Mayr-Melnhof Karton AG (0NZ7.L)

152.02 +0.32 (+0.21%) At close: 05:48PM BST

Mayr-Melnhof Karton AG

Brahmsplatz 6
Vienna 1040
Austria
43 1 50 136 0
https://www.mm.group

Sector(s): 
Industry: 
Full-time employees: 14,710

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Peter Josef Oswald	CEO & Chairman of the Management Board	3.91M	N/A	1962
Magistrate Franz J. Hiesinger	CFO & Member of the Management Board	1.11M	N/A	1965
Mr. Stephan Sweerts-Sporck	Head of Investor Relations & 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

Mayr-Melnhof Karton AG manufactures and sells cartonboard and folding cartons in Germany, Austria, and internationally. It operates through two segments, MM Board & Paper and MM Packaging. The MM Board & Paper segment manufactures and markets various grades of cartonboard products, such as coated cartonboard produced from recycling fibers; and virgin fiber based cartonboard, as well as offers kraft papers and uncoated fine papers. This segment primarily serves printing businesses in the fragmented folding carton industry. The MM Packaging segment processes cartonboard into folding cartons primarily for food industry, as well as for other consumer goods industries. This segment also provides leaflets and labels. Mayr-Melnhof Karton AG was founded in 1950 and is based in Vienna, Austria.

Corporate governance

Mayr-Melnhof Karton AG’s ISS governance QualityScore as of 1 April 2024 is 10. The pillar scores are Audit: 6; Board: 8; Shareholder rights: 6; Compensation: 10.

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.