Industry Leadership | Industry Update

Walter Bickel to Exit Managing Board as Transformation Program Surpasses Expectations.

Published: April 7, 2025
Author: HFT

Walter Bickel to Step Down from Lenzing Board After Leading Strong Transformation

 The Lenzing Group, a global pioneer in regenerated cellulose fiber production for textile and nonwoven applications, announces the departure of Dr. Walter Bickel, Chief Transformation Officer and Member of the Managing Board, effective end of March 2025. This strategic transition follows an exceptional year of performance under Bickel’s leadership, marking a transformative chapter in Lenzing’s corporate journey.

Dr. Bickel joined the Lenzing Board in April 2024 with a clear mandate: to drive Lenzing’s performance program and strengthen operational efficiency amid evolving industry challenges. In less than a year, his leadership resulted in an overachievement of performance goals, delivering measurable improvements across key operational and financial areas.

“Walter Bickel and his team played a vital role in redefining our performance strategy and crisis resilience,” said Cord Prinzhorn, Chairman of the Supervisory Board. “We deeply appreciate his dedication and strategic foresight during a crucial period of transition.”

Thanks to his contribution, Lenzing now has a robust framework for sustained performance and innovation, ensuring that the transformation program will continue seamlessly under the company’s guidance. The Supervisory Board and executive leadership have reaffirmed their commitment to advancing Lenzing’s position as a leader in sustainable fiber innovation and circular economy solutions.

“As the program continues beyond expectations, we are entering a new phase of execution and excellence,” said Rohit Aggarwal, CEO of the Lenzing Group. “Walter’s groundwork has created a solid platform for us to continue driving sustainable growth and maintaining our leadership in integrated fiber technology.”

Dr. Bickel’s departure marks the completion of a high-impact chapter for Lenzing, reinforcing the company’s vision for long-term transformation, operational discipline, and responsible innovation.

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