Wacker Chemie AG (WKCMF)

116.90 +4.40 (+3.91%) At close: 10:35AM EDT

Wacker Chemie AG

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

Sector(s): Basic Materials
Industry: Specialty Chemicals
Full-time employees: 16,378

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Christian Hartel	CEO, President & Member of Executive Board	1.6M	N/A	1971
Dr. Tobias Ohler	CFO & Member of the Executive Board	1.33M	N/A	1971
Ms. Angela Worl	Head of Human Resource, Personnel Director & Member of Executive Board	774.07k	N/A	1968
Dr. Christian Kirsten	Member of the Executive Board	N/A	N/A	N/A
Mr. Rainald Hagenhues	Head of Corproate Accounting & Tax	N/A	N/A	N/A
Mr. Joerg Hoffmann C.F.A.	Head of Investor Relations	N/A	N/A	N/A
Mr. Goetz Neumann	Head of Legal Affairs	N/A	N/A	N/A
Mr. Jörg Hettmann	Head of Corporate Communications	N/A	N/A	N/A
Dr. Thomas Koini	Head of Sales & Distribution	N/A	N/A	N/A
Dr. Fridolin Stary	Head of Corporate Research & Development	N/A	N/A	N/A

Amounts are as of 31 December 2022, 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 April 2024 is 9. The pillar scores are Audit: 8; Board: 8; Shareholder rights: 6; Compensation: 9.

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.