UBS Group Management

Management criteria checks 3/4

UBS Group's CEO is Sergio Ermotti, appointed in Apr 2023, has a tenure of 2.25 years. total yearly compensation is $16.45M, comprised of 16.7% salary and 83.3% bonuses, including company stock and options. directly owns 0.09% of the company’s shares, worth CHF84.13M. The average tenure of the management team and the board of directors is 4.4 years and 4.8 years respectively.

Key information

Sergio Ermotti

Chief executive officer

US$16.5m

Total compensation

CEO salary percentage	16.75%
CEO tenure	2.3yrs
CEO ownership	0.09%
Management average tenure	4.4yrs
Board average tenure	4.8yrs

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
Mar 31 2025	n/a	n/a	US$5b
Dec 31 2024	US$16m	US$3m	US$5b
Sep 30 2024	n/a	n/a	US$4b
Jun 30 2024	n/a	n/a	US$2b
Mar 31 2024	n/a	n/a	US$28b
Dec 31 2023	US$17m	US$2m	US$27b
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

Compensation vs Market: Sergio's total compensation ($USD16.45M) is above average for companies of similar size in the UK market ($USD6.72M).

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

CEO

Sergio Ermotti (65 yo)

2.3yrs

Tenure

US$16,450,509

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	2.3yrs	US$16.45m	0.090% CHF 84.1m
Todd Tuckner	Group CFO & Member of Executive Board	2.2yrs	no data	0.018% CHF 17.1m
Markus Ronner	Group Chief Compliance & Governance Officer and Member of Group Executive Board	6.7yrs	no data	0.020% CHF 18.9m
George Athanasopoulos	Co-President Investment Bank & Member of Executive Board	1yr	no data	0.022% CHF 20.5m
Sabine Keller-Busse	President UBS Switzerland	9.5yrs	no data	0.046% CHF 43.0m
Robert Karofsky	President of UBS Americas	6.8yrs	no data	0.051% CHF 47.7m
Michael Dargan	Group Chief Operations & Technology Officer and Member of the Executive Board	4.2yrs	no data	0.016% CHF 15.0m
Marco Illy	Co-President of the Investment Bank & Member of Executive Board	1yr	no data	0.0084% CHF 7.9m
Iqbal Khan	President of UBS Asia-Pacific	5.8yrs	no data	no data
Beatriz Jimenez	Head NonCore&Legacy&Pres EMEA	4.6yrs	no data	0.020% CHF 18.5m
Stefan Seiler	Head of Group Human Resources & Corporate Services and Member of the Executive Board	7.5yrs	no data	0.013% CHF 11.9m
Barbara Levi	Group General Counsel & Member of Group Executive Board	3.7yrs	no data	0.021% CHF 19.5m

4.4yrs

Average Tenure

55yo

Average Age

Experienced Management: 0R3T's management team is considered experienced (4.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Julie Richardson	Independent Non-Executive Director	8.2yrs	US$771.44k	0.0052% CHF 4.8m
Gail Kelly	Non-Independent & Non-Executive Director	1.5yrs	US$440.82k	no data
Kai Yuan Wong	Independent Non-Executive Director	6.2yrs	US$661.24k	0.0044% CHF 4.1m
Mark Hughes	Independent Non-Executive Director	5.3yrs	US$771.44k	0.0026% CHF 2.5m
Thomas Kelleher	Chairman	3.3yrs	US$6.08m	0.018% CHF 16.9m
Zuliu Hu	Independent Non-Executive Director	7.2yrs	US$551.03k	0.0040% CHF 3.8m
Patrick Firmenich	Independent Non-Executive Director	4.3yrs	US$606.13k	0.0023% CHF 2.2m
William Dudley	Independent Non-Executive Director	6.2yrs	US$606.13k	0.0024% CHF 2.3m
Jeremy Anderson	Senior Independent Director	7.2yrs	US$936.75k	0.0055% CHF 5.1m
Lila Tretikov	Independent & Non-Executive Director	less than a year	no data	no data
Lukas Gahwiler	Vice Chairman	3.3yrs	US$2.06m	0.013% CHF 11.8m
Renata Brungger	Independent & Non-Executive Director	less than a year	no data	no data

4.8yrs

Average Tenure

64.5yo

Average Age

Experienced Board: 0R3T's board of directors are considered experienced (4.8 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/07/25 20:11
End of Day Share Price	2025/07/25 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

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.

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 Github.

Analyst Sources

UBS Group AG is covered by 49 analysts. 13 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
Reto Amstalden	Baader Helvea Equity Research
Ignacio Mendez Terroso	Banco Santander
Neil Smith	Bankhaus Lampe KG

UBS Group Management

Management criteria checks 3/4

Key information

Recent management updates

UBS AG Announces Senior Changes in North Asia

UBS AG Appoints Michel Frey as Head of UK High Net Worth Business

UBS Group AG Announces Rejoining of Carmine Visconti as Head of TMT for Europe, the Middle East and Africa

UBS Group AG, Annual General Meeting, Apr 10, 2025

Claudia Böckstiegel and Nathalie Rachou Does Not Stand for Re-Election UBS Group Ag as Board Member

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

Recent updates

Group of buyers agreed to acquire 3% stake in Guangdong Fuxin Technology Co., Ltd. (SHSE:688662) from Richly World Investment Limited for CNY 80.8 million.

UBS AG Announces Senior Changes in North Asia

Six Exchange Group AG completed the acquisition of Aquis Exchange PLC (AIM:AQX) from group of sellers.

Now 22% overvalued

UBS AG Appoints Michel Frey as Head of UK High Net Worth Business

Now 23% overvalued

Cantor Fitzgerald, L.P. entered into a definitive agreement to acquire UBS O'Connor LLC from UBS Group AG (SWX:UBSG).

A group of shareholders completed the acquisition of 2.97% stake in Beijing Huafeng Test & Control Technology Co.,Ltd. (SHSE:688200) from China Times Prospect Science & Technology Co., Ltd. for approximately CNY 480 million.

UBS Reportedly in Talks to Sell Its Hedge Fund Unit O’Connor to Cantor

A group of buyers completed the acquisition of 2.50% stake in Yunnan Botanee Bio-Technology Group Co.LTD (SZSE:300957) from Tianjin Sequoia Juye Equity Investment Partnership Enterprise (Limited Partnership), Kunming Zhenli Consulting Co., Ltd. and HongShan for CNY 350 million.

First quarter 2025 earnings released: EPS: US$0.53 (vs US$0.55 in 1Q 2024)

UBS Unveils New Workplace Wealth Solutions Technology for Global Stock Plan Issuers

New minor risk - Share price stability

360 One to Acquire UBS’s India Wealth Business in INR 3,070 million Deal

UBS Group AG acquired an unknown minority stake in Huge Group Limited (JSE:HUG).

Upcoming dividend of US$0.90 per share

Investor sentiment deteriorates as stock falls 18%

UBS Group AG Announces Rejoining of Carmine Visconti as Head of TMT for Europe, the Middle East and Africa

UBS Group AG, Annual General Meeting, Apr 10, 2025

Full year 2024 earnings released: EPS: US$1.59 (vs US$8.68 in FY 2023)

Claudia Böckstiegel and Nathalie Rachou Does Not Stand for Re-Election UBS Group Ag as Board Member

Now 20% overvalued after recent price rise

New minor risk - Earnings quality

Full year 2024 earnings released: EPS: US$1.59 (vs US$8.83 in FY 2023)

UBS Group AG Proposes Dividend for the Year 2024, Payable on 17 April 2025

UBS Group AG to Report Q3, 2025 Results on Nov 04, 2025

Now 20% overvalued after recent price rise

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.

Third quarter 2024 earnings released: EPS: US$0.43 (vs US$0.24 loss in 3Q 2023)

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

Investor sentiment improves as stock rises 38%

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)

Now 41% overvalued

New minor risk - Share price stability

Second quarter 2024 earnings released: EPS: US$0.35 (vs US$8.87 in 2Q 2023)

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

First quarter 2024 earnings released: EPS: US$0.52 (vs US$0.34 in 1Q 2023)

Upcoming dividend of US$0.70 per share

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.

Full year 2023 earnings released: EPS: US$8.83 (vs US$2.34 in FY 2022)

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

Novartis data42 AG entered into an agreement to make a voluntary public takeover offer to acquire MorphoSys AG (XTRA:MOR) for €2.3 billion.

Full year 2023 earnings released: EPS: US$8.98 (vs US$2.34 in FY 2022)

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

New minor risk - Shareholder dilution

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

CRH plc (NYSE:CRH) agreed to acquire 57% stake in Adbri Limited (ASX:ABC) for AUD1.1 billion.

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

Third quarter 2023 earnings released: US$0.24 loss per share (vs US$0.54 profit in 3Q 2022)

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