Prysmian S.p.A. (PRYMF)

54.63 -1.87 (-3.31%) At close: 03:54PM EDT

Prysmian S.p.A.

Via Chiese 6
Milan, MI 20126
Italy
39 02 64491
https://www.prysmiangroup.com

Sector(s): Industrials
Industry: Electrical Equipment & Parts
Full-time employees: 29,209

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Valerio Battista	MD, CEO & Executive Director	1.17M	N/A	1957
Mr. Pier Francesco Facchini	CFO & Executive Director	888.49k	N/A	1967
Mr. Massimo Battaini	Group COO & Executive Director	1.51M	N/A	1961
Ms. Maria Cristina Bifulco	Chief Investor Relations, Sustainability and Communication Officer	N/A	N/A	1976
Mr. Fabrizio Rutschmann	Chief Human Resources Officer	N/A	N/A	1962
Mr. Andrea Pirondini	Chief Executive Officer of North America	N/A	N/A	1965
Mr. Philippe Claude Vanhille	Executive Vice President of Telecom Business	N/A	N/A	1964
Mr. Hakan Ozmen	Executive Vice President of Projects	N/A	N/A	1970
Mr. Srinivas Siripurapu	Chief Research & Development Officer and Chief Innovation Officer	N/A	N/A	1976
Mr. Longhi Iuri	Prysmian Group Chief Strategy Officer	N/A	N/A	1979

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

Prysmian S.p.A., together with its subsidiaries, produces, distributes, and sells power and telecom cables and systems, and related accessories under the Prysmian, Draka, and General Cable brands worldwide. It operates through four segments: Renewable Transmission, Power Grid, Electrification, and Digital Solutions. The company offers low-voltage rigid and flexible cables for the distribution of power to residential, commercial, and industrial buildings; and power distribution solutions, such as medium-voltage cable systems for overhead and underground installation for connecting industrial and/or residential buildings to the primary distribution grid, as well as low-voltage cable systems for power distribution. It also provides special cables for renewables, marine, automotive, aerospace, oil and gas, nuclear, mining, military and defense, railway, and crane industries; flat lift cables for network monitoring solutions; fiber optic and copper telecom cabling solutions, and the related connectivity accessories; fiber optic and copper solutions for fixed or mobile multimedia communication, such as audio-visual content transmission, and indoor connectivity; and single-mode and multimode optical and special fibers. In addition, the company offers underground cable systems for the energy transition and powering wind farms; undersea power transmission and distribution systems; data transmission cables; harnessing and connectorization, custom engineering, maintenance and safety, components and systems, tools and hardware, wire rope compensation cables and accessories, wireway and electrical, cable and accessories, electronics and modernization, and kitting and consolidation for elevators; and rolling stocks. Prysmian S.p.A. was founded in 1879 and is headquartered in Milan, Italy.

Corporate governance

Prysmian S.p.A.’s ISS governance QualityScore as of 29 April 2024 is 5. The pillar scores are Audit: 3; Board: 2; Shareholder rights: 1; Compensation: 8.

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.