PRESS RELEASE : Wacker Chemie AG: WACKER Supervisory Board Appoints Christian Hartel as the Company's Future CEO

 
 DGAP-News: Wacker Chemie AG / Key word(s): Personnel 
Wacker Chemie AG: WACKER Supervisory Board Appoints Christian Hartel as the 
Company's Future CEO 
 
2020-12-09 / 18:07 
The issuer is solely responsible for the content of this announcement. 
 
· CURRENT CEO RUDOLF STAUDIGL TO RETIRE AFTER THE 2021 ANNUAL 
SHAREHOLDERS' MEETING 
 
· AS OF THE SAME DATE, THE SUPERVISORY BOARD APPOINTS EXECUTIVE BOARD 
MEMBER CHRISTIAN HARTEL AS THE COMPANY'S NEW PRESIDENT & CEO 
 
· ANGELA WÖRL TO SUCCEED HARTEL AS PERSONNEL DIRECTOR ON THE 
EXECUTIVE BOARD 
 
Munich, December 9, 2020 - At its meeting today, the Supervisory Board of 
Wacker Chemie AG made key personnel decisions to ensure long-term continuity 
in the management of the Company. Rudolf Staudigl (66), President & CEO of 
the Executive Board of Wacker Chemie AG, will retire at the end of the next 
Annual Shareholders' Meeting, scheduled for May 12, 2021. The Supervisory 
Board has appointed Christian Hartel (49), an Executive Board member since 
2015, to succeed Staudigl as of the same date. Angela Wörl (53) will 
simultaneously take up Hartel's position as Personnel Director on the 
Group's Executive Board. Wörl is currently head of WACKER's Human Resources 
corporate department. Her Executive Board contract is set to run for three 
years. 
 
Peter-Alexander Wacker, Chairman of the Supervisory Board, thanked Staudigl 
for his many years of dedicated work for the Company: "Over a period of more 
than 25 years, Rudolf Staudigl has been decisive in shaping the growth and 
development of the WACKER Group, initially as an Executive Board member and 
then as President & CEO. He played an outstanding role in several key 
decisions that helped plot the Company's future course, namely WACKER's 
buyback of Hoechst AG's stake in the Company, the Group's IPO in 2006 and 
the Siltronic IPO in 2015. Crucial strategic projects such as WACKER's 
successful expansion into the growth markets of Asia and the construction of 
fully integrated production sites in China and the USA bear his signature. 
The Company has much to thank Rudolf Staudigl for, and what he has achieved 
throughout his career is worthy of our greatest recognition and respect. 
Christian Hartel, who we have appointed as our new President & CEO, has 
proven himself over almost two decades in several key positions, including 
on the Executive Board. Angela Wörl's many years of wide-ranging experience 
in the Group's Human Resources management will stand her in good stead in 
her new role as Personnel Director on the Executive Board." 
 
The designated President & CEO Christian Hartel said: "Wacker Chemie AG is 
extremely well placed and has promising growth potential. Under my 
leadership, the Company will continue on its successful strategic path." 
 
*Dr. Christian Hartel* 
Dr. Christian Hartel studied chemistry at the University of Constance. After 
earning his doctorate at the universities of Geneva and Frankfurt am Main, 
he began his professional career at management consultants Bain & Company in 
2000, moving to Corporate Development at WACKER in 2003. After various 
management positions at the WACKER BIOSOLUTIONS and WACKER SILICONES 
divisions, he became head of Raw Materials Procurement in 2010. In 2012, he 
was named President of 
WACKER SILICONES. Hartel was appointed to the Executive Board of Wacker 
Chemie AG in November 2015. 
 
*Dr. Rudolf Staudigl* 
Dr. Rudolf Staudigl studied chemistry at Ludwig-Maximilians University in 
Munich and obtained a Ph.D. (Dr. rer. nat.) in chemistry in 1981. After 
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. In 1993, Staudigl 
joined Wacker Siltronic AG's Executive Board. He has been a member of the 
WACKER Group's Executive Board since 1995 and was appointed President & CEO 
in May 2008. 
 
*Angela Wörl* 
Angela Wörl studied law at Ludwig-Maximilians University in Munich. After 
occupying various positions at courts, public authorities and legal firms in 
Germany and the USA, she joined WACKER's Legal department in 1995. In 2003, 
she assumed responsibility for international HR assignments and HR 
development at WACKER's HR corporate department. After further management 
roles in HR at the Company, Wörl left WACKER temporarily in 2011 for family 
reasons, spending almost three years in South Korea and China. She returned 
in 2014 to take over as head of the Executive Personnel corporate 
department. Wörl became head of HR in November 2015. 
 
This press release contains forward-looking statements based on assumptions 
and estimates of WACKER's Executive Board. Although we assume the 
expectations in these forward-looking statements are realistic, we cannot 
guarantee they will prove to be correct. The assumptions may harbor risks 
and uncertainties that may cause the actual figures to differ considerably 
from the forward-looking statements. Factors that may cause such 
discrepancies include, among other things, changes in the economic and 
business environment, variations in exchange and interest rates, the 
introduction of competing products, lack of acceptance for new products or 
services, and changes in corporate strategy. WACKER does not plan to update 
its forward-looking statements, nor does it assume the obligation to do so. 
 
*For further information, please contact:* 
Wacker Chemie AG 
Media Relations & Information 
Christof Bachmair 
Tel. [phone] 
[e-mail] 
 
2020-12-09 Dissemination of a Corporate News, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
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Archive at www.dgap.de 
Language:    English 
Company:     Wacker Chemie AG 
             Hanns-Seidel-Platz 4 
             81737 München 
             Germany 
Phone:       [phone] 
Fax:         [phone] 
E-mail:      [e-mail] 
Internet:    www.wacker.com 
ISIN:        DE000WCH8881 
WKN:         WCH888 
Indices:     MDAX 
Listed:      Regulated Market in Frankfurt (Prime Standard); Regulated 
             Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, 
             Munich, Stuttgart, Tradegate Exchange 
EQS News ID: 1153980 
 
End of News DGAP News Service 
 
1153980 2020-12-09 
 
 

(END) Dow Jones Newswires

December 09, 2020 12:07 ET (17:07 GMT)