Swiss Companies Seek `Blank Checks' for Bonuses, Ethos Says

Updated on
  • Firms are circumventing spirit of fat-cat initiative
  • Richemont CEO best-paid in SMI, ahead of Transocean, Novartis

Swiss companies are circumventing the spirit of fat-cat rules by getting shareholder approval for executives’ bonuses before annual results are known, according to a study by corporate governance group Ethos.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.