User:Berghausener/sandbox/Martin Scholl

Martin Scholl is a Swiss banker. He was the CEO of Switzerland's largest cantonal bank Zurich Cantonal Bank (ZKB) from 2007 to 2021.

Biography
Scholl was born in a middle-class family (his father was an employee of Alusuisse) and has three siblings. He grew up in the Limmat Valley.

Scholl joined Zurich Cantonal Bank (ZKB) in 1977, where he held various apprenticeship and middle-management positions. In 1988-1989, he temporarily worked for Bankverein in New York. Back with ZKB in 1990, he held various management positions, including head of corporate customer business and head of private customer business. He became a member of the executive board in 2002 and chairman of the management board in 2007.

In 2007, Martin Scholl was appointed CEO of Zurich Cantonal Bank, succeeding to Hans Vögeli. Vögeli stepped down when ZKB was exposed for selling options to foreign investors. Scholl was director of the bank's private banking subsidiary before this nomination, and had also been a director of Swisscanto. Scholl led ZKB's Simplex restructuring project to standardize, centralize and automate the bank's process. In 2013, he fired two ZKB employees who had published negative comments on the web about Scholl and his Simplex plan, and was able to identify those two employees by legally spying in the company's computer system. He stepped down as CEO of Zurich Cantonal Bank in August 2022. His base salary around the time of his departure was 2 million francs per year, making him one of the best paid CEOs in banking in Switzerland.

In February 2023, he joined the board of Belvédère Asset Management AG (Fundamenta Group).

Personal life
He is married and a father of two.

In 2014, his salary was worth 1.5 million euros.