EQS-News: Lenzing AG / Key word(s): Personnel
Lenzing strengthens Managing Board with Georg Kasperkovitz as Chief
Operations Officer
26.05.2025 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Lenzing strengthens Managing Board with Georg Kasperkovitz as Chief
Operations Officer
• Georg Kasperkovitz is appointed as new member of the Managing Board of
Lenzing AG as of June 1, 2025
• As Chief Operations Officer, he will take over the company-wide
management of the fiber production sites and the implementation and
further development of the ongoing performance program
• At the same time, he will take over the responsibility for the site
management in Lenzing
Lenzing – The Supervisory Board of Lenzing AG has appointed Georg
Kasperkovitz as a member of the Managing Board and Chief Operations
Officer (COO) of Lenzing AG with effect from June 1, 2025. Georg
Kasperkovitz (58) brings more than 15 years of experience in various
management functions in Europe, North America and Asia – Lenzing’s most
important production regions and markets. During his career, Kasperkovitz
has held positions including Business Unit CEO at the international
packaging and paper company Mondi plc (2016-2019), CEO of Rail Cargo
Austria AG (2012-2016) and at the international consulting firm McKinsey
(1999-2012, most recently as a partner). Georg Kasperkovitz is a qualified
mechanical engineer (Dr. techn., TU Vienna) and holds an MBA from Harvard
Business School.
At Lenzing, as COO in the now four-member Managing Board, he will manage
the company-wide fiber production sites and drive forward the ongoing
performance program and, thus, operational cost excellence and the
transformation of the entire company. He will also take over the
management and further development of the site in Lenzing (Upper Austria).
Patrick Lackenbucher, Chairman of the Supervisory Board of Lenzing AG,
comments: “Lenzing AG has been able to report a continuous increase in
earnings in recent quarters – despite the difficult market environment.
The current macroeconomic challenges, persistently high energy costs and
intensified global competition continue to require full focus on the
implementation and further development of the current performance program.
Profitability is crucial for Lenzing in order to survive in global
competition in the long term and to be able to continue investing in new
products and markets. With Georg Kasperkovitz, we are therefore
strengthening our Managing Board with sound operational transformation
expertise – and relevant experience in the nonwovens market.”
Georg Kasperkovitz, designated Chief Operations Officer of Lenzing AG: “I
am looking forward to contributing my experience to the company as COO of
Lenzing AG. Operational excellence and increasing the profitability of the
fiber sites will be the focus of my work. Together in the Managing Board,
with the management and with all employees, the aim is to work efficiently
in a difficult market environment and to further strengthen the
competitiveness of Lenzing AG.”
Rohit Aggarwal, CEO of Lenzing AG: “Our ongoing performance program has
already shown positive results recently. Despite a difficult market
environment, we were able to significantly improve our results in the
first quarter of 2025. In the environment of current geopolitical changes
and an increasingly aggressive customs policy, it is important to further
strengthen the agility, resilience and cost position of our Group with the
aim of long-term value creation in order to expand Lenzing’s position as
the global market leader in sustainable cellulose fibers. Georg
Kasperkovits will support the team driving forward the all-important
operational excellence of our fibre sites. It is precisely in these areas
that he will contribute and utilise his extensive expertise.”
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Your contact for
Public Relations: Investor Relations:
Dominic Köfner Sébastien Knus
Vice President Corporate Communications & Vice President Capital Markets
Public Affairs Lenzing Aktiengesellschaft
Lenzing Aktiengesellschaft Werkstraße 2, 4860 Lenzing,
Werkstraße 2, 4860 Lenzing, Austria Austria
Phone +43 7672 701 2743 Phone +43 7672 701 3599
E-mail (2)media@lenzing.com E-mail (4)s.knus@lenzing.com
Web (3)www.lenzing.com Web (5)www.lenzing.com
About the Lenzing Group
The Lenzing Group stands for the responsible production of specialty and
premium fibers based on regenerated cellulose. As an innovation leader,
Lenzing is a partner of global textile and nonwoven manufacturers and
drives many new technological developments. The Lenzing Group’s
high-quality fibers are the raw material for a wide range of textile
applications – ranging from functional, comfortable, and fashionable
clothing through to durable and sustainable home textiles. TÜV-certified
biodegradable and compostable Lenzing fibers are also ideal for demanding
use in everyday hygiene applications.
The Lenzing Group’s business model extends far beyond that of a
traditional fiber producer. Together with its customers and partners,
Lenzing develops innovative products along the value chain, adding value
for consumers. The Lenzing Group strives for efficient utilization and
processing of all raw materials and offers solutions for the transition of
the textile industry from the current linear economic system to a circular
economy. In order to align its commitment to limiting man-made climate
change with the goals of the Paris Agreement, Lenzing has a clear,
science-based climate action plan that provides for a significant
reduction in greenhouse gas emissions (Scopes 1, 2, and 3) by 2030 and a
net-zero target by 2050.
Key Facts & Figures Lenzing Group 2024
Revenue: EUR 2.66 bn
Nominal capacity (fibers): 1,110,000 tonnes
Employees (full-time equivalents): 7,816
TENCEL™, LENZING™ ECOVERO™, VEOCEL™, LENZING™ and REFIBRA™ are trademarks
of Lenzing AG.
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26.05.2025 CET/CEST This Corporate News was distributed by EQS Group.
www.eqs.com
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Language: English
Company: Lenzing AG
4860 Lenzing
Austria
Phone: +43 7672-701-0
Fax: +43 7672-96301
E-mail: office@lenzing.com
Internet: www.lenzing.com
ISIN: AT0000644505
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 2145016
End of News EQS News Service
2145016 26.05.2025 CET/CEST
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