EQS-News: Lenzing AG appoints Georg Kasperkovitz as Chief Executive Officer

EQS-News: Lenzing AG / Key word(s): Statement
   Lenzing AG appoints Georg Kasperkovitz as Chief Executive Officer

   29.05.2026 / 10:54 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   Lenzing AG appoints Georg Kasperkovitz as Chief Executive Officer
    

     • Georg Kasperkovitz appointed CEO of Lenzing AG effective June 1, 2026
     • Chief Operations Officer and Member of the Management Board since 2025
     • Mandate runs until May 31, 2029

    

   Lenzing, May 29, 2026 – The Supervisory Board of Lenzing AG has appointed
   Georg Kasperkovitz, Member of the Management Board and Chief Operations
   Officer, as Chief Executive Officer (CEO) of Lenzing AG with effect from
   June 1, 2026.

   Kasperkovitz will assume this role in addition to his current function as
   Chief Operations Officer (COO).

   Kasperkovitz has been a member of the Management Board of Lenzing AG as
   Chief Operations Officer since June 2025. In this role, he has most
   recently led the Fiber Division (sales, production, and supply chain) as
   well as the further development and execution of the performance program.
   He has achieved significant progress in operational excellence and the
   profitability of the fiber production sites.

   As CEO, in addition to overseeing the company-wide fiber production sites,
   he will also assume global responsibility for fiber sales, supply chain,
   and human resources.

   Kasperkovitz’s mandate as CEO runs for three years until May 31, 2029.
    

   Supervisory Board emphasizes continuity and performance

   Patrick Lackenbucher, Chairman of the Supervisory Board of Lenzing AG,
   commented: “Over the past months, the Supervisory Board has intensively
   addressed the appointment of the CEO position and evaluated both internal
   and external candidates. It became clear that the current Management Board
   works very effectively together and that Georg Kasperkovitz manages his
   areas of responsibility extremely successfully.

   He has achieved measurable progress in operational performance and
   profitability. His appointment as CEO is therefore a logical step that
   ensures stability and execution strength, particularly in challenging
   market environments.

   The Management Board will continue to consistently focus on structural
   profitability and strengthening competitiveness, with the aim of further
   expanding Lenzing’s position as a leading integrated premium supplier of
   regenerated cellulose fibers.”

    

   Focus on transformation, profitability, and growth

   Georg Kasperkovitz said: “I would like to thank the Supervisory Board for
   their trust and for appointing me as CEO, and I am very much looking
   forward to actively shaping Lenzing’s future.

   A clearly prioritized strategy focused on premium products, the consistent
   execution of our performance program, and a strong leadership team are key
   drivers of Lenzing’s continued transformation.

   We will drive sustainable growth in high-margin market segments, such as
   nonwovens applications in hygiene and filtration, while further advancing
   next-generation technologies such as Tree-to-Textile.

   At the same time, we will consistently implement measures to further
   strengthen our cost position and global competitiveness. Our goal is to
   unlock the company’s full value-creation potential.”
    

   Management Board structure remains unchanged

   The composition of the Management Board remains unchanged and continues to
   consist of Georg Kasperkovitz (CEO), Mathias Breuer (CFO), and Christian
   Skilich (CPO/CTO).

   The extended Executive Committee, consisting of six members, also remains
   unchanged.
    

   About Georg Kasperkovitz

   Georg Kasperkovitz holds a PhD in Mechanical Engineering (Vienna
   University of Technology) and an MBA from Harvard Business School. He has
   more than 15 years of international management experience across Europe,
   North America, Asia, and China—Lenzing’s key production regions and
   markets. Prior to joining Lenzing, he served as Business Unit CEO at the
   international packaging and paper company Mondi plc (2016–2019) and as CEO
   of Rail Cargo Austria AG (2012–2016). He previously worked as a partner at
   the global consulting firm McKinsey & Company.

    

   Photo download:

   [1]https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=G8S0y2k0i8d9

    

    

   Your contact for                     
   Media Relations:                    Investor Relations:
                                        
   Corporate Communications            Alexander Schwaiger
                                       VP Corp. Treasury & Investor Relations
   Lenzing Aktiengesellschaft          Lenzing Aktiengesellschaft
   Werkstraße 2, 4860 Lenzing, Austria Werkstraße 2, 4860 Lenzing, Austria
                                        
   Phone  +43 664 6112534              Phone  +43 7672 701 8947
   E-mail  [2][email protected]        E-mail   [4][email protected]
   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 2025
   Revenue: EUR 2.60 bn
   Nominal capacity (fibers): 1,110,000 tonnes
   Employees (full-time equivalents): 7,738
    
   TENCEL™, LENZING™ ECOVERO™, VEOCEL™, LENZING™, and REFIBRA™ are trademarks
   of Lenzing AG.

    

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   29.05.2026 CET/CEST This Corporate News was distributed by [6]EQS Group

   View original content: [7]EQS News

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   Language:    English
   Company:     Lenzing AG
                4860 Lenzing
                Austria
   Phone:       +43 7672-701-0
   Fax:         +43 7672-96301
   E-mail:      [email protected]
   Internet:    www.lenzing.com
   ISIN:        AT0000644505
   Indices:     ATX
   Listed:      Vienna Stock Exchange (Official Market)
   EQS News ID: 2335894


    
   End of News EQS News Service


   2335894  29.05.2026 CET/CEST

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