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The Swiss Minder Initiative to restrict excessive executive pay and bonus
02/04/2009
The Minder Initiative to restrict excessive executive pay and bonuses gets the support of a large majority of Swiss voters in Feb. 2013. 68% of Swiss voters supported the 24 item Minder Initiative. Swiss voters were influenced by the 72 million franc exit package for Daniel Vassela which was cancelled after popular uproar, the signing package for Axel Weber, new chief at UBS bank, and the clear policy to restrict executive bonus and pay announced by the EU in Feb 2013. The austerity measures after banking crises in Spain, UK, Italy, and other European countries are also influencing public opinion.
Grouped Articles
SEC Wants Boss-Employee Pay Gap on Display
Wall Street Journal 09.19.2013
S.E.C. Proposes Greater Disclosure on Pay for CEO's
New York Times 09.18.2013
Wall Street Journal 10.31.2013
Swiss Politicians Push for Stricter Bank Capital Rules
Wall Street Journal 11.04.2013
Swiss Voters Reject High-Pay Initiative
Wall Street Journal 11.24.2013
Wall Street Bonuses Are an Outrage
Wall Street Journal 02.04.2009
U.K. Bankers to Wait Seven Years for Bonuses
Wall Street Journal 06.24.2015
British Regulators Extend Clawback Rules for Bankers’ Pay
New York Times 06.23.2015
Swiss Back Plan to Curb Excessive Executive Pay
Wall Street Journal 03.03.2013
Voters Tighten Limits on Executive Pay in Switzerland
New York Times 03.03.2013
Wall Street Journal 03.12.2013
Swiss to Vote on Executive Pay
Wall Street Journal 03.20.2013
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