RCZ.F - Recticel SA/NV

Frankfurt - Frankfurt Delayed Price. Currency in EUR

Recticel SA/NV

Avenue des Olympiades, 2
BruSels 1140
Belgium
32 2 775 18 11
http://www.recticel.com

SectorBasic Materials
IndustryChemicals
Full Time Employees8,472

Key Executives

NameTitlePayExercisedYear Born
Mr. Olivier Chapelle BVBACEO, MD, Group GM of Bedding & Exec. Director1.71MN/A1964
Mr. Jean-Pierre MellenChief Financial OfficerN/AN/AN/A
Ms. Betty BogaertChief Information & Digitalisation OfficerN/AN/AN/A
Mr. Michel De SmedtCommunications & Investor Relations OfficerN/AN/AN/A
Mr. Dirk VerbruggenGen. Counsel, Gen. Sec. & Compliance OfficerN/AN/AN/A
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

Recticel SA/NV manufactures and markets polyurethane foams for the flexible foams, bedding, insulation, and automotive applications. The company operates through four segments: Flexible Foams, Bedding, Insulation, and Automotive. The Flexible Foams segment offers semi-finished products in flexible polyurethane foams. This segment also provides comfort foams; and technical foams that are used in various applications, such as sealing and silencing in passenger cars and industrial equipment, sponges, scouring pads, filters, paint rollers, and packaging. The Bedding segment provides fully finished mattresses, slats and bed bases, and beds, as well as produces sleep systems under the Beka, Lattoflex, Literie Bultex, Schlaraffia, Sembella, Superba, Swissflex, and GELTEX inside names. The Insulation segment offers sustainable thermal insulation products used in construction projects and building renovations under the Eurowall, Powerroof, Powerdeck, Powerwall, Xentro, and Recticel Insulation brand names. The Automotive segment provides instrument panels and door panels, and surface modules with integrated lower parts and seamless surfaces, as well as lightweight 3D components for door panels, armrests, interior trims, cabriolet top covers, load floors, rear shelves, and wheel arch panelling. This segment also offers molded comfort foam pads for car seats, and trim parts and expanded polypropylene parts under the Colo-Fast and Colo-Sense Lite brands. It operates in Belgium, France, Germany, the United Kingdom, and other European Union countries. Recticel SA/NV was founded in 1896 and is headquartered in Brussels, Belgium.

Corporate Governance

Recticel SA/NV’s ISS Governance QualityScore as of July 29, 2019 is 1. The pillar scores are Audit: 2; Board: 1; Shareholder Rights: 3; 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.