Aalberts N.V. (AALBF)

45.16 0.00 (0.00%) At close: 02:50PM EDT

Aalberts N.V.

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

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full Time Employees: 14,597

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Wim A. Pelsma	CEO & Member of the Management Board	1.72M	N/A	1963
Mr. Arno R. Monincx	CFO & Member of Management Board	1.07M	N/A	1967
Mr. Marcel A. J. M. Abbenhuis	Exec. Director	N/A	N/A	1959
Mr. Maarten Van De Veen	Exec. Director	N/A	N/A	N/A
Mr. André in Het Veld	Exec. Director	N/A	N/A	N/A
Mr. Thomas Breser	Member of the Management Team - Advanced Mechatronics Group	N/A	N/A	N/A

Amounts are as of December 31, 2021 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 USD.

Description

Aalberts N.V. engineers mission-critical technologies. The company operates in two segments: Building Technology and Industrial Technology. The Building Technology segment develops, manufactures, and monitors hydronic flow control systems for heating and cooling to enhance the energy efficiency; and develops, designs, and manufactures integrated piping systems to distribute and regulate water or gas flows in heating, cooling, water, gas, and sprinkler systems in eco-friendly buildings and industrial niches. The Industrial Technology segment co-develops, engineers, and manufactures advanced mechatronics and technologies to regulate, measure, and control fluids under severe and critical conditions for active OEMs in semicon efficiency, sustainable transportation, and industrial niches; and offers a range of surface technologies utilizing a network of service locations local knowledge to customers active in sustainable transportation and industrial niches. It operates in Western Europe, the United States, Russia, Eastern Europe, the Asia-Pacific, the Middle East, and Africa. The company was formerly known as Aalberts Industries N.V. and changed its name to Aalberts N.V. in April 2019. Aalberts N.V. was founded in 1975 and is headquartered in Utrecht, the Netherlands.

Corporate Governance

Aalberts N.V.’s ISS Governance QualityScore as of March 1, 2023 is 2. The pillar scores are Audit: 2; Board: 2; Shareholder Rights: 10; Compensation: 2.

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.