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Siemens Energy AG (SMEGF)

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27.91+0.23 (+0.83%)
At close: 3:55PM EST

Siemens Energy AG

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

Sector(s)Utilities
IndustryUtilities—Independent Power Producers
Full-time employees92,000

Key executives

NameTitlePayExercisedYear born
Dr. Christian BruchCEO, Pres & Member of Exec. Board5.62MN/A1970
Ms. Maria FerraroCFO & Member of Exec. Board872.85kN/A1973
Dr. Jochen EickholtMember of the Exec. Board1.04MN/A1962
Mr. Tim Oliver HoltMember of the Exec. Board902.99kN/A1969
Mr. Michael HagmannHead of Investor RelationsN/AN/AN/A
Prof. Armin SchnettlerExec. VP of New EnergyN/AN/AN/A
Ms. Nadja HaakanssonManaging Director for AfricaN/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

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 power and distribution transformers, air and gas-insulated switchgears, circuit breakers, surge arresters, disconnectors, bushings, instrument transformers, coils, transmission systems, and digitalized products for power transmission. It also offers products, integrated systems, and solutions comprising rotating equipment, integrated drivetrain systems, electrification, automation, and digital solutions for on and offshore, marine, and fiber industries, as well as for oil and gas, and distributed generation applications, such as food and beverages, minerals and metals, industrial parks, and municipalities; and water treatment solutions. In addition, the company provides electrolyzer-based power-to-hydrogen systems and services; electrolyzer-based power-to-hydrogen and power-to-liquids solutions and services; electrolyzer-integrating energy system design; and power-to-X related digital services and optimization solutions. Further, it offers onshore wind turbine design, manufacturing, and installation solutions for onshore markets; offshore wind turbine equipment design, manufacturing, and installation solutions; and operation, management, and maintenance services for wind turbines. The company serves utilities, independent power producers, project developers, financial investors, oil and gas players, 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 N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

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.