CEO Ulrich Körner, who was promoted from his previous role as head of asset management in August, took home CHF2.5 million in 2022.
His predecessor, Thomas Gottstein, had been awarded CHF3.8 million in 2021.
Chair Axel Lehmann was the highest paid board member, receiving CHF3.2 million out of CHF10.4 million awarded to the entire board.
Shareholders at next month’s annual general meeting will be asked to vote through a maximum compensation package of CHF13 million for the board for the coming year.
Top executives would receive a maximum CHF34 million, if approved, plus a CHF30 million ‘Transformation Award’ if the bank reaches strategic turnaround targets.
Last October, the bank announced plans to slash thousands of jobs and sell off parts of its investment banking business.
Shareholders will not be asked to discharge the board and managers of their responsibilities relating to the bank’s disastrous business links to Greensill Capital.
This is due to ongoing legal issues surrounding the collapsed supply chain financing firm.
As a result of the delay, Credit Suisse admitted that its “internal control over financial reporting was not effective” at spotting errors in its financial statements.
Popular Stories
More
Culture
Documentary portrays Swiss teenagers forced to return to parents’ homeland
French cross-border workers in Switzerland fear ‘discriminatory’ unemployment reform
This content was published on
In the French region around Geneva, cross-border workers are protesting proposals to cut unemployment benefits for those working in Switzerland.
Swan infected with bird flu in central Switzerland
This content was published on
Switzerland has reported its first bird flu case of the season. A swan found dead in central Switzerland tested positive for the H5N1 virus.
Swiss researchers identify gene variants linked to cancer progression
This content was published on
ETH Zurich researchers explored genetic mutations’ effects on cell function and their role in cancer development and treatment using CRISPR/Cas techniques.
Explosion at Swiss company Givaudan’s US plant leaves two dead
This content was published on
Swiss flavour and fragrance maker Givaudan reported that an explosion at its Kentucky plant resulted in two deaths and several injuries.
Swisscom’s Vodafone Italia takeover cleared by Italian telecoms authority
This content was published on
Swisscom is one step closer to its planned acquisition of Vodafone Italia, as the Italian communications regulator has approved the €8 billion deal.
Swiss parliamentary committee proposes foreign aid cuts and military funding boost
This content was published on
A committee of the Swiss House of Representatives has proposed increasing funds for the military and agriculture while reducing foreign aid and asylum.
Swiss Rolex Submariner watches reach nearly $50 billion in total market value
This content was published on
The total market value of all Rolex Submariner watches ever made is nearly $50 billion, based on newly released production data.
Swiss Jew wrongfully detained due to prosecutor’s ‘bias’
This content was published on
A Jewish Swiss man was detained after the prosecutor argued he might flee to Israel. The Federal Court said this implies bias due to his Jewish faith.
US reportedly scrutinises Russian accounts UBS took over from Credit Suisse
This content was published on
The US is investigating Russian clients acquired by UBS during its takeover of Credit Suisse, according to three sources familiar with the matter.
WTO plans to reappoint Okonjo-Iweala before Trump swears in
This content was published on
Some member states of the World Trade Organization may seek to reappoint Director-General Ngozi Okonjo-Iweala, according to a document released on Tuesday.
Credit Suisse slammed for ‘serious breaches’ in Greensill debacle
This content was published on
Swiss financial regulator finds Credit Suisse “seriously breached its supervisory obligations” in its dealings with the collapsed Greensill Capital.
Watchdog calls off investigation into Credit Suisse chairman
This content was published on
FINMA sees no sufficient grounds to pursue proceedings against the Credit Suisse bank over statements about outflows of client money.
Credit Suisse turns to petrodollars to fund turnaround
This content was published on
Credit Suisse has returned to the Middle East to shore up its finances amid mounting losses and a deteriorating balance sheet.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.