Voestalpine AG (VLPNF)

27.69 +0.82 (+3.05%) At close: 03:34PM EDT

Voestalpine AG

voestalpine-Strasse 1
Linz 4020
Austria
43 5030 4150
https://www.voestalpine.com

Sector(s): Basic Materials
Industry: Steel
Full-time employees: 49,082

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Herbert Eibensteiner	Chairman of Management Board & CEO	4.9M	N/A	1963
Dr. Franz Kainersdorfer	Head of the Metal Engineering Division & Member of Management Board	3.37M	N/A	1967
Mr. Hubert Zajicek M.B.A.	Head of the Steel Division & Member of Management Board	3.38M	N/A	1968
Magistrate Gerald Mayer	CFO & Member of the Management Board	N/A	N/A	1971
Dr. Carola Richter	Member of Management Board & Head of the Metal Forming Division	N/A	N/A	1973
Dr. Reinhard Nöbaueru	Head of the High Performance Metals Division & Member of the Management Board	N/A	N/A	1963
Mr. Peter Fleischer	Head of Investor Relations	N/A	N/A	N/A
Mr. Peter Felsbach	Head of Group Communications	N/A	N/A	N/A
Mr. Michael Eyett	Head of Corporate Procurement	N/A	N/A	N/A
Mr. Mathias Farthofer	Head of Strategy	N/A	N/A	1975

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

Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, the European Union, and internationally. The company operates through Steel, High Performance Metals, Metal Engineering, and Metal Forming segments. The Steel segment produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; heavy plates for the energy sector; and turbine casings. The High Performance Metals segment offers special alloys for the oil and natural gas, aerospace, and energy engineering industries; tool manufacturing, component processing, heat treatment, and coating services; warehousing and preprocessing of special steels; and various services, including logistics, distribution, and processing for the oil and natural gas industries. The Metal Engineering segment provides turnout products, wire rods and drawn wires, seamless tubes, and welding consumables and machinery; rails and digital monitoring systems; and services related to rail infrastructure. The Metal Forming segment manufactures special tubes and sections, and precision strip steel products; pre-finished system components made from pressed, punched, and roll-profiled parts; and storage system solutions for manufacturers in the automotive production and supply industries, as well as various companies in the commercial vehicle, construction, storage, energy, and agricultural machinery industries. The company serves automotive, energy, railway systems, construction, mechanical engineering, white goods/consumer goods, aerospace, electrical, and other industries. Voestalpine AG is headquartered in Linz, Austria.

Corporate governance

Voestalpine AG’s ISS governance QualityScore as of 1 June 2024 is 8. The pillar scores are Audit: 8; Board: 10; Shareholder rights: 1; Compensation: 6.

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.