UBS’s $26 Million Award for Orcel Dwarfs Pay of CEO Ermotti
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UBS AG Chief Executive Officer Sergio Ermotti’s 2012 pay of 8.87 million Swiss francs ($9.3 million) was dwarfed by the 24.9 million francs in cash and stock investment bank head Andrea Orcel got on joining the bank.
Orcel received 6.36 million francs in deferred cash and