# UBS's board is increasingly open to having an external successor take on Ermotti's mantle.

*business · news · 2026-04-14 · Reuters*

## Key points

- Sergio Ermotti may remain UBS CEO into late 2027 due to lack of internal successors.
- UBS's board is now open to appointing an external candidate as the next CEO.
- UBS could face up to $22 billion in extra capital requirements under proposed Swiss regulations.
- UBS is considering moving its headquarters abroad if Swiss regulatory measures are too strict.
- The choice of next CEO may depend on whether UBS remains headquartered in Switzerland or relocates.

**Companies:** UBS
**Countries:** Switzerland, United States

[Read the full story on Reuters](https://www.reuters.com/business/finance/ubs-ceo-ermotti-may-stay-late-into-2027-due-new-rules-succession-gap-sources-say-2026-04-14/)

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