News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Credit Suisse CEO's pay falls

Brady Dougan to receive Sfr12.8m for 2010 after Swiss bank's profit fell

Credit Suisse chief executive Brady Dougan's overall pay was down by one-third on the year and he didn't receive a cash bonus in 2010, when the Swiss bank's net profit dropped 24%.

Dougan, CEO of Zurich-based Credit Suisse since 2007, earned Sfr12.8m ($14.1m), down from Sfr19.2m in 2009, when he also received an additional Sfr70m windfall from a 2004 pay plan.

WSJ Logo