Julius Baer CEO tops highest pay at UBS

Compensation Overview - Julius Baer CEO Stefan Bollinger received a total compensation of 23.96 million Swiss francs ($30.31 million) for 2025, which includes replacement awards for forfeited variable pay from a previous employer [1] - Bollinger's salary at Julius Baer, excluding replacement awards, was 8.27 million Swiss francs for the previous year [2] - UBS CEO Sergio Ermotti's total compensation remained steady at 14.9 million Swiss francs amid ongoing banking reforms and criticism regarding high executive bonuses [2] Industry Context - Novartis CEO Vasant Narasimhan received a compensation package of 24.9 million Swiss francs for 2025, which has been labeled as "particularly excessive" by proxy advisory firm Ethos [3]