HCM & HRIS

Remuneration of BBVAs chairman and its CEO falls 3% in 2025

February 14, 2026
www.ETHRWorld.com
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  • Published On Feb 14, 2026 at 01:00 PM IST

< />MADRID, – The total remuneration package of BBVA’s executive chairman Carlos Torres and chief executive officer Onur Genc fell around 3% in 2025 from 2024, according to the bank’s annual remuneration report published on Friday.<br /><br /><!– PROMOSLOT_M –> The lower remuneration comes after ‌BBVA ⁠failed in ⁠its over 16 billion euro ($19 billion) hostile takeover bid for Sabadell .<br /><br /> A spokesperson for the lender said that the executives’ salary package was not linked to the outcome of the bid, but due to some short-term incentives not being met.<br /><br /><div class=” article-detail-ad-slot=”” captionrendered=”1″ data-src=”https://etimg.etb2bimg.com/photo/128338773.cms” height=”442″ loading=”eager” src=”https://hr.economictimes.indiatimes.com/images/default.jpg” width=”590″></img></p> </div> <p> Torres’ total remuneration, ⁠including fixed ‌and a variable package, fell 3% in 2025 to 8.108 million euros, while in ⁠the case of Genc, it fell 2.5% to 6.97 million euros.</p> <p> In October, Torres said he would not resign after the collapse of the Spanish bank’s 18-month campaign to take over its smaller rival, adding that he and Genc had the support of the entire BBVA board.</p> <p> Since ‌the bid’s failure, shares in BBVA have risen 22%, while Sabadell’s have fallen over 2%.</p> <p> As part of its ⁠strategic plan announced last July, BBVA aims to earn accumulated net attributable profit of about 48 billion euros in the 2025-2028 period while also envisaging shareholder distributions of 36 billion euros in four years.</p> <p> Earlier this month, BBVA posted a record 10.51 billion euros net profit for 2025.</p> <p> ($1 = 0.8425 euros) (Reporting by Jesus Aguado; Editing by Nia Williams)</p> <div> <div> <ul> <li><a href=Reuters

  • Published On Feb 14, 2026 at 01:00 PM IST

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