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Monday, September 14, 2020 4:11:12 PM
3.2 Compensation Awarded to the Executive Committee in 2019
In 2019 members of the Executive Committee received a total remuneration of CHF 247'637 (previous year CHF 315’834). The decrease in Executive Committee compensation in 2019 is essentially due to the drastic reduction of the Company workforce as a consequence of the resignation of Mr. Gael Hedou and Mr. Michel Dreano from their respective role of CEO and CFO. In September 2019, the Company engaged Mr. Czigler as external CFO under a consultancy agreement.
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