Supervisory Board extends mandate of Siltronic CFO Rainer Irle until 2025

The Supervisory Board of Siltronic AG has extended the mandate of Chief Financial Officer Rainer Irle until December 2025.

At its meeting today, the Supervisory Board of Siltronic AG extended the contract of Chief Financial Officer and Labor Director Rainer Irle, which expires at the end of 2020, by another five years until December 31, 2025.

Dr. Tobias Ohler, Chairman of the Supervisory Board of Siltronic AG, said: "Rainer Irle has played a key role in recent years in both strengthening Siltronic's financial base and increasing the value of the company. He also deserves our thanks for the further development of Siltronic's human resources work in recent years. By extending his contract, we are honoring the very good work of Mr. Irle and we - the entire Supervisory Board - are very pleased to continue the extraordinarily good cooperation with him and wish him continued success".

Irle, who studied business administration/engineering, has been a member of the Executive Board since 2013 and before that has held various positions within the Wacker Group since 2003. Together with CEO Dr. Christoph von Plotho, he ensured the company's successful IPO in 2015. In recent years, the Executive Board team has succeeded in sustainably increasing Siltronic's profitability.

"On behalf of the global Siltronic team, I would like to thank Mr. Irle for his great commitment over the past years and his decisive contributions to increasing our competitiveness. I look forward to continuing with him on our successful path and achieving our ambitious goals," said Dr. Christoph von Plotho, CEO of Siltronic AG.