AALB.AS - Aalberts NV

Amsterdam - Amsterdam Delayed Price. Currency in EUR

Aalberts NV

Word Trade Center Utrecht
Stadsplateau 18
Utrecht 3521 AZ
Netherlands
31 30 307 9300
http://www.aalberts.com

SectorIndustrials
IndustryDiversified Industrials
Full Time Employees16,452

Key Executives

NameTitlePayExercisedYear Born
Mr. Wim A. PelsmaCEO & Member of the Management Board1.44MN/A1963
Mr. Arno R. MonincxCFO & Member of Management Board794kN/A1967
Mr. Oliver N. JägerExec. Director & Member of Management Board857kN/A1967
Mr. D. W. LeaseHead of Flow Control IndustrialN/AN/A1955
G. L. MosackHead of Conbraco Industries - Flow ControlN/AN/A1964
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Aalberts NV operates as a technology company worldwide. The company operates through four segments: Installation Technology, Material Technology, Climate Technology, and Industrial Technology. The Installation Technology segment develops, manufactures, and sells integrated piping systems and multilayer systems to distribute and control water or gas in heating, cooling, drinking water, gas, and sprinkler systems in residential, commercial, and industrial buildings and industrial installations, as well as water and gas supply, and irrigation markets. The Material Technology segment provides heat treatment and surface treatment solutions, as well as specialized manufacturing solutions. This segment serves automotive, general industrial, power generation, and aerospace markets. The Climate Technology segment develops, manufactures, and sells hydronic and air flow control systems and solutions for heating, cooling, ventilation, and drinking water for residential and commercial buildings. The Industrial Technology segment engineers and manufactures custom made solutions to regulate and control gasses and liquids, as well as co-develops and offers specialized manufacturing technologies. This segment serves semiconductor and science, district energy, oil and gas, beverage dispense, automotive, and general industries. The company was formerly known as Aalberts Industries N.V. and changed its name to Aalberts NV in April 2019. Aalberts NV was founded in 1975 and is headquartered in Utrecht, the Netherlands.

Corporate Governance

Aalberts NV’s ISS Governance QualityScore as of October 4, 2019 is 4. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 10; Compensation: 3.

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 a 10 indicates higher governance risk.