Siemens Energy AG (ENR.DE)

16.86 +0.30 (+1.81%) As of 01:58PM CEST. Market open.

Siemens Energy AG

Otto-Hahn-Ring 6
Munich 81739
Germany
49 89 636 00
https://www.siemens-energy.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 91,000

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Christian Bruch	CEO, Pres & Chairman of Exec. Board	3.42M	N/A	1970
Ms. Maria Ferraro	CFO & Member of Exec. Board	1.67M	N/A	1973
Mr. Tim Oliver Holt	Member of the Exec. Board	1.61M	N/A	1969
Mr. Karim Amin	Member of the Exec. Board	N/A	N/A	N/A
Mr. Michael Hagmann	Head of Investor Relations	N/A	N/A	N/A
Prof. Armin Schnettler	Exec. VP of New Energy	N/A	N/A	N/A
Ms. Nadja Haakansson	Managing Director for Africa	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

Siemens Energy AG operates as an energy technology company worldwide. It operates in two segments, Gas and Power; and Siemens Gamesa Renewable Energy. The company provides gas and steam turbines, generators, gas engines, instrumentation and controls, and electrical systems, as well as performance enhancement, maintenance, customer training, and professional consulting services for central and distributed power generation; and transformers, air and gas-insulated switchgears, AC transmission systems, offshore windfarm grid connections, high voltage direct current transmission systems, high voltage substations, digital solutions and components, and other products. It also offers rotating equipment that includes industrial and aero-derivative gas turbines, turbo- and reciprocating compressors, power generation products, and compression trains and modules, as well as solutions in the fields of electrification, automation and digitization, plant safety, plant security, and water treatment. In addition, the company develops technologies in the fields of decarbonized energy and storage systems. Further, it offers onshore wind turbine design, engineering, manufacturing, and installation solutions for onshore markets; offshore wind turbine equipment design, manufacturing, and installation solutions; and operation and maintenance services for wind farms. The company serves utilities, independent power producers, project developers, oil and gas, transmission and distribution system operators, and industrial and infrastructure customers. Siemens Energy AG was founded in 1866 and is based in Munich, Germany.

Corporate governance

Siemens Energy AG’s ISS governance QualityScore as of 1 May 2022 is 4. The pillar scores are Audit: 3; Board: 7; Shareholder rights: 1; Compensation: 2.

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.