Red Eléctrica Corporación, S.A. (RED.MC)

16.20 +0.15 (+0.93%) At close: 05:35PM CEST

Red Eléctrica Corporación, S.A.

Paseo del Conde de los Gaitanes, 177
Alcobendas 28109
Spain
34 916 50 85 00
https://www.ree.es

Sector(s): Utilities
Industry: Utilities—Regulated Electric
Full Time Employees: 2,401

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Roberto García Merino	CEO & Exec. Director	890k	N/A	N/A
Mr. Emilio Cerezo Diez	Chief Financial Officer	N/A	N/A	N/A
Ms. Concepcion Maria Sanchez Perez	Gen. Mang. of Operations	N/A	N/A	N/A
Ms. Silvia Maria Bruno de la Cruz	Chief Innovation & Technology Officer	N/A	N/A	N/A
Irene Gómez Barrio	Head of Investor Relations	N/A	N/A	N/A
Mr. Carlos Mendez-Trelles Garcia	Gen. Counsel & Non-Director Sec. of the Board	N/A	N/A	N/A
Ms. Miryam Aguilar Munoz	Corp. Director of External Relations, Communication & Territory	N/A	N/A	N/A
Carlos Puente Perez	Mang. of Corp. Devel. Area	N/A	N/A	N/A
María Resurrección Barrio Martín	Mang. of Corp. Culture & People Management Area	N/A	N/A	N/A
Ms. Eva Pagan Diaz	Corp. Director of Sustainability & Research	N/A	N/A	N/A

Amounts are as of December 31, 2022 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

Red Eléctrica Corporación, S.A. engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. Its transmission network comprises approximately 45,019 kilometers; and has 94,221 MVA of transformation capacity. The company also provides advisory, engineering, and construction services; and telecommunications, financing, reinsurance, line and substation maintenance, technical consultancy, and satellite telecommunications services. In addition, it manages and constructs energy storage facilities and the water cycle; acquires, holds, manages, and administers equity securities; operates satellite communications system and renders space segment services for the geostationary orbital slots; and sells and leases satellites and spatial capacity. The company was incorporated in 1985 and is based in Alcobendas, Spain.

Corporate Governance

Red Eléctrica Corporación, S.A.’s ISS Governance QualityScore as of March 30, 2023 is 5. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 9; Compensation: 4.

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.