The Millionaire Central Banker: Following the takeover of Credit Suisse by UBS with the help of the Swiss National Bank, its governing board is in the spotlight. Nearly all members earned more despite the central bank's record loss. SNB salaries
The members of the Governing Board of the Swiss National Bank earned significantly more last year, according to the annual report of the central bank released Tuesday.
If the social contributions are included, the compensation of the SNB's Executive Board increased by more than 600,000 francs.President Thomas Jordan was given a raise of nearly 100,000 francs, increasing his gross salary to 928,400 Swiss francs. Including social contributions, his total remuneration topped the one million-francs mark with 1.036 million, according to the report.
Since Maechler has resigned, her salary continuation after the end of her term of office will presumably not apply. SNB directors are otherwise entitled to this for six months.
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