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.
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