Lenzing AG has announced the appointment of Georg Kasperkovitz as Chief Executive Officer (CEO), effective June 1, 2026. The decision was made by the Supervisory Board of the company.
Kasperkovitz, who currently serves as Member of the Management Board and Chief Operations Officer (COO), will continue in his COO role while taking on the responsibilities of CEO. His mandate as CEO will run until May 31, 2029.
Since joining the Management Board as Chief Operations Officer in June 2025, Kasperkovitz has overseen the Fiber Division, including sales, production, and supply chain operations. He has also been responsible for the further development and implementation of the company’s performance program.
In his new position as CEO, Kasperkovitz will continue overseeing the company-wide fiber production sites and will additionally assume global responsibility for fiber sales, supply chain, and human resources.
Supervisory Board Highlights 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 Unchanged
Lenzing AG stated that the composition of its Management Board remains unchanged and continues to include Georg Kasperkovitz as CEO, Mathias Breuer as CFO, and Christian Skilich as CPO/CTO.
The company also confirmed that its extended Executive Committee, consisting of six members, remains unchanged.
