Hexagon Composites ASA (HXGCF)

1.4500 -0.2200 (-13.17%) At close: 10:08AM EDT

Hexagon Composites ASA

Korsegata 4B
Ålesund 6002
Norway
47 70 30 44 50
https://www.hexagongroup.com

Sector(s): Consumer Cyclical
Industry: Packaging & Containers
Full Time Employees: 1,149

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Jon Erik Engeset	Chief Executive Officer	513.26k	N/A	N/A
Mr. David Bandele	Chief Financial Officer	325.57k	N/A	1971
Mr. Hans Peter Havdal M.Sc.	Group Chief Operating Officer	28.31k	N/A	1964
Ms. Karen Romer	Senior Vice President of Communications	229.64k	N/A	1963
Mr. Skjalg Sylte Stavheim	President of Hexagon Ragasco	337.32k	N/A	N/A
Mr. Rick Rashilla	Senior Vice President of Sustainability	338.95k	N/A	N/A
Mr. Morten Holum	CEO & President of Hexagon Purus	441.81k	N/A	N/A
Mr. George Siedlecki	Acting President Digital Wave	412.86k	N/A	N/A
Mr. Gunnar Engkrog	Head of Group Accounting	N/A	N/A	N/A
Ingrid Aarsnes	Vice President of Investor Relations & ESG	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 USD.

Description

Hexagon Composites ASA, together with its subsidiaries, engages in the manufacture and sale of composite pressure cylinders and fuel systems for alternative fuels worldwide. The company operates through Hexagon Agility, Hexagon Ragasco, and Hexagon Digital Wave segments. The Hexagon Agility segment provides clean fuel solutions for commercial vehicles, passenger vehicles, and gaseous energy transportation; and gas distribution solutions. The Hexagon Ragasco segment manufacturers composite liquefied petroleum gas (LPG) cylinders for leisure, household, and industrial applications. The Hexagon Digital Wave segment offers cylinder testing and monitoring technology solutions that reduce cylinder and system down-time and inspection costs while improving inspection accuracy. Hexagon Composites ASA was founded in 1985 and is headquartered in Ålesund, Norway.

Corporate Governance

Hexagon Composites ASA’s ISS Governance QualityScore as of May 1, 2024 is 7. The pillar scores are Audit: 10; Board: 5; Shareholder Rights: 1; Compensation: 9.

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.