WashTec AG (0GJK.IL)

37.00 -0.30 (-0.80%) At close: 05:15PM BST

WashTec AG

Argonstrasse 7
Augsburg 86153
Germany
49 821 55 84 0
https://www.washtec.de

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 1,776

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Ralf Koeppe	CEO, CTO & Chairman of Management Board	545.97k	N/A	1965
Mr. Andreas Pabst	Member of Management Board & CFO	N/A	N/A	1973
Mr. Sebastian Kutz	Chief Sales Officer & Member of Management Board	N/A	N/A	1979
Mr. Holger Ritzenhofen	Head of Service Germany	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

WashTec AG provides solutions for car wash in Germany, Europe, North America, and the Asia Pacific. The company offers gantry carwashes, self-service, and commercial vehicle wash equipment, as well as conveyor tunnel systems. It also provides water recovery systems; full maintenance; on-call service agreements; service projects and upgrades; spare parts; and digital solutions, as well as car wash chemicals under the Auwa brand. In addition, the company offers car wash management services; and financial services, such as financing and leasing solutions. It serves petroleum companies, convenience stores, individual filling stations, and operator chains; and car wash operators, automobile repair shops, supermarket chains, road freight companies, and public transport operators. WashTec AG was founded in 1885 and is headquartered in Augsburg, Germany.

Corporate governance

WashTec AG’s ISS governance QualityScore as of 1 October 2023 is 7. The pillar scores are Audit: 5; Board: 5; Shareholder rights: 1; Compensation: 9.

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.