Landis+Gyr remuneration report shows FY2025 GEM pay rises to CHF 7.78 million
- Landis+Gyr published its Remuneration Report 2025, covering the year ended March 31, 2026, with total Board pay of CHF 1.65 million.
- Total pay for Group Executive Management was CHF 7.78 million; CEO Peter Mainz received CHF 2.52 million, excluding a replacement award.
- Short-term incentive performance drove a 148.2% payout for the CEO, reflecting above-target sales, adjusted EBITDA, cash flow, ESG metrics.
- Long-term incentives use performance stock units tied 50/50 to relative TSR, EPS; FY 2023 grant vesting multiple was 0.18.
- New CFO Davinder Athwal received a one-time replacement award of CHF 1.42 million; his total pay including it was CHF 3.51 million.
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