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Wacker Chemie AG (WKCMF)

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113.69-0.27 (-0.24%)
As of 09:30AM EDT. Market open.

Wacker Chemie AG

Hanns-Seidel-Platz 4
Munich 81737
Germany
49 89 6279 0
https://www.wacker.com

Sector(s)Basic Materials
IndustrySpecialty Chemicals
Full-time employees16,425

Key executives

NameTitlePayExercisedYear born
Dr. Christian HartelCEO, President & Member of Executive Board1.18MN/A1971
Dr. Tobias OhlerCFO & Member of the Executive Board1MN/A1971
Ms. Angela WorlHead of Human Resource, Personnel Director & Member of Executive Board592.26kN/A1968
Dr. Christian KirstenMember of the Executive Board1.5MN/AN/A
Mr. Rainald HagenhuesHead of Corproate Accounting & TaxN/AN/AN/A
Mr. Joerg Hoffmann C.F.A.Head of Investor RelationsN/AN/AN/A
Mr. Goetz NeumannHead of Legal AffairsN/AN/AN/A
Mr. Jörg HettmannHead of Corporate CommunicationsN/AN/AN/A
Dr. Thomas KoiniHead of Sales & DistributionN/AN/AN/A
Dr. Fridolin StaryHead of Corporate Research & DevelopmentN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Wacker Chemie AG, together with its subsidiaries, provides chemical products worldwide. It operates through four divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, and Wacker Polysilicon. The Wacker Silicones division offers silanes, siloxanes, silicone fluids, silicone emulsions, silicone elastomers, silicone resins, and pyrogenic silica. The Wacker Polymers division provides binders and polymeric additives, such as dispersible polymer powder and vinyl acetate-ethylene dispersions, which are used in construction, paper, adhesive, paint, coating, and basic chemical industries. The Wacker Biosolutions division offers customized biotech and catalog products for fine chemicals, such as pharmaceutical proteins, vaccines, cyclodextrins, cysteine, polyvinyl acetate solid resins, and acetylacetone for pharmaceutical actives, food additives, and agrochemicals. The Wacker Polysilicon division produces hyperpure polysilicon for use in semiconductor and solar sectors. Wacker Chemie AG was founded in 1914 and is headquartered in Munich, Germany. Wacker Chemie AG operates as a subsidiary of Dr. Alexander Wacker Familiengesellschaft mbH.

Corporate governance

Wacker Chemie AG’s ISS governance QualityScore as of 1 June 2024 is 8. The pillar scores are Audit: 5; Board: 8; Shareholder rights: 6; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.