Beginning June 1 annual salary amounting to 13 million, without the right to variable compensation. It means a monthly salary of 1.08 million.
On top of salary may Wolf a premium of 35 per cent of salary, 4.6 million per year in pension insurance.
“The board has been deleted from the bank’s remuneration policy for all employees to have market but not market remuneration and that reflects the individual’s performance,” writes Chairman Anders Sundstrom in a statement.
In Wolf’s contract included even a parachute produces 75 per cent of salary for twelve months when he resigns. In addition, he is entitled to a severance payment of 75 percent of annual salary, ie 9.75 million crowns.
Would Wolf get sparke n will be no severance pay while reducing the notice period to six months.
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