07-03-2016 21:53 via insuranceinsider.com

Senn's 2015 pay slashed by SwF2.4mn

Former Zurich CEO Martin Senn had his pay slashed by SwF2.4mn
($2.39mn) in 2015 after the firm missed key performance targets.
In total the executive received SwF6.1mn, a 28 percent drop from
his 2014 salary.
Senn also received a target performance share allocation from
transition arrangements with a value of SwF1.2mn, according to the
company's annual report, published last week (4 March).
Zurich emphasised that while Senn would receive contractually
agreed remuneration in 2016, he would not re
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