In compliance with the German Stock Corporation Act (AktG), Wacker Chemie AG has a dual management system, comprising the Executive Board – in charge of running the company – and the Supervisory Board – which oversees the Executive Board. Wacker Chemie AG’s Executive Board consists of four members. Assisted by WACKER’s corporate departments, the Executive Board coordinates the Group’s strategies, resources, infrastructure and organization. Wacker Chemie AG is the parent company and thus determines the Group’s strategy, overall management, resource allocation, funding, and communications with key target groups, especially the capital market and shareholders.
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Executive Board Responsibilities | ||
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Dr. Rudolf Staudigl | ||
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President & CEO | |
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WACKER SILICONES | |
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Dr. Joachim Rauhut | ||
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WACKER POLYSILICON | |
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Dr. Wilhelm Sittenthaler | ||
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SILTRONIC | |
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Auguste Willems | ||
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WACKER POLYMERS | |
Following 2008’s change of Group CEO, 2009 saw no changes to the Executive Board. Its members’ responsibilities were essentially unchanged. Only regional responsibilities were slightly modified.
No Changes to Wacker Chemie AG’s Executive or Supervisory Boards
Similarly, there were no changes in 2009 to Wacker Chemie AG’s Supervisory Board, which has been headed by Dr. Peter-Alexander Wacker since the Annual Shareholders’ Meeting of May 2008. It comprises 16 members, of whom eight are employee representatives. For further details on Wacker Chemie AG’s governing bodies, Group management and supervisory structures, see:
Supervisory & Executive Boards
Compensation Report