Group Executive Board

The Executive Board, appointed by the Board of Directors, consists of the CEO and the heads of the business and group divisions.


The remuneration of the Group Executive Board is designed to attract and retain highly qualified and motivated professionals and executive personnel in the long term, and to provide the latter with an incentive for the sustainable enhancement of corporate value. It is systematic, transparent and long-range. The compensation is paid without the issue of share options.


CHF in thousands Total Group Executive Board 2022 Total Group Executive Board 2021 Thereof Urs Schaeppi 2022 Thereof Urs Schaeppi 2021
Fixed base salary paid in cash 2,878 3,165 368 882
Variable performance-related salary component in cash 1,638 1,916 257 547
Variable earnings-related compensation paid in shares 1 867 853 - 217
Service-related and non-cash benefits 121 118 7 17
Employer contributions to social security 2 480 526 59 146
Pension benefits 666 766 62 149
Total remuneration to members of the Group Executive Board 6,650 7,344 753 1,958
Benefits paid following retirement from the Group Executive Board 3 1,053 1,026 1,053
Total remuneration paid to members of the Group Executive Board, including benefits paid following retirement from the Group Executive Board 7,703 8,370 1,806 1,958

1 The shares are reported at market value and are blocked from sale for three years.
2 Employer contributions to social security (AHV, IV, EO and FAK incl. administrative costs as well as KTG and accident insurance) are included in the total remuneration.
3 Remuneration paid to the members of the Group Executive Board who departed from the Board in the reporting year resp. in 2021 to fulfil contractual obligations during the notice period.


Group Executive Board members Number of shares as at 31.12.2022 Number of shares as at 31.12.2021
Christoph Aeschlimann (CEO) 1 713 422
Urs Schaeppi (CEO) 2 n/a
Eugen Stermetz 3 175 n/a
Klementina Pejic 4 256 n/a
Urs Lehner 1,231 1,019
Dirk Wierzbitzki 1,535 1,323
Total shares of the members of the Board of Directors 3,910 8,209

1 CEO since 1 June 2022.
2 Left the Group Executive Board on 31 May 2022.
3 Was elected to the Group Executive Board on 1 March 2021.
4 Was elected to the Group Executive Board on 1 February 2021.

Management transactions

All transactions in Swisscom registered securities, stock options or other financing instruments based on Swisscom shares or stock options are published by the SIX Swiss Exchange in compliance with the directive concerning the disclosure of management transactions.

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