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LANXESS Aktiengesellschaft (LXS.DE)

XETRA - XETRA Delayed price. Currency in EUR
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23.01+0.21 (+0.92%)
At close: 05:35PM CEST

LANXESS Aktiengesellschaft

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

Sector(s)Basic Materials
IndustrySpecialty Chemicals
Full-time employees12,621

Key executives

NameTitlePayExercisedYear born
Mr. Matthias ZachertCEO & Chairman of the Board of Management4.02MN/A1967
Dr. Hubert FinkMember of the Board of Management1.68MN/A1962
Mr. Oliver StratmannCFO & Member of the Management BoardN/AN/A1972
Ms. Frederique van BaarleHead of the High Performance Materials Business Unit & Member of Board of ManagementN/AN/A1971
Ms. Katja BorghausHead of Human ResourcesN/AN/A1970
Mr. Marcel BeermannHead of Procurement & Logistics Group FunctionN/AN/A1973
Mr. Jorge Alberto NogueiraHead of Tire & Speciality Rubbers Business UnitN/AN/A1951
Mr. Wolfgang SchmitzManaging Director of Saltigo GmbhN/AN/AN/A
Dr. Michael SchaeferHead of Material Protection Products Business UnitN/AN/AN/A
Stephan SpiegelhauerHead of the Global Competence Center Paints & Coatings - Inorganic Pigments Business UnitN/AN/AN/A
Amounts are as of 31 December 2022, 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 EUR.

Description

LANXESS Aktiengesellschaft, together with its subsidiaries, operates as a specialty chemicals company that engages in the development, manufacture, and marketing of chemical intermediates, additives, specialty chemicals, and consumer protection products worldwide. It operates through three segments: Consumer Protection, Specialty Additives, and Advanced Intermediates. The Consumer Protection segment provides material protection products; disinfectant, hygiene, and preservative solutions; flavors and fragrances; liquid purification technologies for the treatment of water and other liquids; and precursors and intermediates for the agrochemicals, pharmaceuticals, and specialty chemicals industries. The Specialty Additives segment offers additives, lubricants, flame retardants, plasticizers, and bromine derivatives for a variety of applications in for the rubber, plastic and paint, electrical/electronics, and construction industries. The Advanced Intermediates segment provides basic and fine chemicals, organometallics, and inorganic pigments for the coloring of construction materials as well as paints and coatings. The segment serves agrochemical, automotive, construction, aromas and flavors, semiconductors and photovoltaic, and color pigments industries. LANXESS Aktiengesellschaft was founded in 1863 and is headquartered in Cologne, Germany.

Corporate governance

LANXESS Aktiengesellschaft’s ISS governance QualityScore as of 1 July 2024 is 3. The pillar scores are Audit: 1; Board: 5; Shareholder rights: 1; Compensation: 3.

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.