UBS AG CEO Sergio Ermotti

UBS AG CEO Sergio Ermotti

Gianluca Colla/Bloomberg

UBS AG Chief Executive Officer Sergio Ermotti’s pay, which includes a base salary of 2.5 million francs, compares with 6.35 million francs the previous year, when he joined the executive board in April and took over as CEO after Oswald Gruebel resigned in September, UBS said.