on Siltronic AG (ETR:DE000WAF)
Siltronic AG Extends Contracts of CEO and CFO
Siltronic AG's Supervisory Board has announced the early extension of CEO Dr. Michael Heckmeier's contract until May 2031 and CFO Claudia Schmitt's contract until June 2031. The extensions, decided upon on July 25, 2025, underscore the company's commitment to maintaining continuity in leadership. Both executives have played pivotal roles since joining the board, with Dr. Heckmeier navigating challenging market conditions and strengthening Siltronic's position in the wafer industry. Claudia Schmitt has been instrumental in managing Siltronic’s financial stability during significant growth phases.
The renewed contracts are expected to ensure sustained progress as Siltronic faces ongoing industry challenges. With Klaus Buchwald as COO since June 2024, the management team aims to further reinforce the company's position. The announcement signifies strong confidence from the Supervisory Board in the executive team's capability to guide Siltronic through future strategic developments.
R. H.
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