U.S. Markets open in 4 hrs 55 mins

Commerzbank AG (CRZBY)

Other OTC - Other OTC Delayed Price. Currency in USD
8.15+0.06 (+0.74%)
At close: 03:45PM EST

Commerzbank AG

Frankfurt am Main 60311
49 69 136 20

Sector(s)Financial Services
Full Time Employees38,465

Key Executives

NameTitlePayExercisedYear Born
Dr. Manfred KnofChairman of MD & CEO3.88MN/A1965
Dr. Bettina OrloppCFO, Head of Tax, IR, Treasury & Deputy Chairwoman of the Board of MD1.58MN/A1970
Dr. Marcus ChromikChief Compliance Officer, Chief Risk Officer & Member of the Board of MD1.56MN/A1972
Ms. Sabine SchmittrothHead of Group HR, Bus. Segment Private & Small-Bus. Customers & Member of Board of MD1.46MN/A1965
Mr. Michael KotzbauerHead of Corp. Clients Bus. & Member of the Board of MD1.53MN/A1969
Magistrate Thomas Schaufler CEFAMember of the Board of Managing Director1.02MN/A1970
Dr. Jorg Oliveri del Castillo-SchulzCOO & Member of the Board of MDN/AN/A1967
Mr. Christoph WortigHead of Investor RelationsN/AN/AN/A
Mr. Sven KorndorfferHead, Corp. Communications, Public Affairs, Brand Mgmt., Communication Products & Services div.N/AN/AN/A
Mr. Toufic YafouiHead of Fixed Income Sales - Middle EastN/AN/AN/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.


Commerzbank AG provides banking and capital market services to private and small business customers, multinational groups, financial service providers, and institutional clients worldwide. It operates through two segments, Private and Small-Business Customers, and Corporate Clients. The company offers accounts, commercial payments, payment enabling, clearing and custody, and other services; trade services, including documentary collection, letters of credit, guarantees, trade facilitation, supply chain financing, buyer's credit, and forfaiting services; and bilateral loans, club deals, Schuldschein instruments, syndicated loans, bonds, private placements, other debt instruments, and Islamic financing services. It also provides money market, and commodities and precious metals products; interest, currency, and liquidity management services, as well as wealth management services. The company operates approximately 790 branches. Commerzbank AG was founded in 1870 and is headquartered in Frankfurt am Main, Germany.

Corporate Governance

Commerzbank AG’s ISS Governance QualityScore as of October 1, 2022 is 3. The pillar scores are Audit: 10; Board: 2; Shareholder Rights: 1; Compensation: 1.

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.