Gortázar earned 22% more in 2025 as CEO of CaixaBank
Gonzalo Gortázar, CEO of CaixaBank, received a salary of 4.9 million euros in 2025, reflecting a 22% increase from the previous year.
In 2025, Gonzalo Gortázar, the CEO of CaixaBank, received a total remuneration of 4.9 million euros, marking a notable 22% increase from his 4 million euro salary in 2024. This compensation package includes a base salary of 2.1 million euros, supplemented by a short-term bonus of 384,000 euros, a long-term variable bonus of 177,000 euros, and additional earnings amounting to 13,000 euros. Despite the increase in his overall salary, his cash remuneration totalled 2.84 million euros, which represents a slight decrease of 0.7% from the previous year’s 2.86 million euros.
Alongside Gortázar, Tomás Muniesa, who serves as the non-executive chairman of CaixaBank, received 1.6 million euros in his first year in the position. This shift in leadership and the variations in executive compensation highlight the bank's adjustments to its financial rewards amid changing economic conditions and corporate governance practices. The overall increase in Gortázar's salary may also suggest a strategic emphasis on retaining top executive talent within CaixaBank, reflecting broader trends in the banking industry.
The numbers surrounding executive compensation can draw public and regulatory scrutiny, particularly in times when economic recovery is uncertain or when wider societal issues arise regarding income inequality. The disclosure of Gortázar’s pay could reignite discussions about pay equity within the financial sector, especially as stakeholders continue to call for more transparency and accountability regarding executive pay structures. As CaixaBank moves forward, its ability to manage public perception regarding executive pay while maintaining competitiveness in the market will be crucial.