Peter-Alexander Wacker
Overview
- Source of Wealth
- Chemicals
- Industry
- Manufacturing
- Residence
- Starnberg
Assets
- Wacker Chemie5,401,000 shares @ --WCH-DE
Biography
Peter-Alexander Wacker owns around 10% of chemical company Wacker Chemie AG, founded by his great-grandfather Alexander Wacker in 1914.
He worked for BMW for ten years before joining Wacker Chemie in 1993 as a member of the board, when it was still a privately owned company.
When Wacker went public in November 2005, Peter-Alexander became CEO. In 2008, he stepped down and became chairman of the supervisory board.
Wacker Chemie has an annual revenue of more than $6 billion and sells its products in over 100 countries.
In 2016, the company began producing polysilicon (used for solar cells and semiconductors) at a new facility in Bradley County, Tennessee.
About
Peter-Alexander Wacker was named family business man of the year in Germany in 2006.
He collects elephant figures from around the world, as elephants symbolize strength to him. His holding company is named Blue Elephant.