VERBUND AG (OEZVY)

15.88 0.00 (0.00%) At close: 10:35AM EDT

VERBUND AG

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

Sector(s): Utilities
Industry: Utilities - Renewable
Full-time employees: 4,384

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Peter F. Kollmann	CFO & Vice Chairman of the Executive Board	1.42M	N/A	1962
Dr. Michael Strugl M.B.A.	CEO & Chairman of Executive Board	1.68M	N/A	1963
Dr. Achim Kaspar	Member of Executive Board	1.09M	N/A	1965
Dr. Susanna Zapreva-Hennerbichler	Chief Renewables Officer & Member of Executive Board	N/A	N/A	1973
Mr. Andreas Wollein	Head of Group Finance & Investor Relations	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

VERBUND AG, together with its subsidiaries, generates, trades, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and households and commercial customers. It operates through Hydro, New Renewables, Sales, Grid, and All Other segments. The company operates hydropower plants with a capacity of 8,417 megawatts (MW); wind farms with a capacity of 798 MW; solar power with a capacity of 253 MW; and two thermal power plants. It also owns and operates electricity transmission network, and gas transmission pipeline and distribution network in Austria, as well as trades and sells gas. VERBUND AG was founded in 1947 and is headquartered in Vienna, Austria.

Corporate governance

VERBUND AG’s ISS governance QualityScore as of 1 April 2024 is 3. The pillar scores are Audit: 1; Board: 5; Shareholder rights: 9; 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.