Salzgitter AG (0G77.IL)

22.28 -1.99 (-8.20%) At close: 04:35PM BST

Salzgitter AG

EisenhUettenstrasse 99
Salzgitter 38239
Germany
49 5341 21 01
https://www.salzgitter-ag.com

Sector(s): Basic Materials
Industry: Steel
Full-time employees: 23,855

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Gunnar Groebler	Chairman of the Group Management Board & CEO	1.69M	N/A	1972
Mr. Burkhard Becker	CFO & Member of the Group Management Board	1.39M	N/A	1960
Mr. Michael Kieckbusch	Chief Personnel Officer & Member of the Group Management Board	1.4M	N/A	1961
Mr. Ulrich Grethe	Head of the Strip Steel Bus. Unit & Member of the Management Board	N/A	N/A	N/A
Mr. Kai Acker	Head of the Group Technology Bus. Unit & Member of Group Management Board	N/A	N/A	N/A
Dr. Sebastian Bross	Head of Trading Bus. Unit & Member of the Group Management Board	N/A	N/A	N/A
Mr. Uwe Kruse	CIO & Head of IT Strategy	N/A	N/A	N/A
Mr. Markus Heidler	Head of Investor Relations & Corp. Communication	N/A	N/A	N/A
Mr. Jan Mathias Lesemann	Sr. Investor Relations Mang.	N/A	N/A	N/A

Amounts are as of 31 December 2021, 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

Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through four segments: Steel Production, Steel Processing, Trading, and Technology. The Steel Production segment manufactures steel and special steels, such as hot-rolled wide strip, steel sheet, sections, tailored blanks, as well as scrap trading. The Steel Processing segment produces various high-grade heavy plates; and manufactures line pipes, HFI-welded tubes, and precision and stainless-steel tubes. The Trading segment operates a European sales network, as well as trading companies and agencies worldwide. The Technology segment engages in the provision of machinery and plants for the filling and packaging of beverages, as well as special machinery engineering for shoe manufacturing and elastomer production. The company also provides IT, facility management, logistics, automotive engineering, and research and development services, as well as supplies raw materials. Salzgitter AG was founded in 1858 and is headquartered in Salzgitter, Germany.

Corporate governance

Salzgitter AG’s ISS governance QualityScore as of 1 October 2023 is 4. The pillar scores are Audit: 6; Board: 6; Shareholder rights: 1; Compensation: 1.

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.