Remuneration
Report

5. Board of Director’s (BoD) Remuneration

Only cash benefits were paid to members of the BoD in 2019. No shares, options, loans and credits, additional fees or remuneration of any other kind were disbursed to either members of the BoD, former members of the BoD or persons closely associated with them. There are also no outstanding credits or loans.

2019 BoD Remuneration

		Cash	Social Security Contributions	Total
	BoD	NCC
Claude R. Cornaz, Chairman	315 800	10 000	101 148	426 948
Richard Fritschi, Vice-Chairman	90 000	10 000	7 395	107 395
Sönke Bandixen, Member	65 000	–	4 807	69 807
Pascal Cornaz, Member	65 000	–	4 807	69 807
Rudolf W. Fischer, Member	65 000	15 000	3 978	83 978
Jean-Philippe Rochat, Member	65 000	–	4 807	69 807
Urs Kaufmann, Member	65 000	–	4 807	69 807
Total	730 800	35 000	131 749	897 549

2018 BoD Remuneration

		Cash	Social Security Contributions	Total
	BoD	NCC
Hans R. Rüegg, Chairman *	41 667	–	2 270	43 937
Claude R. Cornaz, Chairman **	232 200	10 000	71 006	313 206
Richard Fritschi, Vice-Chairman	90 000	10 000	7 395	107 395
Sönke Bandixen, Member	65 000	–	4 807	69 807
Pascal Cornaz, Member	65 000	–	4 807	69 807
Rudolf W. Fischer, Member	65 000	15 000	3 978	83 978
Jean-Philippe Rochat, Member	65 000	–	4 807	69 807
Urs Kaufmann, Member	65 000	–	4 807	69 807
Total	688 867	35 000	103 877	827 744

* Hans R. Rüegg, Chairman until 20.04.2018

** Claude R. Cornaz, Chairman since 20.04.2018

Description of the Remuneration Components

Management Board’s Remuneration