UBS Group Management

Management criteria checks 3/4

UBS Group's CEO is Sergio Ermotti, appointed in Apr 2023, has a tenure of 1.58 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 $77.09M. The average tenure of the management team and the board of directors is 3.9 years and 4.6 years respectively.

Key information

Sergio Ermotti

Chief executive officer

US$17.1m

Total compensation

CEO salary percentage	13.0%
CEO tenure	1.6yrs
CEO ownership	0.08%
Management average tenure	3.9yrs
Board average tenure	4.6yrs

Recent management updates

Recent updates

UBS: Post-Merger With Credit Suisse Smoothe As Swiss Chocolate, As Share Price Climbs

Oct 25

Momentum Has Shown That Despite The Risks, UBS Is A Worthy Investment (Rating Upgrade)

Jan 25

UBS: Mixed Q3 Earnings, Hold

Nov 10

UBS Q2 Earnings: Lot More To Do

Aug 31

UBS: The Thrill Of Risk And Potential Reward, But Wait For Earnings

Jul 17

UBS Group: Resume With An Equal-Weight Valuation

Jul 06

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 ($USD17.12M) is above average for companies of similar size in the US market ($USD12.74M).

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

CEO

Sergio Ermotti (64 yo)

1.6yrs

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	1.6yrs	US$17.12m	0.077% $ 77.1m
Todd Tuckner	CFO & Member of Executive Board	1.5yrs	no data	0.018% $ 17.6m
Markus Ronner	Group Chief Compliance & Governance Officer and Member of Group Executive Board	6yrs	no data	0.020% $ 20.4m
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	8.8yrs	no data	0.046% $ 46.1m
Robert Karofsky	President of UBS Americas	6.1yrs	no data	0.049% $ 49.4m
Michael Dargan	Chief Operations and Technology Officer & Member of the Executive Board	3.5yrs	no data	0.015% $ 14.7m
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	5.1yrs	no data	no data
Beatriz Jimenez	Head NonCore&Legacy&Pres EMEA	3.9yrs	no data	0.015% $ 14.6m
Stefan Seiler	Head of Group Human Resources & Corporate Services and Member of the Executive Board	6.8yrs	no data	0.0085% $ 8.5m
Barbara Levi	Group General Counsel & Member of Group Executive Board	3yrs	no data	0.017% $ 17.0m

3.9yrs

Average Tenure

54yo

Average Age

Experienced Management: UBS's management team is considered experienced (3.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Pauline Tuccella	Investment Advisor & Director	1.2yrs	no data	no data
Julie Richardson	Independent Non-Executive Director	7.5yrs	US$832.26k	0.0049% $ 4.9m
Kai Yuan Wong	Independent Non-Executive Director	5.5yrs	US$713.37k	0.0036% $ 3.7m
Mark Hughes	Independent Non-Executive Director	4.6yrs	US$832.26k	0.0021% $ 2.1m
Thomas Kelleher	Chairman	2.6yrs	US$5.60m	0.014% $ 14.4m
Zuliu Hu	Independent Non-Executive Director	6.5yrs	US$475.58k	0.0035% $ 3.5m
Patrick Firmenich	Independent Non-Executive Director	3.6yrs	US$653.92k	0.0017% $ 1.7m
William Dudley	Independent Non-Executive Director	5.5yrs	US$653.92k	0.0025% $ 2.5m
Jeremy Anderson	Senior Independent Director	6.5yrs	US$1.01m	0.0044% $ 4.4m
Nathalie Rachou	Independent Non-Executive Director	4.6yrs	US$713.37k	0.0014% $ 1.5m
Lukas Gahwiler	Vice Chairman	2.6yrs	US$2.24m	0.011% $ 10.8m
Claudia Bockstiegel	Independent Non-Executive Director	3.6yrs	US$416.13k	0.00052% $ 523.5k

4.6yrs

Average Tenure

64yo

Average Age

Experienced Board: UBS's board of directors are considered experienced (4.6 years average tenure).

UBS Group Management

Management criteria checks 3/4

Key information

Recent management updates

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

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

Recent updates

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.

Third quarter 2024 earnings released: EPS: US$0.45 (vs US$0.22 loss in 3Q 2023)

UBS: Post-Merger With Credit Suisse Smoothe As Swiss Chocolate, As Share Price Climbs

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)

New minor risk - Profit margin trend

UBS: Happy I Went Long, But Time To Downgrade

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: Why I Won't Buy This Rally

UBS Group AG Announces Management Changes

UBS: Benefits Of Credit Suisse Deal Starting To Show

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

Upcoming dividend of US$0.35 per share

UBS: To Play It Safe

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: EPS exceeds analyst expectations

Now 21% overvalued after recent price rise

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

New major risk - Revenue and earnings growth

Full year 2023 earnings: EPS exceeds analyst expectations

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

Momentum Has Shown That Despite The Risks, UBS Is A Worthy Investment (Rating Upgrade)

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: Mixed Q3 Earnings, Hold

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

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

Second quarter 2023 earnings released: EPS: US$9.46 (vs US$0.64 in 2Q 2022)

UBS Q2 Earnings: Lot More To Do

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: The Thrill Of Risk And Potential Reward, But Wait For Earnings

UBS AG Announces Executive Changes

UBS Group: Resume With An Equal-Weight Valuation

UBS AG Appoints Joe Mernagh as A Director

Now 20% undervalued

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.

New major risk - Revenue and earnings growth

Price target increased by 25% to US$29.68

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

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team