Executive Moves
Raiffeisen Sought Means for Big Payout to Ex-CEO
The Swiss cooperative bank's board reportedly wanted to grant disgraced ex-CEO Pierin Vincenz a huge goodbye payout through opaque means. Pierin Vincenz was to have been awarded 5 million Swiss francs ($5.4 million) upon leaving Raiffeisen in 2015, according to a report in Swiss weekly «Sonntagszeitung» (behind paywall, in German). …
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