In compliance with the German Stock Corporation Act (AktG), Wacker Chemie AG has a dual management system, comprising the Executive Board and Supervisory Board. The Executive Board has four members. 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 with the capital market and shareholders).
In 2010, the Executive Board’s composition remained unchanged. There were, however, changes to members’ responsibilities. Effective October 1, 2010, Dr. Rudolf Staudigl (president and CEO), who had previously headed WACKER SILICONES, instead assumed responsibility for Siltronic, and ceded R&D and Intellectual Property to Dr. Wilhelm Sittenthaler. Dr. Sittenthaler, who had been in charge of Siltronic, assumed responsibility for WACKER SILICONES. The other Executive Board members’ responsibilities remained the same.
There were no changes to Wacker Chemie AG’s Supervisory Board in 2010.
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Executive Board Responsibilities |
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Dr. Rudolf Staudigl |
President & CEO | |
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SILTRONIC | |
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Dr. Joachim Rauhut |
WACKER POLYSILICON | |
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Dr. Wilhelm Sittenthaler |
WACKER SILICONES | |
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Auguste Willems |
WACKER POLYMERS |