Commerzbank (CBK)

About Commerzbank (CBK)

Company Description:

Commerzbank AG is a leading German bank offering a wide range of financial services. The bank primarily operates through two major segments: Private and Small-Business Customers and Corporate Clients.

Commerzbank was founded in 1870 and is headquartered in Frankfurt am Main, Germany.

Main Product(s):

The bank's main products and services include retail banking, asset management, corporate banking, and investment banking.

Short History of Commerzbank AG:

1870: Commerzbank was founded in Hamburg, Germany.

1958: Merged with Mitteldeutsche Privat-Bank AG.

1970: Established its first international branch in London.

2009: Acquired Dresdner Bank, significantly expanding its network.

2013: Implemented a strategic refocus on its core businesses.

2020: Announced a comprehensive restructuring program to enhance digitalization and efficiency.

Key Executives:

Name Title Pay Exercised Year Born
Dr. Manfred Knof Chairman of the Board of MD & CEO 3.01M N/A 1966
Dr. Bettina Orlopp CFO, Head of Tax, IR, Treasury & Deputy Chairwoman of the Board of MD 1.77M N/A 1970
Dr. Marcus Chromik Chief Compliance Officer, Chief Risk Officer & Member of the Board of MD 1.55M N/A 1972
Mr. Michael Kotzbauer Head of Corporate Clients Business & Member of the Board of MD 1.63M N/A 1969
Magistrate Thomas Schaufler CEFA Member of the Board of Managing Director - Small-Business Customers 1.41M N/A 1970
Dr. Jorg Oliveri del Castillo-Schulz COO & Member of the Board of MD 1.44M N/A 1967
Ms. Sabine Mlnarsky-Bstandig Chief Human Resources Officer, Labour Relations Director & Member of Board MD N/A N/A 1975
Mr. Christoph Wortig Head of Investor Relations N/A N/A N/A
Mr. Sven Korndorffer Head, Corporate Communications, Public Affairs, Brand Mgmt., Communication Products & Services div. N/A N/A N/A
Mr. Peter Born Chief Representative N/A N/A N/A

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