WEG S.A. (WEGZY)

7.59 -0.04 (-0.52%) At close: 03:55PM EDT

WEG S.A.

Avenida Prefeito Waldemar Grubba, 3300
Jaraguá do Sul, SC 89256-900
Brazil
55 47 3276 4000
https://www.weg.net/institutional/BR/en/

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 40,793

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Harry Schmelzer Jr.	CEO & Member of Executive Board	N/A	N/A	1958
Mr. Andre Luis Rodrigues	CFO, Administrative & Financial Director and Member of Executive Board	N/A	N/A	N/A
Mr. Carlos Diether Prinz	Director of WEG T&D and Member of Executive Board	N/A	N/A	N/A
Mr. Eduardo De Nobrega	Director of China Division & Member of Executive Board	N/A	N/A	N/A
Mr. Manfred Peter Johann	Director of Automation Division & Member of Executive Board	N/A	N/A	N/A
Mr. Daniel Marteleto Godinho	Director of Sustainability & Institutional Relations and Member of Executive Board	N/A	N/A	N/A
Mr. Andre Menegueti Salgueiro	Finance Director & Investor Relations Officer & Member of Executive Board	N/A	N/A	N/A
Mr. Alberto Yoshikazu Kuba	Director of Industrial Motors & Member of Executive Board	N/A	N/A	N/A
Mr. João Paulo Gualberto da Silva	Director of WEG Energy & Member of Executive Board	N/A	N/A	N/A
Mr. Julio Cesar Ramires	Director of Commercial Motors & Member of Executive Board	N/A	N/A	N/A

Amounts are as of , 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

WEG S.A. engages in the production and sale of capital goods in Brazil and internationally. The company offers electric motors, generators, and transformers; gear units and geared motors; hydraulic and steam turbines; frequency converters; motor starters and maneuver devices; control and protection of electric circuits for industrial automation; power sockets and switches; and electric traction solutions for heavy vehicles, SUV vehicles, locomotives, and sea transportation capital goods. It also provides solutions for the generation of renewable and distributed energy through hydro, thermal, biomass, wind, and solar energy power plants; solutions for industry; UPSs and alternators for groups of generators; conventional and movable electric substations; industrial electrical and electronic systems; industrial paint and varnish; and paints for automotive repainting. WEG S.A. was founded in 1961 and is headquartered in Jaraguá do Sul, Brazil.

Corporate governance

WEG S.A.’s ISS governance QualityScore as of 1 May 2024 is 10. The pillar scores are Audit: 9; Board: 9; Shareholder rights: 6; 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.