UBS’s Weber on Orcel's Deferred Pay: `It’s Leave, Lose'

The transcript discusses a company's clear and consistent policy on deferred compensation, emphasizing that it is a 'leave lose' policy. The policy is applied uniformly, and the company does not engage in discussions about individual contracts. Executives' career decisions do not impact the company, and the policy has been consistently communicated over the years. The speaker concludes by wishing Andre, a great executive, good luck in his future endeavors.

What is the speaker's stance on discussing individual contracts?

What has been communicated consistently over the years according to the speaker?