Money
Briefing: UniCredit’s Orcel draws level with UBS chief Ermotti after record pay deal
Strategic angle: Italian executive received €16.4mn pay package last year, a 24% rise from 2024
editorial-staff
1 min read
Updated 27 days ago
Andrea Orcel, the CEO of UniCredit, has been awarded a pay package of €16.4 million for the year 2025, marking a substantial 24% increase from 2024.
This increase positions Orcel's compensation on par with that of UBS CEO Sergio Ermotti, indicating a competitive landscape in executive remuneration within the banking sector.
The implications of such pay structures may influence talent retention and recruitment strategies across financial institutions, as firms navigate the complexities of market demands and operational costs.