Description

Leoni AG is a prominent German company specializing in the development and manufacturing of wiring systems and cables. Headquartered in Nuremberg, Germany, Leoni AG operates globally and is listed on the Frankfurt Stock Exchange

Key Details:

  • Founded: 1917
  • CEO: Klaus Rinnerberger
  • Revenue: €5,119 million (2021)
  • Employees: Over 101,000 (as of December 2021)
  • Products: Power, instrumentation, telecommunications cables, cable harnesses.

Recent Developments

Leoni AG continues to focus on sustainability and innovation. They have launched initiatives to reduce the CO2 footprint of their products and introduced a 100% circular product line called LIMEVERSE.

Additionally, they have expanded their product portfolio with LEONI EcoSense® Nxt and Nxt+, reinforcing their commitment to environmentally friendly solutions.

Strategic Moves

Leoni has strengthened its partnership with LUXSHARE, which is expected to boost their competitiveness. The company has also opened a new factory in Agadir, Morocco, investing approximately $21 million and creating over 3,000 jobs by 2027.

This facility emphasizes digitalization, efficiency, and sustainability, aligning with Morocco’s national sustainability goals.

Additionally, Leoni AG has undergone financial restructuring, significantly reducing its debt and securing fresh liquidity for future operations.

The restructuring plan includes a capital reduction to zero euros, followed by a €150 million cash capital increase, making Stefan Pierer’s company the sole shareholder of Leoni A

The company specializes in wires, optical fibers, cables, cable systems, and related services

Leoni operates through two main divisions:

  • Wiring Systems Division: Develops and produces cable harnesses, complete wiring systems, and related components for the global automotive industry.
  • Wire & Cable Solutions Division: Focuses on standard and special cables, hybrid and optical cables, and complete cable systems for various industrial applications.

The company supports its customers as an innovation partner and solution provider, helping develop sustainable and connected mobility concepts.

Leoni AG is listed on the Xetra stock exchange under the ticker symbol LEO.

Friedrich Roithner:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Franz SpieĂź:
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GĂĽnther Apfalter:
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Josef Blazicek:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Mark Dischner:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Michaela FriepeĂź:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Caroline Geist:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Martin Hering:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Sina Maier:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Anton Ostrizkji:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Rudolf Wiesbeck:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Klaus Wolff:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No

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5 Benchmark > 4 Excellent > 3  Good > 2 Caution > 1 Risk

 

 

 

Date Delisted: 31/07/2023
XETR
DE0005408884

 

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Shareholders holding 5% +


For a comprehensive list, please contact InsidEntity.

Credit Rating

NameLogoCountryHeadquartersRating
S and PCredit LogoUnited States of AmericaNew YorkCCC+

 

Countries Operations/ Offices


 

Company Directors

Name
Nationality
Age
Role
Qualification
Name

Friedrich

Executive
NationalityGermany
63
RoleChairman
QualificationBusiness Administration
Date Appointed: 01/01/2010
Duration:
16 years and 8 months
Independance: N
Name

Franz

Non Executive
NationalityGermany
69
RoleNED
QualificationNot Available
Date Appointed: 01/01/2006
Duration:
20 years and 8 months
Independance: N
Name

GĂĽnther

Non Executive
NationalityGermany
66
RoleNED
QualificationNot Available
Date Appointed: 01/01/2022
Duration:
4 years and 8 months
Independance: Y
Name

Josef

Non Executive
NationalityGermany
62
RoleNED
QualificationUndergrad in Business & Economics
Date Appointed: 01/01/2010
Duration:
16 years and 8 months
Independance: N
Name

Mark

Non Executive
NationalityGermany
52
RoleNED
QualificationNot Available
Date Appointed: 01/01/2017
Duration:
9 years and 8 months
Independance: Y
Name

Michaela

Non Executive
NationalityGermany
54
RoleNED
QualificationBCom
Date Appointed: 01/01/2010
Duration:
16 years and 8 months
Independance: N
Name

Caroline

Non Executive
NationalityGermany
36
RoleNED
QualificationNot Available
Date Appointed: 01/01/2022
Duration:
4 years and 8 months
Independance: Y
Name

Martin

Non Executive
NationalityGermany
47
RoleNED
QualificationNot Available
Date Appointed: 01/01/2021
Duration:
5 years and 8 months
Independance: Y
Name

Sina

Non Executive
NationalityGermany
28
RoleNED
QualificationNot Available
Date Appointed: 01/01/2022
Duration:
4 years and 8 months
Independance: Y
Name

Anton

Non Executive
NationalityGermany
39
RoleNED
QualificationNot Available
Date Appointed: 01/01/2010
Duration:
16 years and 8 months
Independance: N
Name

Rudolf

Non Executive
NationalityGermany
47
RoleNED
QualificationNot Available
Date Appointed: 01/01/2010
Duration:
16 years and 8 months
Independance: N
Name

Klaus

Non Executive
NationalityGermany
59
RoleNED
QualificationNot Available
Date Appointed: 26/09/2022
Duration:
3 years and 11 months
Independance: Y

 

Directors Tenure

Name
Duration
Name

Friedrich Roithner

Duration16 years and 8 months
Name

Franz SpieĂź

Duration20 years and 8 months
Name

GĂĽnther Apfalter

Duration4 years and 8 months
Name

Josef Blazicek

Duration16 years and 8 months
Name

Mark Dischner

Duration9 years and 8 months
Name

Michaela FriepeĂź

Duration16 years and 8 months
Name

Caroline Geist

Duration4 years and 8 months
Name

Martin Hering

Duration5 years and 8 months
Name

Sina Maier

Duration4 years and 8 months
Name

Anton Ostrizkji

Duration16 years and 8 months
Name

Rudolf Wiesbeck

Duration16 years and 8 months
Name

Klaus Wolff

Duration3 years and 11 months

 

Director Experience

Name
Experience
Name

Friedrich

Experience Financial Services
Name

Franz

Experience Machinery Manufacturing
Name

GĂĽnther

Experience Mining and Metals, Automobile
Name

Josef

Experience Engineering, Professional Firm
Name

Mark

Experience Machinery Manufacturing
Name

Michaela

Experience Financial Services, Banking
Name

Caroline

Experience Mining and Metals
Name

Martin

Experience Business Services
Name

Sina

Experience Machinery Manufacturing
Name

Anton

Experience Machinery Manufacturing
Name

Rudolf

Experience Engineering
Name

Klaus

Experience Automobile

 

Company Auditors

Name
Date Appointed
Years
Name

Deloitte

Date Appointed01/01/2019
Year7 years and 8 months

 

 

Company Committees

Name

Friedrich Roithner

Mainboard, Audit, Remuneration AU, IS, SE, SB
Name

Franz SpieĂź

Mainboard, Audit, Remuneration AU, IS, SE, SB
Name

GĂĽnther Apfalter

Mainboard, Audit, Remuneration SB
Name

Josef Blazicek

Mainboard, Audit, Remuneration AU, SB, OT
Name

Mark Dischner

Mainboard, Audit, Remuneration SB, OT
Name

Michaela FriepeĂź

Mainboard, Audit, Remuneration AU, SB
Name

Caroline Geist

Mainboard, Audit, Remuneration SB
Name

Martin Hering

Mainboard, Audit, Remuneration SB
Name

Sina Maier

Mainboard, Audit, Remuneration SB, OT
Name

Anton Ostrizkji

Mainboard, Audit, Remuneration SB
Name

Rudolf Wiesbeck

Mainboard, Audit, Remuneration SB
Name

Klaus Wolff

Mainboard, Audit, Remuneration SB

 

Committee
Abbreviation
Supervisory Board
SB
Board
BD
Risk & Compliance
RC
Audit
AU
Remuneration
RE
Capital investment
CI
Industry Specific
IS
Nominations & Governance
NG
Health, Safety & Environment
HS
Social & Ethics
SE
Technology
TE
Executive
EX
Other
OT