WashTec AG (WHTAF)

60.00 0.00 (0.00%) As of 10:36AM EST. Market open.

WashTec AG

Argonstrasse 7
Augsburg 86153
Germany
49 821 55 84 0
https://www.washtec.de

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 1,799

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Ralf Koeppe	CEO, CTO & Chairman of Management Board	539.74k	N/A	1965
Mr. Stephan Weber	Chief Sales Officer & Member of Management Board	519.33k	N/A	1963
Mr. Andreas Pabst	Member of Management Board & CFO	N/A	N/A	1973
Mr. Holger Ritzenhofen	Head of Service Germany	N/A	N/A	N/A

Amounts are as of 31 December 2021, 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

WashTec AG provides solutions for car wash in Europe, North America, and the Asia Pacific. The company offers various roll-over, self-service, and commercial vehicle wash equipment, as well as associated peripheral devices. It also provides wash tunnel systems; water reclaim systems; equipment maintenance; service projects and upgrades; spare parts; and digital solutions, as well as car wash chemicals under the Auwa brand. In addition, the company offers car wash management services; and financial services, such as financing and leasing solutions. It serves petroleum companies, convenience stores, individual filling stations, and filling station operator chains; and car wash operators, automobile repair shops, supermarket chains, road freight companies, and public transport operators. WashTec AG was founded in 1885 and is headquartered in Augsburg, Germany.

Corporate governance

WashTec AG’s ISS governance QualityScore as of 1 October 2022 is 8. The pillar scores are Audit: 4; Board: 8; Shareholder rights: 1; Compensation: 9.

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.