Grenke AG (0R97.IL)

21.90 +0.23 (+1.04%) As of 08:34AM BST. Market open.

Grenke AG

Neuer Markt 2
Baden-Baden 76532
Germany
49 7221 5007 204
https://www.grenke.de

Sector(s): Financial Services
Industry: Credit Services
Full-time employees: 2,000

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Sebastian Hirsch B.A.	Chairman of the Management Board, CEO & Interim CFO	686.58k	N/A	1981
Mr. Gilles Christ M.B.A.	Chief Sales & Marketing Officer and Member of the Management Board	517.27k	N/A	1970
Ms. Isabel Rosler	Chief Risk Officer & Member of Management Board	524.49k	N/A	1975
Ms. Anke Linnartz	Director of Investor Relations	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

Grenke AG, together with its subsidiaries, provides financial services to small and medium-sized (SME) enterprises in Germany, France, Italy, and internationally. It operates through three segments: Leasing, Banking, and Factoring. The company is involved in the leasing activities, such as financing to commercial lessees, leasing, service, protection, and maintenance offerings, as well as sale of used equipment; and small-ticket leasing of IT products, such as PCs, notebooks, servers, monitors, peripheral equipment, software, telecommunication and copier equipment, and medical devices, as well as other IT products. It also provides banking products and services, such as fixed deposits to private and business customers through its website; financing services to business start-ups, as well as development loans to SMEs and self-employed professionals; and small-ticket factoring services. The company was formerly known as GrenkeLeasing AG and changed its name to Grenke AG in May 2016. Grenke AG was founded in 1978 and is headquartered in Baden-Baden, Germany.

Corporate governance

Grenke AG’s ISS governance QualityScore as of 1 October 2023 is 4. The pillar scores are Audit: 1; Board: 1; Shareholder rights: 1; Compensation: 7.

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.