Evonik Industries AG (0QDS.IL)

19.19 -0.04 (-0.22%) At close: 06:11PM BST

Evonik Industries AG

Rellinghauser Strasse 1-11
Essen 45128
Germany
49 201 177 3315
https://corporate.evonik.com/en/

Sector(s): Basic Materials
Industry: Specialty Chemicals
Full-time employees: 33,357

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Christian Kullmann	CEO & Chairman of the Exec. Board	4.58M	N/A	1969
Dr. Harald Schwager	Deputy Chairman of the Exec. Board	3.52M	N/A	1960
Mr. Thomas Wessel	Chief HR Officer, Labor Relations Director & Member of Exec. Board	2.36M	N/A	1963
Maike Schuh	CFO & Member of Exec. Board	N/A	N/A	N/A
Dr. Wilfried Ostendorf	Head of Production and Technology	N/A	N/A	N/A
Mr. Tim Lange	Head of Investor Relations	N/A	N/A	N/A
Mr. Thomas Mahlstedt	VP M&A, Corp. Legal & Compliance	N/A	N/A	N/A
Christian Schmid	Head of Corp. Communications	N/A	N/A	1971
Dr. Ulrich Küsthardt	Chief Innovation Officer	N/A	N/A	N/A
Dr. Stefan Mack	Head of the Methionine & Derivatives Product Line	N/A	N/A	N/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

Evonik Industries AG engages in the specialty chemicals business. It operates through Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Technology & Infrastructure segments. The Specialty Additives segment provides polyurethane additives, organically modified silicones, isophorones, epoxy curing agents, oil additives, fumed silicas, matting agents, and acetylenic diol-based surfactants for consumer goods and specialized industrial applications. The Nutrition & Care segment offers amphoteric surfactants, ceramides, phytosphingosines, oleochemicals, quaternary derivatives, amino acids and amino acid derivatives, synthesis products, drug delivery, and DL-methionine for use in consumer goods, animal nutrition, and healthcare products. The Smart Materials segment provides hydrogen peroxide, peracetic acid, activated nickel catalysts, precious metal powder catalysts, oil and fat hydrogenation catalysts, regeneration of desulfurization catalysts, amorphous polyalphaolefins, polybutadienes, polyester resins, thermoplastic and reactive methacrylate resins, PEEK, polyamide 12, organosilanes, chlorosilanes, fumed silicas, fumed metal oxides, and precipitated silicas for the automotive, paints, coatings, adhesives, construction, and various other sectors. The Performance Materials segment produces polymer materials and intermediates, including butene-1, DINP, isononanol, cyanuric chloride, alkoxides, and superabsorbent for rubber, plastics, and automotive industries. The Technology & Infrastructure segment provides site management, utilities and waste management, technical, process technology, engineering, and logistics services. It operates in the Asia-Pacific, Europe, the Middle East, Africa, Central and South America, and North America. The company was founded in 1873 and is headquartered in Essen, Germany. Evonik Industries AG is a subsidiary of RAG-Stiftung.

Corporate governance

Evonik Industries AG’s ISS governance QualityScore as of 1 October 2023 is 9. The pillar scores are Audit: 3; Board: 9; 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.