DGAP-News: Siltronic AG: Supervisory Board extends mandate of Siltronic CFO Rainer Irle until 2025
DGAP-News: Siltronic AG
/ Key word(s): Personnel
Supervisory Board extends mandate of Siltronic CFO Rainer Irle until 2025
Germany, Munich, March 4, 2020 - 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. Contact: Petra Müller Head of Investor Relations & Communications Tel: +49 (0)89 8564 3133 E-mail: [email protected] Company profile: Siltronic is one of the world's largest manufacturers of hyperpure silicon wafers and partner to many leading semiconductor companies. The company operates production sites in Asia, Europe and the USA. Siltronic develops and manufactures silicon wafers in diameters of up to 300 mm. Silicon wafers form the basis for modern microelectronics and nanoelectronics and are a key component in semiconductor chips driving computers, smartphones, navigation systems and many other applications. Siltronic AG employs around 3,600 people and is a stock-listed company in Germany (Prime Standard). Siltronic shares are included in the MDAX and TecDAX.
04.03.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Siltronic AG |
Hanns-Seidel-Platz 4 | |
81737 Munich | |
Germany | |
Phone: | +49 89 8564 3133 |
Fax: | +49 89 8564-3904 |
E-mail: | [email protected] |
Internet: | www.siltronic.com |
ISIN: | DE000WAF3001 |
WKN: | WAF300 |
Indices: | MDAX, TecDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange |
EQS News ID: | 989337 |
End of News | DGAP News Service |
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989337 04.03.2020
Siltronic AG Stock
Currently there is a rather positive sentiment for Siltronic AG with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 95 € shows a positive potential of 20.71% compared to the current price of 78.7 € for Siltronic AG.