Mercedes-Benz Group AG (DMLRY)

14.99 -0.28 (-1.87%) At close: 03:58PM EDT

Mercedes-Benz Group AG

Mercedesstrasse 120
Stuttgart 70372
Germany
49 711 170
https://group.mercedes-benz.com

Sector(s): Consumer Cyclical
Industry: Auto Manufacturers
Full-time employees: 172,425

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Ola Kallenius	Chairman of the Management Board & CEO	3.25M	N/A	1969
Mr. Harald Wilhelm	CFO & Member of the Management Board	1.69M	N/A	1966
Ms. Renata Jungo Brungger	Head of Integrity & Legal Affairs and Member of Management Board	1.67M	N/A	1961
Mr. Hubertus Troska	Head of Greater China & Member of Management Board	2.33M	N/A	1960
Mr. Markus Schafer	CTO of Devel. and Purchasing & Member of Management Board	1.66M	N/A	1965
Ms. Britta Seeger	Head of Mercedes-Benz Cars Marketing & Sales and Member of Management Board	1.66M	N/A	1969
Dr. Jorg Burzer	Member of the Management Board & Head of Production and Supply Chain Management	905.24k	N/A	1970
Ms. Sabine Kohleisen	Director of HR & Labor Relations and Member of Management Board	906.28k	N/A	1964
Mr. Steffen Hoffmann	Head of Investor Relations & Treasury	N/A	N/A	1970
Dr. Thomas Laubert	Head of Legal Department	N/A	N/A	1973

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. The company develops, manufactures, and sells passenger cars comprising premium and luxury vehicles of the Mercedes-Benz brand, including the Mercedes-AMG, G-Class, Mercedes-Maybach, and Mercedes-EQ brands, as well as small cars under the smart brand; ecosystem of Mercedes-Benz under the Mercedes me brand; and vans under the Mercedes-Benz and Freightliner brands, as well as related spare parts and accessories. It also provides financing and leasing packages for end-customers and dealers; automotive insurance brokerage and banking services; car subscription and car rental, and fleet management, as well as digital services for charging and payment; and mobility services. The company was formerly known as Daimler AG and changed its name to Mercedes-Benz Group AG in February 2022. Mercedes-Benz Group AG was founded in 1886 and is headquartered in Stuttgart, Germany.

Corporate governance

Mercedes-Benz Group AG’s ISS governance QualityScore as of 1 June 2022 is 5. The pillar scores are Audit: 10; Board: 4; Shareholder rights: 1; 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 10 indicates higher governance risk.