Siltronic’s executive board member Dr. Michael Peterat retires
Dr. Michael Peterat (63) is retiring from the Executive Board of Siltronic AG effective November 1, 2009.
Dr. Peterat, who studied mineralogy at Munich University (TU), has held senior management positions within WACKER since 1980. In November 2004, he joined the Executive Board of Siltronic AG as Personnel Director and Chief Operations Officer.
Dr. Peterat’s duties will be taken over by Executive Board members Dr. Gerhard Brehm, Paul Lindblad and Dr. Joachim Manke. Dr. Brehm will be responsible for German production sites and Mr. Lindblad for all non-German sites. Dr. Manke will become Personnel Director.
Siltronic is a global leader in the market for ultra-pure silicon wafers and the partner of numerous leading chip manufacturers. Siltronic develops and manufactures wafers with diameters of up to 300 mm at production sites in Europe, Asia, Japan and the United States.
Silicon wafers form the heart of modern micro- and nanoelectronics – for computers, mobile telephones, Internet, DVD players, flat-panel displays, navigation systems, airbags, computer tomography machines, aircraft control systems and many more applications.
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).