Lenzing, Austria – May 29, 2026: Global regenerated cellulose fiber producer Lenzing AG has announced the appointment of Georg Kasperkovitz as its new Chief Executive Officer (CEO), effective June 1, 2026. The decision was approved by the company’s Supervisory Board, marking a significant step in Lenzing’s ongoing transformation and growth strategy.Kasperkovitz will continue to serve as Chief Operations Officer (COO) while assuming the CEO role. His mandate as CEO will run until May 31, 2029.
Leadership Continuity at a Critical Time
Georg Kasperkovitz joined the Management Board of Lenzing AG as COO in June 2025. Since then, he has overseen the company’s Fiber Division, including sales, production, supply chain management, and the implementation of strategic performance improvement programs.Under his leadership, Lenzing has achieved notable progress in operational excellence, manufacturing efficiency, and profitability across its fiber production facilities.As CEO, Kasperkovitz will assume broader responsibilities, including global oversight of fiber sales, supply chain operations, human resources, and the company’s worldwide fiber production network.
Supervisory Board Highlights Proven Performance
Commenting on the appointment, Patrick Lackenbucher, Chairman of the Supervisory Board of Lenzing AG, emphasized the importance of continuity and execution strength in the current market environment.According to Lackenbucher, the Supervisory Board conducted a comprehensive evaluation of both internal and external candidates before concluding that Kasperkovitz was the ideal choice. His proven ability to improve operational performance and profitability, combined with his strong leadership capabilities, made the appointment a natural progression for the company.The board expects the existing management team to continue driving structural profitability improvements and strengthening Lenzing’s competitiveness as a leading integrated supplier of premium regenerated cellulose fibers.
Focus on Transformation and Sustainable Growth
Speaking about his new role, Georg Kasperkovitz expressed gratitude for the confidence placed in him by the Supervisory Board and reaffirmed his commitment to accelerating Lenzing’s transformation journey.He highlighted the company’s strategic focus on premium products, operational excellence, and execution of its performance programs. Lenzing intends to strengthen its position in high-margin market segments, particularly nonwoven applications used in hygiene and filtration products.Kasperkovitz also identified next-generation technologies such as Tree-to-Textile as important drivers of future growth. The company plans to continue investing in innovation while implementing measures aimed at improving cost competitiveness and maximizing long-term value creation.
Management Board Structure Remains Unchanged
Following the appointment, Lenzing’s Management Board structure remains unchanged and will continue to comprise:
- Georg Kasperkovitz – Chief Executive Officer (CEO)
- Mathias Breuer – Chief Financial Officer (CFO)
- Christian Skilich – Chief Procurement Officer & Chief Technology Officer (CPO/CTO)
The company’s six-member Executive Committee will also remain unchanged.
Strengthening Lenzing’s Global Leadership
The appointment comes at a time when the global textile and nonwovens industries are increasingly focusing on sustainability, innovation, and circular production models. As one of the world’s leading producers of regenerated cellulose fibers, Lenzing continues to invest in premium sustainable fiber solutions and advanced manufacturing technologies.With Georg Kasperkovitz at the helm, the company aims to further enhance profitability, expand into high-growth applications, and reinforce its position as a global leader in sustainable fiber production.