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26.05.2025 08:00:04

EQS-News: Lenzing strengthens Managing Board with Georg Kasperkovitz as Chief Operations Officer

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.


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.”

 

Photo download:
https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=sLXV7JyC77za
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Your contact for
Public Relations:
 
Dominic Köfner
Vice President Corporate Communications & Public Affairs
Lenzing Aktiengesellschaft
Werkstraße 2, 4860 Lenzing, Austria
 
Phone +43 7672 701 2743
E-mail  media@lenzing.com
Web     www.lenzing.com
 
 
Investor Relations:
 
Sébastien Knus
Vice President Capital Markets
Lenzing Aktiengesellschaft
Werkstraße 2, 4860 Lenzing, Austria
 
Phone  +43 7672 701 3599
E-mail   s.knus@lenzing.com
Web      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.

 



26.05.2025 CET/CEST This Corporate News was distributed by EQS Group. www.eqs.com


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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