Ceconomy AG (MTAGF)

2.3500 0.0000 (0.00%) At close: 12:23PM EDT

Ceconomy AG

Kaistrasse 3
Düsseldorf 40221
Germany
49 211 5408 7000
https://www.ceconomy.de

Sector(s): Consumer Cyclical
Industry: Specialty Retail
Full-time employees: 41,365

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Karsten Wildberger MBA	CEO, Chairman of Management Board & Labor Director	2.62M	N/A	1969
Mr. Kai-Ulrich Deissner Ph.D.	CFO & Member of Management Board	1.55M	N/A	1968
Ms. Fabienne Caron	Vice President of Investor Relations	N/A	N/A	N/A
Mr. Michael Wedell	Global Director of Corporate Communications & Public Policy	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 USD.

Description

Ceconomy AG, together with its subsidiaries, engages in the consumer electronics retail business. It operates stores under the MediaMarkt and Saturn brands. The company offers professional assistance for the installation, connection, and troubleshooting of electronic devices at home under the Deutsche Technikberatung brand. It operates in Germany, Austria, Switzerland, and Hungary, as well as in Western, Southern, and Eastern Europe. Ceconomy AG is based in Düsseldorf, Germany.

Corporate governance

Ceconomy AG’s ISS governance QualityScore as of 1 April 2024 is 2. The pillar scores are Audit: 2; Board: 2; Shareholder rights: 1; Compensation: 4.

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.