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Ceconomy AG (MEO.DE)


XETRA - XETRA Delayed Price. Currency in EUR
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29.1850.000 (0.000%)
At close: 5:35PM CEST

Ceconomy AG

Metro-Strasse 1
Düsseldorf 40235
Germany
49 211 6886 1051
http://www.metrogroup.de

SectorServices
IndustrySpecialty Retail, Other
Full Time Employees195,069

Key Executives

NameTitlePayExercisedAge
Mr. Olaf G. KochChairman of the Management Board2.61MN/A47
Mr. Mark FreseChief Financial Officer and Member of the Management Board2.01MN/A53
Mr. Heiko HutmacherChief HR Officer and Member of the Management Board1.98MN/A60
Mr. Pieter August HaasMember of the Management Board2.08MN/A54
Mr. Pieter C. BooneMember of The Management Board1.59MN/A50
Amounts are as of December 31, 2016 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

METRO AG operates as a retailing company worldwide. It operates through METRO Cash & Carry, Media-Saturn, and Real segments. The company operates self-service wholesale stores under the METRO and MAKRO brands that provide various products and services to commercial customers, including hotels, restaurants and catering firms, independent resellers, and service companies and offices. It also offers various food products and non-food assortments through hypermarkets under the Real brand; and engages in the real estate and advertising businesses. In addition, the company provides a range of professional services, including repair, delivery, installation, warranty extension, and financing services. As of September 30, 2016, it operated 752 METRO Cash & Carry stores; 1,023 consumer electronics stores; and 285 hypermarkets. The company is headquartered in Düsseldorf, Germany.

Corporate Governance

Ceconomy AG’s ISS Governance QualityScore as of July 1, 2017 is 5. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 9; Compensation: 8.

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.