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LANXESS Aktiengesellschaft (LXS.DE)

XETRA - XETRA Delayed Price. Currency in EUR
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30.24-0.22 (-0.72%)
At close: 05:40PM CEST
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LANXESS Aktiengesellschaft

Kennedyplatz 1
Cologne 50569
Germany
49 221 8885 0
https://lanxess.com

Sector(s)Basic Materials
IndustrySpecialty Chemicals
Full Time Employees12,950

Key Executives

NameTitlePayExercisedYear Born
Mr. Matthias ZachertCEO & Chairman of Management5.03MN/A1967
Mr. Michael PontzenCFO & Member of the Board of Management1.95MN/A1969
Dr. Hubert FinkMember of the Board of Management1.97MN/A1962
Dr. Anno BorkowskyHead of Rhein Chemie Additives Bus. Unit & Member of the Board of Management1.64MN/A1959
Mr. André SimonHead of Investor RelationsN/AN/AN/A
Ms. Katja BorghausHead of HRN/AN/A1970
Mr. Luis Lopez-RemonHead of Leather Bus. UnitN/AN/AN/A
Mr. Marcel BeermannHead of Procurement & Logistics Group FunctionN/AN/A1973
Mr. Jorge Alberto NogueiraHead of Tire & Speciality Rubbers Bus. UnitN/AN/A1951
Dr. Michael ZobelHead of High Performance Materials Bus. UnitN/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 EUR.

Description

LANXESS Aktiengesellschaft, a specialty chemicals company, develops, manufactures, and markets chemical intermediates, additives, specialty chemicals, and plastics worldwide. It operates through four segments: Advanced Intermediates, Specialty Additives, Consumer Protection, and Engineering Materials. The Advanced Intermediates segment provides advanced industrial intermediates, basic and fine chemicals, organometallics, and inorganic pigments for the agrochemical, automotive, construction, aromas and flavors, semiconductors and photovoltaic, and color pigments industries. The Specialty Additives segment offers additives, including lubricants, flame retardants, plasticizers, and bromine derivatives for various applications of rubber, plastic, paint, construction, and electrical industries. The Consumer Protection segment provides material protection products; disinfectant, hygiene, and preservative solutions; flavors and fragrances; and precursors and intermediates for the agrochemicals, pharmaceuticals, and specialty chemicals industries, as well as technologies for the treatment of water and other liquids. The Engineering Materials segment produces technical plastics, glass fibers, fiber composites, and elastomers on a urethane basis for application in the automotive and electrical/electronics, construction, and medicine industries, as well as sports and leisure sectors. The company was founded in 1863 and is headquartered in Cologne, Germany.

Corporate Governance

LANXESS Aktiengesellschaft’s ISS Governance QualityScore as of September 1, 2022 is 1. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 1; 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.
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