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Ceconomy AG (0MPM.IL)

IOB - IOB Delayed price. Currency in EUR
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1.2050+0.0055 (+0.46%)
At close: 04:17PM BST

Ceconomy AG

Kaistrasse 3
Düsseldorf 40221
Germany
49 211 5408 7000
https://www.ceconomy.de

Sector(s)Consumer Cyclical
IndustrySpecialty Retail
Full-time employees44,280

Key executives

NameTitlePayExercisedYear born
Dr. Karsten Wildberger MBACEO, Chairman of Management Board & Labor Director3.88MN/A1969
Mr. Florian WieserCFO & Member of the Management Board688kN/AN/A
Ms. Stephanie RitschelVP of Investor RelationsN/AN/AN/A
Hans-Jürgen MaternHead of Strategic Quality Management and Head of Regulatory Affairs & External Relations QsheN/AN/AN/A
Mr. Michael WedellGlobal Director of Corp. Communications & Public PolicyN/AN/AN/A
Bernd MedigerHead of Properties for RealN/AN/AN/A
Mr. Didier FleuryChief Exec. Officer of RealN/AN/AN/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

Ceconomy AG engages in the consumer electronics retail business. The company operates approximately 850 stores in 14 countries under the MediaMarkt brand; and approximately 170 stores in 3 countries under the Saturn brand. It also operates Flip4New for selling used electronic articles online. In addition, the company offers professional assistance for the installation, connection, and troubleshooting of electronic devices at home under the Deutsche Technikberatung brand. It operates in Germany, Austria, Switzerland, and Hungary, as well as in Western, Southern, and Eastern Europe. The company is based in Düsseldorf, Germany.

Corporate governance

Ceconomy AG’s ISS governance QualityScore as of 1 October 2022 is 3. The pillar scores are Audit: 3; Board: 3; Shareholder rights: 1; Compensation: 6.

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.