	US$8b
Dec 31 2021	n/a	n/a	US$7b
Sep 30 2021	n/a	n/a	US$8b
Jun 30 2021	n/a	n/a	US$8b
Mar 31 2021	n/a	n/a	US$7b
Dec 31 2020	US$15m	US$3m	US$7b
Sep 30 2020	n/a	n/a	US$6b
Jun 30 2020	n/a	n/a	US$5b
Mar 31 2020	n/a	n/a	US$5b
Dec 31 2019	US$13m	US$3m	US$4b
Sep 30 2019	n/a	n/a	US$4b
Jun 30 2019	n/a	n/a	US$4b
Mar 31 2019	n/a	n/a	US$4b
Dec 31 2018	US$14m	US$3m	US$5b
Sep 30 2018	n/a	n/a	US$2b
Jun 30 2018	n/a	n/a	US$1b
Mar 31 2018	n/a	n/a	US$1b
Dec 31 2017	US$15m	US$3m	US$969m

Compensation vs Market: Sergio's total compensation ($USD17.12M) is above average for companies of similar size in the Swiss market ($USD4.69M).

Compensation vs Earnings: Sergio's compensation has been consistent with company performance over the past year.

CEO

Sergio Ermotti (64 yo)

1.7yrs

Tenure

US$17,115,278

Compensation

Mr. Sergio P. Ermotti serves as President of the Executive Board at UBS AG since April 05, 2023. He serves as Group CEO & President of the Group Executive Board at UBS Group AG since April 05, 2023. He has...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sergio Ermotti	Group CEO & President of the Group Executive Board	1.7yrs	US$17.12m	0.077% CHF 65.2m
Todd Tuckner	CFO & Member of Executive Board	1.6yrs	no data	0.018% CHF 14.9m
Markus Ronner	Group Chief Compliance & Governance Officer and Member of Group Executive Board	6.1yrs	no data	0.020% CHF 17.2m
George Athanasopoulos	Co-President Investment Bank & Member of Executive Board	no data	no data	no data
Sabine Keller-Busse	President of Personal & Corporate Banking and Member of the Group Executive Board	8.9yrs	no data	0.046% CHF 39.0m
Robert Karofsky	President of UBS Americas	6.2yrs	no data	0.049% CHF 41.7m
Michael Dargan	Chief Operations and Technology Officer & Member of the Executive Board	3.6yrs	no data	0.015% CHF 12.4m
Marco Valla	Co-President of the Investment Bank & Member of Executive Board	less than a year	no data	no data
Iqbal Khan	President of UBS Asia-Pacific	5.2yrs	no data	no data
Beatriz Jimenez	Head NonCore&Legacy&Pres EMEA	4yrs	no data	0.015% CHF 12.4m
Stefan Seiler	Head of Group Human Resources & Corporate Services and Member of the Executive Board	6.9yrs	no data	0.0085% CHF 7.2m
Barbara Levi	Group General Counsel & Member of Group Executive Board	3.1yrs	no data	0.017% CHF 14.4m

4.0yrs

Average Tenure

54yo

Average Age

Experienced Management: UBSGE's management team is considered experienced (4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Pauline Tuccella	Investment Advisor & Director	1.3yrs	no data	no data
Julie Richardson	Independent Non-Executive Director	7.6yrs	US$832.26k	0.0049% CHF 4.2m
Kai Yuan Wong	Independent Non-Executive Director	5.6yrs	US$713.37k	0.0036% CHF 3.1m
Mark Hughes	Independent Non-Executive Director	4.7yrs	US$832.26k	0.0021% CHF 1.8m
Thomas Kelleher	Chairman	2.7yrs	US$5.60m	0.014% CHF 12.2m
Zuliu Hu	Independent Non-Executive Director	6.6yrs	US$475.58k	0.0035% CHF 3.0m
Patrick Firmenich	Independent Non-Executive Director	3.7yrs	US$653.92k	0.0017% CHF 1.4m
William Dudley	Independent Non-Executive Director	5.6yrs	US$653.92k	0.0025% CHF 2.1m
Jeremy Anderson	Senior Independent Director	6.6yrs	US$1.01m	0.0044% CHF 3.8m
Nathalie Rachou	Independent Non-Executive Director	4.7yrs	US$713.37k	0.0014% CHF 1.2m
Lukas Gahwiler	Vice Chairman	2.7yrs	US$2.24m	0.011% CHF 9.1m
Claudia Bockstiegel	Independent Non-Executive Director	3.7yrs	US$416.13k	0.00052% CHF 442.5k

4.7yrs

Average Tenure

64yo

Average Age

Experienced Board: UBSGE's board of directors are considered experienced (4.7 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 16:07
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

UBS Group AG is covered by 58 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Dieter Hein	AlphaValue
Reto Amstalden	Baader Helvea Equity Research
Ignacio Mendez Terroso	Banco Santander

UBS Group Management

Management criteria checks 3/4

Key information

Recent management updates

UBS Group AG Appoints Wiwi Gutmannsbauer as Chief Operating Officer for the Firm in the Apac Region

UBS Group AG Appoints Anderson Brito as Head of Global Banking, Brazil

UBS Group AG Appoints Dan Chorney as A Managing Director and Financial Advisor in Manhattan

UBS AG Announces the Promotion Nestor Paz-Galindo as Head for Investment Banking in Europe, the Middle East and Africa

UBS Group AG Announces Management Changes

UBS Private Wealth Management Names Managing Directors in New York City

Recent updates

UBS Group AG Appoints Wiwi Gutmannsbauer as Chief Operating Officer for the Firm in the Apac Region

Six Exchange Group AG reached agreement to acquire Aquis Exchange PLC (AIM:AQX) from group of sellers for £200 million.

Six Exchange Group AG reached agreement to acquire Aquis Exchange PLC (AIM:AQX) from group of sellers for £200 million.

American Express Swiss Holdings GmbH agreed to acquire remaining 50% stake in Swisscard AECS GmbH from UBS AG.

UBS Group AG Appoints Anderson Brito as Head of Global Banking, Brazil

A group of buyers acquired a 2.20% stake in SWS Hemodialysis Care Co., Ltd. (SHSE:688410) from Huagai Xincheng Medical Health Investment Chengdu Partnership (Limited Partnership)

UBS Group AG Appoints Dan Chorney as A Managing Director and Financial Advisor in Manhattan

UBS Group AG to Report Q4, 2024 Results on Feb 04, 2025

BNP Paribas, UBS Reportedly Show Interest in HSBC’s German Wealth Unit

UBS AG Announces the Promotion Nestor Paz-Galindo as Head for Investment Banking in Europe, the Middle East and Africa

UBS Group AG (SWX:UBSG) acquired an additional unknown minority stake in Sibanye Stillwater Limited (JSE:SSW).

CRH plc (NYSE:CRH) completed the acquisition of 57.3% stake in Adbri Limited (ASX:ABC).

UBS Group AG Announces Management Changes

UBS Private Wealth Management Names Managing Directors in New York City

UBS Group AG (SWX:UBSG) announces an Equity Buyback for 346,208,772 shares, representing 10% for $2,000 million.

Ubs Appoints James V. Carideo as Market Director for San Diego

UBS AG Appoints Ben Sung as Debt Capital Market Head

Ubs Group Ag Announces Executive Appointments

UBS Group Announces Executive Changes

UBS Group AG Provides Revenue Guidance for the First Quarter of 2024

UBS AG Appoints Thira Ngoeun as UBS Asset Management's Head of Wholesale Client Coverage in Australia

UBS Group AG Announces Executive Changes, Effective 1 March 2024

UBS AG Announces Board Changes

Citadel Securities Only Bidder for Credit Suisse China

French Supreme Court Refers UBS Group AG Legacy Matter to Appeals Court

UBS Group AG to Report Q3, 2024 Results on Oct 30, 2024

UBS Announces Joining of Patrick K. Mcbrien as Managing Director and Private Wealth Advisor in New York City

UBS Group AG (SWX:UBSG) acquired a 5.07% stake in Sibanye Stillwater Limited (JSE:SSW).

Deutsche Börse AG (XTRA:DB1) completed the acquisition of SimCorp A/S (CPSE:SIM) from BLS Capital Fondsmaeglerselskab A/S, UBS Group AG (SWX : UBSG), Mawer Investment Management Ltd. and others.

UBS Hires Heather Phillips and Ted Hardenbergh as Advisor Team in Manchester, NH

UBS to Absorb Credit Suisse's Domestic Bank

UBS AG Appoints Richard Wilks as Head of ECM APAC Syndicate

Swiss Banks Prevented from Selling Russian Subsidiaries

UBS Group Appoint Executives

UBS Reportedly to sell Credit Suisse Asian lending business

UBS Group AG, Annual General Meeting, Apr 24, 2024

UBS AG Announces Executive Changes

UBS AG Appoints Joe Mernagh as A Director

UBS AG Appoints Mihir Doshi as Head of the Business in India

UBS Group AG (SWX:UBSG) completed the acquisition of Credit Suisse Group AG (SWX : CSGN) from The Saudi National Bank (SASE:1180) and others.

UBS Group AG to Report Q3, 2023 Results on Nov 07, 2023

UBS Group AG to Report Q2, 2023 Results on Aug 31, 2023

UBS Group AG to Report Q1, 2024 Results on May 07, 2024

UBS Group AG to Report Q2, 2023 Results on Aug 31, 2023

UBS AG Announces CFO Changes

Credit Suisse Joins Leadership of UBS Group

UBS Weighs Options for Sale of Credit Suisse's Swiss Unit

UBS Has No Plans to Purchase Credit Suisse

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources