Siltronic AG has announced that its Supervisory Board has extended the contract of Chief Operating Officer (COO) Klaus Buchwald by five years, through May 31, 2032. The extension comes ahead of the original contract expiration in May 2027 and reinforces continuity within the company’s executive leadership team.
With the renewal, Buchwald will continue to serve alongside Chief Executive Officer Dr. Michael Heckmeier and Chief Financial Officer Claudia Schmitt, maintaining the current Executive Board structure for the coming years.
Buchwald joined Siltronic’s Executive Board in June 2024 and has been responsible for the company’s operations during a challenging period for the semiconductor wafer industry. According to the company, he has focused on improving operational efficiency while advancing initiatives related to digitalization and the use of artificial intelligence in manufacturing and business processes.
The early contract extension reflects the Supervisory Board’s confidence in the company’s current leadership and its strategy to strengthen operational competitiveness while maintaining long-term management stability.
Siltronic is one of the world’s leading manufacturers of silicon wafers used in semiconductor device production, serving customers across the automotive, industrial, consumer electronics, and communications markets.
Original – Siltronic