Executive Board Change at WACKER


WEBWIRE – Friday, December 07, 2012

-DR. TOBIAS OHLER JOINS GROUPíS EXECUTIVE BOARD
-BOARD MEMBER DR. WILHELM SITTENTHALER LEAVES GROUP AT END OF 2012 FOR PERSONAL REASONS
-DR. PETER-ALEXANDER WACKER, SUPERVISORY BOARD CHAIRMAN, THANKS SITTENTHALER FOR HIS MANY YEARS OF DEDICATION

Munich, - -Dr. Wilhelm Sittenthaler (57), Executive Board member and Personnel Director of Wacker Chemie AG, is stepping down. He is leaving the Munich-based chemical group on December 31, 2012, WACKER announced today.

Sittenthaler, whose Executive Board contract expires at the end of April 2013, had informed the Supervisory Board that, after over 30 years at the company, he would not be available for a further term due to personal reasons. Consequently, he had asked to be relieved of his duties at the end of 2012. At its meeting today, the Supervisory Board acceded to his request. It also appointed Dr. Tobias Ohler (41) to the Executive Board, effective January 1, 2013. Ohlerís contract is for three years. Currently, Ohler is Executive Board member and Personnel Director of WACKERís subsidiary Siltronic.

Dr. Peter-Alexander Wacker, Chairman of WACKERís Supervisory Board, thanked Sittenthaler for all his committed work. ďFor many years, Wilhelm Sittenthaler has played a key role in helping shape and develop the WACKER Group in various management positions held both in Germany and abroad. We wish him all the best for the future. Our newly appointed Executive Board member, Tobias Ohler, has already proven himself in several key positions at the company,Ē Wacker said.
Dr. Wilhelm Sittenthaler

Dr. Wilhelm Sittenthaler studied chemical engineering at Vienna University of Technology. After gaining his doctorate in technical sciences, he joined Wacker Chemie GmbH in 1980. He held a variety of positions and spent many years in Japan, where he was initially responsible for Regional Marketing & Sales. Later, he became head of the Chemicals division there. In 1996, he was appointed head of the Fluids, Resins and Silanes business unit at Burghausen in Germany. Four years later, in 2000, he joined the Executive Board of Wacker Chemie GmbH. In 2003, he took over as President & CEO of Siltronic AG, a fully-owned subsidiary of Wacker Chemie AG. Since May 2008, Sittenthaler has been a member of Wacker Chemie AGís Executive Board and Personnel Director.
Dr. Tobias Ohler

Dr. Tobias Ohler studied economics and business administration / industrial engineering in France, Germany and Australia. He obtained a PhD in economics from the University of Oldenburg, Germany. After graduating, he worked as a consultant at McKinsey from 1997 to 2004. He joined Wacker Chemie AG in 2005 as head of Corporate Controlling and, in 2008, became head of Raw Materials Procurement. In February 2010, he was appointed Executive Board member and Personnel Director of Siltronic AG.



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