The Supervisory Board of Lenzing AG has announced the appointment of Georg Kasperkovitz as Chief Operations Officer (COO) and member of the Managing Board, effective 1 June 2025. Kasperkovitz brings more than 15 years of leadership experience across Europe, North America, and Asia, regions central to Lenzing’s operations.

A qualified mechanical engineer with an MBA from Harvard Business School, Kasperkovitz has previously held senior roles at Mondi plc, Rail Cargo Austria AG, and McKinsey & Company. In his new position at Lenzing, he will be responsible for managing fibre production sites worldwide and advancing the company’s performance programme aimed at improving operational efficiency and cost competitiveness.

Kasperkovitz will also assume direct responsibility for the Lenzing production site in Upper Austria. His appointment expands the company’s Managing Board to four members.

“Our current performance programme has already led to a significant improvement in results,” said Rohit Aggarwal, CEO of Lenzing AG. “Kasperkovitz’s extensive expertise will further strengthen our fibre operations and help us maintain our leadership in sustainable cellulose fibres, particularly as we navigate complex geopolitical shifts and global trade tensions.”

Chairman of the Supervisory Board, Patrick Lackenbucher, added: “Georg Kasperkovitz brings a wealth of experience in operational transformation and the nonwovens market. His focus on profitability and operational excellence is critical to Lenzing’s long-term global competitiveness.”

Kasperkovitz expressed enthusiasm for his new role: “I look forward to contributing my experience to strengthen Lenzing’s fibre sites. The goal is to work efficiently in a challenging environment and to enhance the company’s competitiveness.”

Lenzing continues to invest in innovation and sustainability as part of its strategy to shift from a linear economic model to a circular one, with the aim of reaching net-zero emissions by 2050.

www.lenzing.com