LXS.F - LANXESS Aktiengesellschaft

Frankfurt - Frankfurt Delayed Price. Currency in EUR

LANXESS Aktiengesellschaft

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

SectorBasic Materials
IndustrySpecialty Chemicals
Full Time Employees15,403

Key Executives

NameTitlePayExercisedYear Born
Mr. Matthias ZachertChairman of Management & CEO4.21MN/A1967
Mr. Michael PontzenCFO & Member of the Board of Management1.61MN/A1969
Dr. Rainier van RoesselLabor Relations Director & Member of the Board of Management1.51MN/A1957
Dr. Hubert FinkMember of the Board of Management1.46MN/A1962
Mr. Anno BorkowskyHead of Rhein Chemie Additives Bus. Unit & Member of the Board of ManagementN/AN/A1959
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

LANXESS Aktiengesellschaft, a specialty chemicals company, develops, manufactures, and markets chemical intermediates, specialty chemicals, and plastics worldwide. It operates in four segments: Advanced Intermediates, Specialty Additives, Performance Chemicals, and Engineering Materials. The Advanced Intermediates segment offers high-grade intermediates for the agrochemical and coating industries; fine chemicals as precursors and intermediates for the pharmaceutical, agrochemical, and specialty chemical industries; customer-specific specialties; organometallics; and tire chemicals. The Specialty Additives segment provides additives, including lubricants, flame retardants, plasticizers, and bromine derivatives for various applications for rubber, plastic, and paint industries. The Performance Chemicals segment offers material protection products; and inorganic pigments for the coloring of concrete, and emulsion paint and other coatings. It also offers finishing agents for the leather industry; and reverse osmosis membranes and ion exchange resins for water treatment, as well as disinfectant and hygiene solutions. 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, and 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 July 29, 2019 is 3. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 1; Compensation: 5.

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.