For over six years, Dr. Peter-Alexander Wacker has charted the WACKER Group’s course. Over this period, his responsibilies included restructuring the Group’s portfolio and overseeing its successful IPO in 2006.
Dr. Wacker will announce his intention to step down as CEO at Wacker Chemie AG’s Annual Shareholder Meeting on May 8, 2008. At the same time, he will run for the Supervisory Board.
“Peter-Alexander Wacker opened a new chapter in the company’s 90-year history. He was instrumental in driving the strategic realignment of WACKER, the reorganization of its ownership structure, and the successful IPO. His valuable experience will continue to benefit the company through the Supervisory Board,” says its current chairman, Karl Heinz Weiss, who due to age reasons, must step down.
Dr. Wacker’s successor is Rudolf Staudigl, an Executive Board member since 1995. He has a Ph.D. in chemistry
“Wacker Chemie AG is excellently positioned and enjoys promising growth potential. Under my leadership, the company will continue the successful strategic course set by Dr. Wacker,” states the designated CEO. “I have worked closely with Rudolf Staudigl for over ten years in a spirit of mutual trust,” stresses Dr. Peter-Alexander Wacker. “He’s played a key role in shaping the company’s realignment.”
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From left: Dr. Karl Heinz Weiss and Dr. Peter-Alexander Wacker
Dr. Wacker added that Wacker Chemie AG owed a great deal to Dr. Karl Heinz Weiss, who has served on the Supervisory Board for 36 years, 20 of them as chairman. Dr. Weiss will remain spokesman for the Executive Board of Dr. Alexander Wacker Familiengesellschaft mbH.
Dr. Rudolf Staudigl
Dr. Rudolf Staudigl (53) studied chemistry at the Ludwig-Maximilians University in Munich and obtained a doctorate (Dr. rer. nat.) in chemistry in 1981. After accepting research posts at Harvard University in Cambridge (Massachusetts, USA) and then Ludwig-Maximilians University, he joined Wacker Siltronic AG in 1983. He became vice president of Operations at Wacker Siltronic Corporation in Portland (Oregon, USA) in 1989, and president a year later. Dr. Staudigl joined Wacker Siltronic AG’s Executive Board in 1993. In 1995, he was appointed to Wacker-Chemie GmbH’s Executive Board. Since November 2005, Rudolf Staudigl has been an Executive Board member of Wacker Chemie AG.
Dr. Peter-Alexander Wacker
After gaining a degree in business administration and a doctorate. (Dr. rer. pol.), Peter-Alexander Wacker (56) started his career at BMW in 1978, with responsibilities such as strategic group and product planning. In 1992, he founded TMG, a technology and management consultancy firm and, in 1993, also joined the Supervisory Board of Wacker-Chemie GmbH. Dr. Peter-Alexander Wacker became a member of WACKER’s Executive Board in 1996 and its chairman in 2001. Since November 2005, he has been President & CEO of Wacker Chemie AG.