Sittenthaler to Become President & CEO Of Siltronic
Dr. Wilhelm Sittenthaler, an Executive Board member of Wacker Chemie, is to take over again as President & CEO of Siltronic. Sittenthaler will retain his responsibilities on Wacker Chemie's Executive Board. Siltronic's and Wacker Chemie's Supervisory Boards still have to give their approval. Sittenthaler is to succeed Dr. Klaus Fuchs, who asked to be relieved of his duties for personal reasons and will be leaving the company.
Sittenthaler has gained vast experience in the semiconductor sector. From 2003 to 2008, he was in charge of Siltronic, successfully leading it through that period's global semiconductor market crisis. Dr. Rudolf Staudigl is to take over again as Siltronic's Supervisory Board Chairman additionally to his responsibilities as President & CEO of Wacker Chemie.
most read
Ratcliffe: Chemical Industry in Europe at a Tipping Point
Ineos CEO Ineos calls on European politicians to save the chemical industry.
Dow to Shut Down Three Upstream European Assets
Building on the April 2025 announcement, Dow will take actions across its three operating segments to support European profitability, resulting in the closure of sites in Germany and the UK.
BASF Sells Majority Stake in Coatings Business
BASF sells a majority stake in its coatings business to the investor Carlyle.
Novo Nordisk to Cut 9,000 Jobs Globally in Major Restructuring
Novo Nordisk announced a global workforce reduction of approximately 9,000 positions to streamline operations and reinvest DKK 8 billion (€1 billion) in growth opportunities for diabetes and obesity treatments.