By Mauro Orru

Credit Agricole SA said Wednesday that its Chief Executive Philippe Brassac and Deputy Chief Executive Xavier Musca have decided to waive half of their variable remuneration for 2019.

The French bank said Yves Perrier, chief executive at its asset manager Amundi, would also waive half of his variable pay for the same year.

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

(END) Dow Jones Newswires

April 08, 2020 05:55 ET (09:55 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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