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VERBUND AG (OEZVF)

Other OTC - Other OTC Delayed price. Currency in USD
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98.750.00 (0.00%)
At close: 11:30AM EST

VERBUND AG

Am Hof 6a
Vienna 1010
Austria
43 50 313 0
https://www.verbund.com

Sector(s)Utilities
IndustryUtilities—Renewable
Full-time employees2,870

Key executives

NameTitlePayExercisedYear born
Dr. Michael Strugl M.B.A.CEO & Chairman of Exec. Board1.28MN/A1963
Dr. Peter F. KollmannCFO & Member of the Exec. Board1.16MN/A1962
Dr. Achim KasparMember of Exec. Board884.45kN/A1965
Mr. Andreas WolleinHead of Group Fin. & Investor RelationsN/AN/AN/A
Ms. Corinna TinklerHead of Group CommunicationsN/AN/AN/A
Amounts are as of 31 December 2020, 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

VERBUND AG, together with its subsidiaries, generates, trades, and sells electricity to energy exchanges, traders, energy utilities and industrial companies, and households and commercial customers in Austria and internationally. The company operates through Hydro, New Renewables, Sales, Grid, and All Other segments. As of December 31, 2020, it operated hydropower plants with a capacity of 8,267 megawatts (MW); wind farms with a capacity of 418 MW; and thermal power plants with an electrical capacity of 1,013 MW. The company also owns and operates a transmission grid in Austria; and trades and sells gas, as well as provides energy-related services. The company was formerly known as Österreichische Elektrizitätswirtschafts- Aktiengesellschaft and changed its name to VERBUND AG in 2010. VERBUND AG was founded in 1947 and is headquartered in Vienna, Austria.

Corporate governance

VERBUND AG’s ISS governance QualityScore as of 26 September 2021 is 6. The pillar scores are Audit: 1; Board: 5; Shareholder rights: 9; 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.