Commerzbank AG (CBKD.XC)

16.53 +0.36 (+2.24%) At close: 04:03PM BST

Commerzbank AG

Kaiserplatz
Frankfurt am Main 60311
Germany
49 69 136 20
https://www.commerzbank.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 38,708

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Manfred Knof	Chairman of the Board of MD & CEO	3.65M	N/A	1966
Dr. Bettina Orlopp	CFO, Head of Tax, IR, Treasury & Deputy Chairwoman of the Board of MD	2.18M	N/A	1970
Mr. Michael Harald Kotzbauer	Deputy Chief Executive Officer, Head of Corporate Clients Business & Member of the Board of MD	1.84M	N/A	1969
Magistrate Thomas Schaufler CEFA	Member of the Board of Managing Director - Small-Business Customers	1.53M	N/A	1970
Ms. Sabine Mlnarsky-Bstandig	Chief Human Resources Officer, Labour Relations Director & Member of Board MD	1.38M	N/A	1975
Magistrate Bernhard Spalt	Chief Risk Officer & Member of the Board of MD	N/A	N/A	1968
Ms. Christiane Vorspel	COO & Member of Board of Managing Directors	N/A	N/A	N/A
Mr. Christoph Wortig	Head of Investor Relations	N/A	N/A	N/A
Silvana Herold	Head of Corporate Communications	N/A	N/A	N/A
Mr. Peter Born	Chief Representative	N/A	N/A	N/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

Commerzbank AG provides banking and capital market products and services to private and small business customers, corporate, financial service providers, and institutional clients in Germany, rest of Europe, the Americas, Asia, and internationally. It operates through two segments, Private and Small-Business Customers, and Corporate Clients. The company offers saving, checking, business, and current accounts; term deposits; pension; credit and debit cards; payment solutions; overdraft services; various loans; and insurance products. It also provides trade securities; treasury management; corporate financing; real estate financing; financing advisory; merger and acquisition; foreign trade; trade financing; asset and risk management; and online banking, as well as wealth management services. Commerzbank AG was founded in 1870 and is headquartered in Frankfurt am Main, Germany.

Corporate governance

Commerzbank AG’s ISS governance QualityScore as of 1 October 2024 is 3. The pillar scores are Audit: 10; Board: 3; Shareholder rights: 1; Compensation: 1.

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.