At today’s regular meeting of Wacker Chemie AG’s supervisory board, important decisions were made to ensure the continuity of the leadership of the company. Dr. Karl Heinz Weiss, Chairman of the Supervisory Board, who will reach the age limit for supervisory board members will no longer be available after the next upcoming Annual General Meeting on May 8th, 2008. At the same time Dr. Peter-Alexander Wacker will step down from his function as President and Chief Executive Officer of Wacker Chemie AG and will run for the position of the Chairman of the Supervisory Board. The Supervisory Board welcomes the decisions and sees the long term strategic direction of the company assured.
Dr. Rudolf Staudigl will be successor to Peter-Alexander Wacker as President and Chief Executive Officer of Wacker Chemie AG. He is a member of WACKER‘s Management Board since 1995. During today’s session, the Supervisory Board prolonged Staudigl’s contract for another 5 years. Staudigl will assume the role of President & CEO after the next Annual General Meeting.
Dr. Karl Heinz Weiss will continue to serve as the Speaker of the Board for WACKER’s majority shareholder, Dr. Alexander Wacker Familiengesellschaft mbH.