Knorr-Bremse AG (0KBI.L)

69.35 -0.77 (-1.09%) At close: 05:22PM BST

Knorr-Bremse AG

Moosacher Strasse 80
Munich 80809
Germany
49 89 3547 0
https://www.knorr-bremse.com

Sector(s): 
Industry: 
Full-time employees: 29,487

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Marc Llistosella Y Bischoff	CEO & Chairman of Executive Board	3.69M	N/A	1968
Dr. Frank Markus Weber	CFO & Executive Board Member	2.48M	N/A	1961
Mr. Bernd Spies	Member of Executive Board	2.32M	N/A	N/A
Dr. Claudia Mayfeld	Chief Human Resources Officer, General Counsel & Member of Executive Board	2.25M	N/A	N/A
Dr. Nicolas Lange	Head of RVS & Member of the Executive Board	1.16M	N/A	N/A
Mr. Andreas Spitzauer	Head of Investor Relations	N/A	N/A	N/A
Alexander Stechert-Mayerhofer	Head of Corporate Communications	N/A	N/A	N/A

Amounts are as of 31 December 2023, 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

Knorr-Bremse AG, together with its subsidiaries, engages in the development, production, marketing, and servicing of braking and other systems for rail and commercial vehicles worldwide. The company operates in two segments, Rail Vehicle Systems and Commercial Vehicle Systems. The Rail Vehicle Systems segment offers braking systems, entrance and HVAC systems, sanitary systems, coupling systems, digital solutions, smart services for optimizing rail traffic, power electrics, rail computing and communication (RCC)/TCMS, signaling systems, stationary and mobile testing equipment, windshield wiper and wash systems, and extensive aftermarket solutions. The Commercial Vehicle Systems segment provides pneumatic braking systems comprising brake control systems, disk brakes, drum brakes, brake cylinders, valves, and pedal units; steering systems; vehicle dynamics solutions, such as anti-lock braking systems and electronic stability programs; driver assistance systems; automated driving and electronic leveling control; energy supply and distribution systems, including compressors and air treatment products; and engine components and transmission control systems, such as vibration dampers, engine air management, transmission control, and gear/clutch actuation products for trucks, buses, trailers, and agricultural machinery. In addition, it offers leasing, holding, logistics, and media and IT services. The company was founded in 1905 and is headquartered in Munich, Germany. Knorr-Bremse AG is a subsidiary of KB Holding GmbH.

Corporate governance

Knorr-Bremse AG’s ISS governance QualityScore as of 29 April 2024 is 5. The pillar scores are Audit: 7; Board: 2; Shareholder rights: 6; Compensation: 8.

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.