WCH.F - Wacker Chemie AG

Frankfurt - Frankfurt Delayed Price. Currency in EUR

Wacker Chemie AG

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

SectorBasic Materials
IndustryChemicals
Full Time Employees14,826

Key Executives

NameTitlePayExercisedYear Born
Dr. Rudolf StaudiglCEO, Pres & Member of Exec. Board943.42kN/A1955
Dr. Tobias OhlerCFO & Member of the Exec. Board1.11MN/A1971
Mr. Auguste WillemsMember of Exec. Board1.25MN/AN/A
Dr. Christian HartelMember of Exec. Board690.67kN/A1971
Mr. Rainald HagenhuesHead of Corp. Accounting & TaxN/AN/AN/A
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Wacker Chemie AG provides chemical products worldwide. It operates through four divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, and Wacker Polysilicon. The Wacker Silicones division offers silanes, silicones, silicone fluids, emulsions, elastomers, sealants and resins, and pyrogenic silicas for use in construction, paint and coating, chemical, cosmetic, textile and leather, paper and film coating, fabric coating, electrical and electronic engineering, insulation technology, mechanical engineering and metal processing, medical technology, automotive, communications technology, office equipment, household appliance, plastics and rubber processing, and mold making applications. The Wacker Polymers division provides dispersible polymer powder and dispersions, surface-coating resins, polyvinyl alcohol solutions, and polymer modifiers, which are used in automotive, construction chemical, adhesive, paint and coating, nonwoven, textile, and paper applications. The Wacker Biosolutions division offers bioengineered products, such as cyclodextrins, cyclodextrin complexes, cysteine, and cystine; biopharmaceutical products; fine chemicals; organosilanes; chiral alcohols; base chemicals; and polyvinyl acetate solid resins that are used in foodstuffs, pharmaceuticals and biologics, agrochemicals, household products, personal care and cosmetics, specialty chemicals, and chemical industrial applications. The Wacker Polysilicon division produces polysilicon for use in solar cells and electronics. The company was founded in 1914 and is headquartered in Munich, Germany. Wacker Chemie AG is a subsidiary of Dr. Alexander Wacker Familiengesellschaft mbH.

Corporate Governance

Wacker Chemie AG’s ISS Governance QualityScore as of October 4, 2019 is 7. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 1; Compensation: 1.

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 a 10 indicates higher governance risk.