EQS-Adhoc: Lenzing AG: Rohit Aggarwal new CEO as of September 1, 2024 – Stephan Sielaff to leave the company as of August 31, 2024

EQS-Ad-hoc: Lenzing AG / Key word(s): Personnel
Lenzing AG: Rohit Aggarwal new CEO as of September 1, 2024 – Stephan
Sielaff to leave the company as of August 31, 2024

21-Aug-2024 / 14:42 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS
Group AG.
The issuer is solely responsible for the content of this announcement.

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Rohit Aggarwal new CEO as of September 1, 2024 – Stephan Sielaff to leave
the company as of August 31, 2024

 

Lenzing – Rohit Aggarwal will take over the position of CEO as of 1
September 2024. Outgoing Chief Executive Officer Stephan Sielaff will
leave the company end of August 2024, by mutual agreement with the
Supervisory Board.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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   [1]media@lenzing.com
Web      [2] www.lenzing.com
 

 

About the Lenzing Group
 
The Lenzing Group stands for eco-responsible production of specialty
fibers based on cellulose and recycled material. 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 form the basis for a variety of textile applications
ranging from functional, comfortable and fashionable clothing to durable
and sustainable home textiles. Due to their special properties and their
botanical origin, the TÜV certified biodegradable and compostable Lenzing
fibers are also highly suitable for everyday hygiene products.
 
The business model of the Lenzing Group goes far beyond that of a
traditional fiber producer. Together with its customers and partners,
Lenzing develops innovative products along the value chain, creating added
value for consumers. The Lenzing Group strives for the efficient
utilization and processing of all raw materials and offers solutions to
help transform the textile industry from the current linear economic
system towards a circular economy. In order to reduce the speed of global
warming and thus also support the targets of the Paris Agreement and the
EU Commission’s “Green Deal”, Lenzing has developed a clear science-based
climate action plan that aims to significantly reduce greenhouse gas
emissions by 2030 and a net-zero goal (scope 1, 2 and 3) by 2050.
 
Key Facts & Figures Lenzing Group 2023
Revenue: EUR 2.52 bn
Nominal capacity: 1,110,000 tonnes
Employees (FTE): 7,917
 
TENCEL™, LENZING™ ECOVERO™, VEOCEL™, LENZING™ and REFIBRA™ are trademarks
of Lenzing AG.

 

End of Inside Information

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21-Aug-2024 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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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: 1972545

 
End of Announcement EQS News Service

1972545  21-Aug-2024 CET/CEST

References

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1. media@lenzing.com
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