MUNICH—Wacker Chemie A.G. will look to a familiar face to lead its group financial responsibilities, re-appointing Tobias Ohler as CFO for another five years.
Ohler will serve in the role—approved by the Wacker Supervisory Board Feb. 28—until 2030, according to Wacker. Ohler has served on the board since 2013. His previous contract had been set to expire Dec. 31.
"Tobias Ohler does an outstanding job for Wacker," said Peter-Alexander Wacker, chairman of the Wacker Chemie A.G. Supervisory Board. "Extending his contract honors the lasting impact of his work. We are pleased to continue our successful, trusting collaboration with him."
Ohler studied economics, business administration and industrial engineering in France, Germany and Australia.
He has served as a consultant at McKinsey from 1997 until 2004, and joined Wacker in 2004 as head of controlling.
In 2008, he became director of raw materials procurement and joined the executive board of Siltronic A.G.