Andritz AG (0MJZ.L)

41.94 +0.06 (+0.15%) At close: 05:53PM BST

Andritz AG

Stattegger Strasse 18
Graz 8045
Austria
43 316 6902 0
https://www.andritz.com

Sector(s): 
Industry: 
Full-time employees: 29,717

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Joachim Schönbeck	President, CEO & Chairman of the Executive Board	1.1M	N/A	1964
Mr. Norbert Nettesheim	CFO & Member of the Executive Board	1.64M	N/A	1962
Mr. Dietmar Heinisser M.Sc.	Member of the Executive Board	N/A	N/A	N/A
Mr. Frederic Sauze B.E., M.B.A.	Member of The Executive Board	N/A	N/A	N/A
Mr. Jarno Matias Nymark Eng., M.Sc.	Member of Executive Board	N/A	N/A	N/A
Dr. Michael Buchbauer	Head of Group Finance, Corporate Communications & Investor Relations	N/A	N/A	N/A
David Bumsted	Senior VP & Group General Counsel	N/A	N/A	N/A
Mr. Gerhard Schiefer	Chief Automation Officer	N/A	N/A	N/A

Amounts are as of 31 December 2019, 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

Andritz AG provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors in Europe, North America, South America, China, Asia, and internationally. It operates through four segments: Pulp & Paper, Metals, Hydro, and Separation. The Pulp & Paper segment supplies technology, automation, and service solutions to produce pulp, paper, board, and tissue; boilers for power generation; flue gas cleaning systems; nonwovens technologies; panelboard production systems; and recycling, shredding, and energy solutions for various waste materials. The Metals segment provides technologies, plants, and digital solutions, including automation and software solutions, and process know-how and services; and solutions for the production and processing of flat products for welding systems and industrial furnaces, as well as services for the metals processing industry. The Hydro segment supplies electromechanical equipment and services for hydropower plants; offers plant diagnosis, refurbishment, modernization, and upgradation of existing hydropower plants; and pumps for irrigation, water supply, and flood control, as well as turbo generators. The Separation segment offers mechanical and thermal technologies, as well as services and related automation solutions for solid/liquid separation to serve chemical, environmental, food, mining, and minerals industries; and technologies and services to produce animal feed and biomass pellets. The company was founded in 1852 and is headquartered in Graz, Austria.

Corporate governance

Andritz AG’s ISS governance QualityScore as of 1 April 2024 is 9. The pillar scores are Audit: 8; Board: 8; Shareholder rights: 1; Compensation: 7.

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.