Mercedes CEO almost doubled 2023 remuneration with big bonus boost

By Thomson Reuters Mar 15, 2024 | 9:29 AM

(Reuters) – Mercedes-Benz CEO Ola Kallenius almost doubled his remuneration last year thanks to high bonus payouts, a company report published on Friday showed.

Including pension costs, the CEO took home 12.7 million euros ($13.9 million) last year, an 80% increase from the previous year, according to the report.

($1 = 0.9142 euros)

(Reporting by Ilona Wissenbach; Writing by Bartosz Dabrowski; Editing by Jan Harvey)