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MTU Aero Engines AG (MTX.F)

Frankfurt - Frankfurt Delayed price. Currency in EUR
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251.30+4.90 (+1.99%)
At close: 05:38PM CEST

MTU Aero Engines AG

Dachauer Strasse 665
Munich 80995
Germany
49 89 1489 0
https://www.mtu.de

Sector(s)Industrials
IndustryAerospace & Defense
Full-time employees12,170

Key executives

NameTitlePayExercisedYear born
Mr. Lars WagnerCEO, Chief Sustainability Officer & Member of Executive Board1.93MN/A1975
Mr. Peter KameritschCFO, Chief Information Officer & Member of the Executive Board1.04MN/A1969
Mr. Michael SchreyoggChief Program Officer & Member of the Executive Board1.06MN/A1966
Dr. Silke MaurerCOO & Member of Executive Board1.19MN/A1972
Mr. Thomas FranzVice President of Investor RelationsN/AN/AN/A
Marc SauberSenior Vice President of Corporate Communication & Public AffairsN/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 EUR.

Description

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business). The company offers commercial aircraft engines for wide body jets, narrow body and regional jets, business jets, and turboprops; military aircraft engines for fighter jets, helicopters, and transporters; and industrial gas turbines. It also maintains, repairs, and overhauls commercial and military engines; and manufactures and markets various spare parts. The company was formerly known as MTU Aero Engines Holding AG and changed its name to MTU Aero Engines AG in May 2013. MTU Aero Engines AG was founded in 1913 and is headquartered in Munich, Germany.

Corporate governance

MTU Aero Engines AG’s ISS governance QualityScore as of 1 July 2024 is 7. The pillar scores are Audit: 10; Board: 3; 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 10 indicates higher governance risk.