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Sika AG (SXYAY)

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Sika AG

Zugerstrasse 50
Baar 6340
Switzerland
41 58 436 68 00
https://www.sika.com

Sector(s)Basic Materials
IndustrySpecialty Chemicals
Full-time employees33,547

Key executives

NameTitlePayExercisedYear born
Mr. Thomas Hasler M.B.A., Executive MBAChief Executive Officer3.85MN/A1965
Mr. Adrian WidmerChief Financial OfficerN/AN/A1968
Mr. Ivo Schädler M.B.A., M.Sc.Head of ConstructionN/AN/A1966
Mr. Marcos VazquezHead of Global ProcurementN/AN/AN/A
Jean de MartresAfrica Area ManagerN/AN/AN/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

Sika AG, a specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry worldwide. The company offers tile adhesives and grouts, systems for under-tile waterproofing, sound reduction, renders, and decorative finishes for exterior and interior walls, as well as exterior insulation finishing systems; admixtures and additives for concrete, cement, and mortar production; and flat roofing systems, including flexible sheets and liquid-applied membranes under the Sika Sarnafil brand, as well as vapor control layers, adhesives, insulation, fixation, roof drainages, leak monitoring and detection systems, and accessories. It also provides technologies for below and above-ground waterproofing, including flexible membrane systems, such as polymeric sheets, fully bonded membranes, and modified bitumen sheets; liquid-applied membranes; joint waterproofing systems, including waterstops, swelling profiles, and adhered tapes; and waterproofing mortars and injection resins for commercial and residential basements, tunnels, bridges, and various types of water-retaining structures, such as reservoirs, storage basins, and storage tanks. In addition, the company offers flooring solutions, such as synthetic resin and cementitious systems; and sealants, adhesives, tapes, and spray foams for the building facades, interior finishing, and infrastructure projects. Further, it provides repairing, reinforcing, and protective solutions for concrete structures, such as repair mortars, shrinking grouts, anchoring adhesives, protective coatings, corrosion control, and structural strengthening systems. The company serves automobile and commercial vehicle assembly, automotive aftermarket, marine vessel, industrial lamination, renewable energy, home appliance, and facade engineering industries. The company was founded in 1910 and is headquartered in Baar, Switzerland.

Corporate governance

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

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.