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LANXESS Aktiengesellschaft (LXS.SW)

Swiss - Swiss Delayed Price. Currency in USD
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56.200.00 (0.00%)
At close: 04:30PM CET

LANXESS Aktiengesellschaft

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

Sector(s)
Industry
Full Time Employees12,993

Key Executives

NameTitlePayExercisedYear Born
Mr. Matthias ZachertCEO & Chairman of the Board of Management3.83MN/A1967
Dr. Hubert FinkMember of the Board of Management1.6MN/A1962
Dr. Anno BorkowskyMember of the Board of Management1.33MN/A1959
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
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 .

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 plastics worldwide. It operates through three segments: Consumer Protection, Specialty Additives, and Advanced Intermediates. The Consumer Protection segment provides material protection products, including antimicrobial active ingredients and formulations; disinfectant, hygiene, and preservative solutions; flavors and fragrances; and precursors and intermediates for the agrochemicals, pharmaceuticals, and specialty chemicals industries, as well as technologies for the treatment of water and other liquids. The Specialty Additives segment offers lubricants, polymer and lubricant additives, colorants, phosphorous-based or brominated flame retardants, plasticizers, and bromine derivatives for various applications of rubber, plastic, paint, construction, and electrical 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. The company was founded in 1863 and is headquartered in Cologne, Germany.

Corporate Governance

LANXESS Aktiengesellschaft’s ISS Governance QualityScore as of November 28, 2023 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 1; Compensation: 4.

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.