Mercedes-Benz Group AG (MBG.DE)

57.32 +0.60 (+1.06%) At close: 05:35PM CEST

Mercedes-Benz Group AG

Mercedesstrasse 120
Stuttgart 70372
Germany
49 7 11 17 0
https://group.mercedes-benz.com

Sector(s): Consumer Cyclical
Industry: Auto Manufacturers
Full-time employees: 166,056

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Ola Kallenius	Chairman of the Management Board & CEO	4.13M	N/A	1969
Mr. Harald Wilhelm	Head of Finance & Controlling and Member of the Management Board	2.71M	N/A	1966
Ms. Renata Jungo Brungger	Head of Integrity, Governance & Sustainability and Member of Management Board	2.1M	N/A	1961
Mr. Hubertus Troska	Head of Greater China & Member of Management Board	2.13M	N/A	1960
Mr. Markus Schafer	CTO, Development & Purchasing and Member of Management Board	2.2M	N/A	1965
Ms. Britta Seeger	Head of Marketing & Sales and Member of Management Board	2.13M	N/A	1969
Dr. Jorg Burzer	Head of Production, Quality & Supply Chain Management and Member of the Management Board	2.46M	N/A	1970
Ms. Sabine Kohleisen	Director of Human Relations & Labor Relations and Member of Management Board	2.61M	N/A	1964
Mr. Steffen Alexander Hoffmann	Head of Investor Relations & Treasury	N/A	N/A	1970
Mr. Tobias Just	Head of Corporate Communications	N/A	N/A	N/A

Amounts are as of 31 December 2023, 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

Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility segments. The company develops, manufactures, and sells cars and vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, G-Class brands, as well as related spare parts and accessories. It also provides financing, leasing, car subscription and rental, fleet management, insurance brokerage, and mobility services, as well as digital services for charging and payment. 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 October 2024 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder rights: 1; Compensation: 2.

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.