Credit Suisse CEO's Pay Falls By A Third

ZURICH—Credit Suisse Group Chief Executive Brady Dougan's overall pay fell by a third in 2010 and he didn't receive a cash bonus, after the bank's net profit dropped 24%.

Mr. Dougan earned 12.8 million Swiss francs ($14.1 million), down from 19.2 million francs in 2009, when he also received an additional 70 million francs from a 2004 pay plan. The bank previously net profit for 2010 as 5.1 billion francs, down from 6.72 billion francs one year ago.

The head of Credit Suisse's U.S. operations, Antonio Quintella, was the bank's highest earner ...

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