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Mayr-Melnhof Karton AG (MNHFF)

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126.020.00 (0.00%)
At close: 12:59PM EDT

Mayr-Melnhof Karton AG

Brahmsplatz 6
Vienna 1040
Austria
43 1 50 136 0
https://www.mm.group

Sector(s)Consumer Cyclical
IndustryPackaging & Containers
Full-time employees14,865

Key executives

NameTitlePayExercisedYear born
Mr. Peter Josef OswaldCEO & Chairman of the Management Board4.19MN/A1962
Magistrate Franz J. HiesingerCFO & Member of the Management Board1.19MN/A1965
Mr. Stephan Sweerts-SporckHead of Investor Relations & Corporate CommunicationsN/AN/AN/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 USD.

Description

Mayr-Melnhof Karton AG manufactures and sells cartonboard and folding cartons in Germany, Austria, and internationally. It operates through two segments, MM Board & Paper and MM Packaging. The MM Board & Paper segment manufactures and markets various grades of cartonboard products, such as coated cartonboard produced from recycling fibers; and virgin fiber based cartonboard, as well as offers kraft papers and uncoated fine papers. This segment primarily serves printing businesses in the fragmented folding carton industry. The MM Packaging segment processes cartonboard into folding cartons primarily for food industry, as well as for other consumer goods industries. This segment also provides leaflets and labels. Mayr-Melnhof Karton AG was founded in 1950 and is based in Vienna, Austria.

Corporate governance

Mayr-Melnhof Karton AG’s ISS governance QualityScore as of 1 May 2024 is 8. The pillar scores are Audit: 5; Board: 6; Shareholder rights: 6; Compensation: 10.

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.