Siltronic AG (SLTCY), a German maker of wafers made of hyperpure silicon, said on Friday that it has extended the contract of its Chief Executive Officer, Michael Heckmeier, by another 5 years until May 5, 2031. The contract was originally set to expire in May 2026.
Similarly, the contract of Chief Financial Officer, Claudia Schmitt, previously due to end in June 2026, has been extended until June 30, 2031.
"With this decision, the Supervisory Board underscores its commitment to continuity and expresses strong confidence in the executive team, which has included Klaus Buchwald as COO since June 2024 alongside Heckmeier and Schmitt," the company said.
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