BEKSF - NV Bekaert SA

NV Bekaert SA

Bekaertstraat 2
Zwevegem 8550
Belgium
32 5 676 61 00
https://www.bekaert.com

Sector(s): Industrials
Industry: Metal Fabrication
Full-time employees: 23,379

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Oswald Schmid	CEO & Director	1.57M	N/A	1959
Mr. Taoufiq Boussaid	Chief Financial Officer	N/A	N/A	1971
Mr. Yves Kerstens	COO & Divisional CEO of Specialty Bus.es	N/A	N/A	1966
Dr. Ernst Lutz	Sr. VP & Chief Innovation and Technology Officer	N/A	N/A	1966
Gunter Van Craen	Chief Digital & Information Officer	N/A	N/A	N/A
Ms. Katelijn Bohez	Chief Communications Officer, IR Officer and VP of Sustainable Fin. & Community Relations	N/A	N/A	N/A
Mr. Philip Eyskens	Chief Legal & Compliance Officer	N/A	N/A	N/A
Ms. Kerstin Artenberg	Chief HR Officer	N/A	N/A	1972
Mr. Geert Voet	Sr. VP Steel Wire Solutions Americas	N/A	N/A	N/A
Mr. Jan Boelens	Sr. VP of Steel Wire Solutions - EMEA	N/A	N/A	N/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 USD.

Description

NV Bekaert SA engages in the provision of steel wire transformation and coating technologies worldwide. The company operates through four business units: Rubber Reinforcement, Steel Wire Solutions, Specialty Businesses, and Bridon-Bekaert Ropes Group. The Rubber Reinforcement Business unit develops, manufactures, and supplies steel tire cord and bead wire products and solutions for the tire sector. The Steel Wire Solutions Business unit is involved in the development, manufacture, and supply of various steel wire products and solutions for sectors, including energy and utilities, mining, construction, agriculture, automotive, and consumer goods. The Specialty Business unit develops and manufactures reinforce concrete, masonry, plaster, and asphalt; fiber technologies products for filtration, heat-resistant textiles, electroconductive textiles, and hydrogen electrolysis technologies, as well as the safe discharge of static energy, sensor technologies, and semiconductor applications; gas and hydrogen burners, and residential and commercial heat exchangers; and reinforcement solutions for rubber hoses and belts. The Bridon-Bekaert Ropes Group unit offers steel wire and synthetic ropes for surface and underground mining, offshore and onshore energy, crane and industrial, fishing and marine, and structures; and advanced cords (A-Cords) includes fine steel cords for elevator and timing belts used in construction and equipment markets respectively, window regulator and heating cords for the automotive sector, and Armofor thermoplastic tapes for light-weight pipes in energy markets. The company was founded in 1880 and is headquartered in Zwevegem, Belgium.

Corporate governance

NV Bekaert SA’s ISS governance QualityScore as of 1 June 2023 is 3. The pillar scores are Audit: 5; Board: 5; Shareholder rights: 4; 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 10 indicates higher governance risk.