Management and Supervision

In compliance with the German Stock Corporation Act (AktG), Wacker Chemie AG has a two-tier 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).

Executive Board Responsibilities

 

Dr. Rudolf Staudigl

  

President & CEO
 

WACKER POLYSILICON
Executive Personnel, Corporate Development, Corporate Communications, Investor Relations, Corporate Auditing, Legal, Compliance

Dr. Tobias Ohler

  

WACKER POLYMERS
Human Resources (Personnel Director), Technical Procurement & Logistics, Raw Materials Procurement
Region: Asia

Dr. Joachim Rauhut

  

SILTRONIC
Corporate Accounting and Tax, Corporate Controlling, Corporate Finance and Insurance, Corporate Engineering, Information Technology
Region: The Americas

Auguste Willems

  

WACKER SILICONES WACKER BIOSOLUTIONS
Sales & Distribution, Corporate Research & Development, Intellectual Property, Site Management, Corporate Security, Environment / Health / Safety, Product Stewardship
Regions: Europe, Middle East

Executive Board and Supervisory Board in Fiscal 2014

There were no changes in the Executive Board and Supervisory Board in 2014.

Dr. Bernd W. Voss, a Supervisory Board member, stepped down effective December 31, 2014. He was succeeded by Dr. Andreas Biagosch, who was appointed to the Supervisory Board by court order effective January 26, 2015.

Declaration on Corporate Management

Submitted as per Section 289a of the German Commercial Code (HGB), the declaration on corporate management is included in the corporate governance report. This declaration is also part of the combined management report and is available online. It contains the Executive and Supervisory Boards’ work procedures, the declaration of conformity pursuant to Section 161 of the German Stock Corporation Act (AktG), and information on key corporate management practices. www.wacker.com/corporate-governance

Executive and Supervisory Board Compensation

Executive Board compensation contains both fixed and variable components. The main features of the compensation system for the Executive Board and Supervisory Board are described in the compensation report contained in the corporate governance report. The compensation report is also part of the combined management report.