Salaries of Swiss public sector CEOs continue to rise
Postfinance's CEO was the public sector's top earner.
Keystone/Gaetan Bally
Nine heads of companies and institutions close to the government earned more than half a million francs last year. That is one person more than in the previous year. Postfinance CEO Hansruedi Köng received the most – not including occupational pension contributions.
In his last year as CEO of Postfinance, Köng received around CHF835,000 ($936,000) – around CHF8,000 more than in the previous year. Including employer contributions for social insurance and occupational benefits, his remuneration amounted to just under one million francs. This is according to the Federal Council’s Executive Salary Report 2023, published on Friday.
As in the previous year, Swiss Post CEO Roberto Cirillo was in second place in the salary rankings with a salary of around CHF825,000, followed in third place by Federal Railways CEO Vincent Ducrot with around CHF776,000. Cirillo and Ducrot received a total salary – including employer contributions for social insurance and occupational benefits – of over one million francs.
Adapted from German by DeepL/kc/ac
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
If you want to know more about how we work, have a look here, and if you have feedback on this news story please write to english@swissinfo.ch.
External Content
Your subscription could not be saved. Please try again.
Almost finished… We need to confirm your email address. To complete the subscription process, please click the link in the email we just sent you.
Popular Stories
More
Culture
Wealth is not all: how gentrification in Zurich has led to housing shortage
Swiss invention: 90-year anniversary of first T-bar ski lift
This content was published on
On Monday it will be 90 years since the world’s first T-bar ski lift went into service in Davos. This Swiss invention was an instant success.
Iran summons Swiss ambassador over US and Italy arrests
This content was published on
Iran has summoned the Swiss ambassador, who represents US interests, to protest against the arrest in the US and Italy of two Iranians.
Swisscom receives greenlight for acquisition of Vodafone Italia
This content was published on
The takeover of Vodafone Italia by Swisscom is nearing completion. All relevant authorities have now approved the €8 billion (CHF7.45 billion) deal.
Novo Nordisk stock market plunge drags down Swiss device maker Ypsomed
This content was published on
The Danish pharmaceutical giant, Novo Nordisk, faced setbacks on Friday that weighed on the share price of Swiss injection device manufacturer Ypsomed.
Swiss press react to EU deal with mix of euphoria and scepticism
This content was published on
Swiss media reaction to the agreement between Switzerland and the EU varies widely. Some are celebrating, while others worry about what is to come.
Swiss Solidarity donations to tackle child abuse top CHF4 million
This content was published on
Swiss Solidarity, the humanitarian arm of the Swiss Broadcasting Corporation (SBC), has raised over CHF4 million ($4.3 million) to tackle child abuse.
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.