LANXESS Aktiengesellschaft (0H7I.IL)

26.23 +0.03 (+0.11%) At close: 05:13PM BST

LANXESS Aktiengesellschaft

Kennedyplatz 1
Cologne 50569
Germany
49 221 8885 0
https://lanxess.com

Sector(s): Basic Materials
Industry: Specialty Chemicals
Full-time employees: 13,136

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Matthias Zachert	CEO & Chairman of Management	4.02M	N/A	1967
Dr. Hubert Fink	Member of the Board of Management	1.68M	N/A	1962
Dr. Anno Borkowsky	Member of the Board of Management	1.39M	N/A	1959
Ms. Frederique van Baarle	Head of the High Performance Materials Bus. Unit & Member of Board of Management	N/A	N/A	1971
Mr. Oliver Stratmann	Head of Treasury and Investor Relations	N/A	N/A	N/A
Ms. Katja Borghaus	Head of HR	N/A	N/A	1970
Mr. Marcel Beermann	Head of Procurement & Logistics Group Function	N/A	N/A	1973
Mr. Jorge Alberto Nogueira	Head of Tire & Speciality Rubbers Bus. Unit	N/A	N/A	1951
Michael Zobel	Head of High Performance Materials Bus. Unit	N/A	N/A	N/A
Mr. Wolfgang Schmitz	Managing Director of Saltigo Gmbh	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

LANXESS Aktiengesellschaft, together with its subsidiaries, operates as a specialty chemicals company that engages in the development, manufacture, and marketing of chemical intermediates, additives, specialty chemicals, and plastics worldwide. It operates through three segments: Consumer Protection, Specialty Additives, and Advanced Intermediates. The Consumer Protection segment provides material protection products, including antimicrobial active ingredients and formulations; disinfectant, hygiene, and preservative solutions; flavors and fragrances; and precursors and intermediates for the agrochemicals, pharmaceuticals, and specialty chemicals industries, as well as technologies for the treatment of water and other liquids. The Specialty Additives segment offers lubricants, polymer and lubricant additives, colorants, phosphorous-based or brominated flame retardants, plasticizers, and bromine derivatives for various applications of rubber, plastic, paint, construction, and electrical industries. The Advanced Intermediates segment provides basic and fine chemicals, organometallics, and inorganic pigments for the coloring of construction materials as well as paints and coatings. The segment serves agrochemical, automotive, construction, aromas and flavors, semiconductors and photovoltaic, and color pigments industries. The company was founded in 1863 and is headquartered in Cologne, Germany.

Corporate governance

LANXESS Aktiengesellschaft’s ISS governance QualityScore as of 1 October 2023 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder rights: 1; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.