Lenzing_AG appoints Georg_Kasperkovitz CEO
Analysis based on 8 articles · First reported May 29, 2026 · Last updated Jun 04, 2026
The appointment of Georg Kasperkovitz as CEO of Lenzing AG is viewed positively by the market, as he has a proven track record of improving operational efficiency and profitability. This leadership change is expected to provide stability and drive the company's strategic focus on premium products and high-margin segments, potentially boosting Lenzing AG's stock price and overall market confidence.
Lenzing AG, an Austrian fiber company, has appointed Georg Kasperkovitz as its new Chief Executive Officer, effective June 1, 2026. He will also retain his current role as Chief Operating Officer. Georg Kasperkovitz has been a member of the Management Board since June 2025 and has been credited with significant gains in operational efficiency and profitability within the Fiber Division. His mandate as CEO runs until May 31, 2029. The Supervisory Board, led by Patrick Lackenbucher, emphasized Georg Kasperkovitz's successful operational track record and the Management Board's effective collaboration as key factors in his appointment. Georg Kasperkovitz plans to accelerate Lenzing AG's transformation, focusing on premium products, high-margin segments like nonwovens for hygiene and filtration, and further developing future technologies such as Tree-to-Textile. The company also intends to implement measures to improve its cost structure and global competitiveness. The Management Board's composition remains unchanged, with Mathias Breuer as CFO and Christian Skilich as CPO/CTO. This appointment follows the resignation of previous CEO Rohit Aggarwal on January 31, 2026.
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