Compensation Committee

The function of the Compensation Committee is to support the Board in its duties to set guidelines on compensation and benefits, to approve certain compensation and to scrutinize executive performance.

The shareholders elect each member of the Compensation Committee on an annual basis at the Annual General Meeting. It is comprised of following members of the Board:

Board of Directors - Portrait Ann F. Godbehere

Ann F. Godbehere

Chairperson of the Compensation Committee / member of the Audit Committee

Year of initial election to UBS: 2009

Board of Directors - Portrait Michel Demaré

Michel Demaré

Independent Vice Chairman / member of the Audit Committee  / member of the Compensation Committee / member of the Governance and Nominating Committee 

Year of initial election to UBS: 2009

Board of Directors - Portrait Julie G. Richardson

Julie G. Richardson

Member of the Compensation Committee / member of the Risk Committee

Year of initial election to UBS: 2017

Board of Directors - Portrait Dieter Wemmer

Dieter Wemmer

Member of the Compensation Committee / member of the Risk Committee

Year of initial election to UBS: 2016

The Committee operates under the Compensation Committee Charter as described in the Organization Regulations.