Siltronic appoints Klaus Fuchs president & CEO
Dr. Klaus Fuchs has been appointed President & CEO of Siltronic AG effective January 1st, 2009. A resolution of Siltronic’s Supervisory Board to this end has been announced by the Munich-based semiconductor company today. Fuchs brings in many years of professional experience in the electronics and semiconductor industry. He joins Siltronic from ASML Holding N.V. where he served as Executive Vice President Operations.
At the same time, the Supervisory Board elected Dr. Wilhelm Sittenthaler to its chairman, his appointment also taking effect January 1st, 2009. He is to take over this new responsibility from Dr. Rudolf Staudigl. Up to now, Sittenthaler has been managing Siltronic’s operations in addition to his tasks as an Executive Board Member of Wacker Chemie AG, Siltronic’s mother company.
Dr. Klaus Fuchs
Dr. Klaus Fuchs (49) studied electrical engineering at Trier University and computer science at RWTH Aachen. After earning his PhD in mechanical engineering in 1987, he held several managerial positions in the electronics industry, including Manager Information Technology and Business Automation at ABB, Vice President Electronic Systems at Daimler Benz Aerospace and Technical Director and Member of the Executive Committee at TRW Aeronautical Systems. In 2005, Fuchs was appointed Executive Vice President Operations at semiconductor equipment manufacturer ASML Holding N.V., Veldhoven (Netherlands).
Dr. Wilhelm Sittenthaler
Dr. Wilhelm Sittenthaler (53) 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. Since 2003, he has been President & CEO of Siltronic AG, a fully-owned subsidiary of Wacker Chemie AG. In May 2008, Sittenthaler was appointed Member of Wacker Chemie AG’s Executive Board. His board responsibilities at WACKER include Human Resources (Personnel Director), the Asia-Pacific region and the Siltronic business division.
Company Profile – Siltronic
Siltronic AG – a subsidiary of Wacker Chemie AG – is a global leader in the market for hyperpure silicon wafers and a partner to many top-tier chip manufacturers. Our production facilities in Europe, the USA, Asia and Japan develop and manufacture wafers with diameters of up to 300 mm.
Silicon wafers form the basis of modern micro and nanoelectronics. They are used, for instance, in computers, cellphones, the internet, DVD players, flat-panel displays, navigation systems, airbags, computer tomography equipment, aircraft control systems and many other applications.
To find out more, visit www.siltronic.com .
This press release contains forward-looking statements based on assumptions and estimates of Siltronic’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. Siltronic does not plan to update the forward looking statements, nor does it assume the obligation to do so.
The contents of this press information refer equally to men and women. To aid readability, the male pronoun has been used (e.g. he/his).
