SMA Solar Technology AG (0NIF.IL)

49.42 +0.54 (+1.11%) At close: 06:06PM BST

SMA Solar Technology AG

Sonnenallee 1
Niestetal 34266
Germany
49 561 9522 0
https://www.sma.de

Sector(s): Technology
Industry: Solar
Full-time employees: 3,945

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Jurgen Reinert	CEO, Head of Operations, Technology, Strategy, Sales & Service and Chairman of Managing Board	1.05M	N/A	1968
Ms. Barbara Gregor	Chief Financial & Legal Officer and Member of Managing Board	652k	N/A	1970
Julia Damm	Mang. of Investor Relations	N/A	N/A	N/A
Ms. Anja Jasper	Head of Corp. Communications	N/A	N/A	N/A
Mr. Marko Werner	Exec. VP of European Sales	N/A	N/A	1963
Ms. Jeanete Klokgether	Exec. VP of Sales & Marketing, Power Plant Solutions	N/A	N/A	N/A
Mr. Volker Wachenfeld	Sr. VP of Hybrid Energy & Storage Integration	N/A	N/A	N/A

Amounts are as of 31 December 2022, 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

SMA Solar Technology AG, together with its subsidiaries, engages in development, production, and sale of PV and battery inverters, transformers, chokes, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally. It operates through Home Solutions, Commercial and Industrial Solutions, and Large Scale and Project Solutions segments. The company offers string and central solar inverters for various module types; battery inverters for high voltage batteries, on- and off- grid applications, commercial and industrial storage solutions, large scale storage solutions, and accessories; medium-voltage technology products; and DC-DC converters. It also provides E-mobility charging solutions; monitoring and control solutions for PV systems; and energy data services, as well as digital solutions to design, operate, and service PV systems and energy systems. The company was formerly known as SMA Technologie AG and changed its name to SMA Solar Technology AG in June 2008. SMA Solar Technology AG was founded in 1981 and is headquartered in Niestetal, Germany.

Corporate governance

SMA Solar Technology AG’s ISS governance QualityScore as of 1 October 2023 is 6. The pillar scores are Audit: 6; Board: 3; Shareholder rights: 1; 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.