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UBS Raises Ermotti 2013 Pay 21% Before Shareholders’ Say

UBS AG (UBSN) boosted Chief Executive Officer Sergio Ermotti’s compensation by 21 percent to 10.73 million Swiss francs ($12.3 million), the last time the decision will fall exclusively on the bank’s board as Swiss governance rules change. . .

.http://www.bloomberg.com/news/2014-03-14/ubs-raises-ermotti-s-2013-pay-21-after-return-to-profit.html