Andritz AG (AZ2.F)

61.60 +1.55 (+2.58%) At close: 09:50PM CET

Andritz AG

Stattegger Strasse 18
Graz 8045
Austria
43 316 6902 0
https://www.andritz.com

Sector(s): Industrials
Industry: Industrial Distribution
Full Time Employees: 27,925

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Joachim Schönbeck	Pres, CEO & Member of the Exec. Board	1.1M	N/A	1964
Mr. Norbert Nettesheim	CFO & Member of the Exec. Board	1.64M	N/A	1962
Mr. Humbert Köfler	Member of the Exec. Board	1.09M	N/A	1961
Mr. Wolfgang Semper	Member of the Exec. Board	1.08M	N/A	1958
Mr. Domenico Iacovelli	Member of the Exec. Board	N/A	N/A	1976
Dr. Michael Buchbauer	Head of Group Fin., Corp. Communications & Investor Relations	N/A	N/A	N/A
David Bumsted	Sr. VP & Group Gen. Counsel	N/A	N/A	N/A
Mr. Gerhard Schiefer	Chief Automation Officer	N/A	N/A	N/A

Amounts are as of December 31, 2019 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

Andritz AG provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors. It operates through four segments: Pulp & Paper, Metals, Hydro, and Separation. The Pulp & Paper segment supplies technology, automation, and service solutions to produce pulp, paper, board, and tissue; boilers for power generation; flue gas cleaning systems; plants to produce nonwovens and panelboards; and recycling and shredding solutions for various waste materials. The Metals segment provides technologies, plants, and digital solutions, including automation and software solutions, and process know-how and services; and solutions for the production and processing of flat products and welding systems, as well as services for the metals processing industry. The Hydro segment supplies electromechanical equipment and services for hydropower plants; and pumps for irrigation, water supply, and flood control, as well as offers turbo generators. The Separation segment offers mechanical and thermal technologies, as well as services and related automation solutions for solid/liquid separation to serve chemical, environmental, food, mining, and minerals industries; and technologies and services for the production of animal feed and biomass pellets. In addition, it serves to carbon steel, stainless steel, aluminum, and solution for automotive industries. It operates primarily in Europe, North America, South America, and China and rest of Asia. The company was founded in 1852 and is headquartered in Graz, Austria.

Corporate Governance

Andritz AG’s ISS Governance QualityScore as of February 1, 2023 is 5. The pillar scores are Audit: 6; Board: 2; 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 a 10 indicates higher governance risk.