Rieter Holding AG (0QKA.L)

126.80 -0.20 (-0.16%) At close: 05:21PM BST

Rieter Holding AG

Klosterstrasse 32
Winterthur 8406
Switzerland
41 52 208 71 71
https://www.rieter.com

Sector(s): 
Industry: 
Full-time employees: 5,081

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Thomas Oetterli	CEO & Chairman of the Board	1.34M	N/A	1969
Mr. Oliver Streuli	Chief Financial Officer	N/A	N/A	1988
Mr. Stephan Mörgeli	Head of Group Accounting & Reporting and Head of Internal Audit	N/A	N/A	N/A
Ms. Relindis Wieser	Head Group Marketing & Communication	N/A	N/A	N/A
Mr. Serge Entleitner Mag. rer. soc. oec.	Head of Business Group Components	N/A	N/A	1964
Mr. Rico Randegger	Head of Business Group After Sales	N/A	N/A	1973
Mr. Roger Albrecht	Head of Business Group Machines & Systems	N/A	N/A	1982
Mr. Thomas Anwander lic. iur. HSG	General Secretary	N/A	N/A	1960

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 CHF.

Description

Rieter Holding AG, together with its subsidiaries, supplies systems for manufacturing yarn from staple fibers in spinning mills in Switzerland and internationally. It operates through three segments: Machines & Systems, Components, and After Sales. The company develops and manufactures machinery, systems, and components for converting natural and man-made fibers, as well as their blends into yarns. Its products include fiber preparation, spinning preparation, ring spinning, compact spinning, rotor spinning, air-jet spinning, automation, winding, and texturing machines, as well as related components. The company also supplies technology components to spinning mills and textile machinery manufacturers, as well as precision winding machines; and offers spare parts, and after sales services and solutions over the product life cycle. The company was founded in 1795 and is headquartered in Winterthur, Switzerland.

Corporate governance

Rieter Holding AG’s ISS governance QualityScore as of 1 April 2024 is 10. The pillar scores are Audit: 7; Board: 10; 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.