MUNICH, Germany—Christian Hartel will lead Wacker Chemie A.G. for at least another five years, as the company's supervisory board re-appointed him as president and CEO Dec. 7.
Hartel's current executive board contract expires Oct. 31, 2023. He has served as CEO since 2021. The renewal and re-appointment extends the contract through 2028, according to Wacker.
With a background in chemistry, Hartel joined the silicone manufacturer in 2003, working initially in corporate development.
He served in leadership posts in Wacker Fine Chemicals and Wacker Silicones, heading up raw material procurement in 2010.
He was named president of Wacker Silicones two years later, and was appointed to the Executive Board in 2015.
With sales of about $6.5 billion in 2021, Wacker is headquartered in Munich with 27 production sites around the world.
The company this past year announced major expansion projects in the U.S., India and China for its HCR and LSR capacities.
The vertically integrated company produces monomer for its silicone fluids, emulsions, rubbers and resins, as well as silanes, TPE silicones and fumed silicas.
Wacker Polymers, Wacker Biolsolutions and Wacker Polysilicon (semiconductor and photovoltaic industries) round out the major business segments for Wacker Chemie A.G.