The supervisory board of the Austrian cellulose fiber manufacturer Lenzing has prematurely extended the mandate of the board member Christian Skilich by another three years until May 2029. Skilich, who has been a member of the Lenzing AG board since June 2020, leads as Chief Pulp & Chief Technology Officer, among other things, the areas of responsibility fiber pulp and wood raw materials, safety and environment, procurement and innovation.
In addition, Mathias Breuer, currently Senior Vice President and is responsible for the performance program, becomes the new CFO from 2026. Breuer has been working in Lenzing AG since 2023 and has largely been responsible for the development and successful implementation of the company-wide performance program. Before that, he worked as a CFO of the packaging group Adapa and as a CFO of the Semperit AG Holding division.
Patrick Lackenbucher, Chairman of the Supervisory Board of Lenzing AG: “With Mathias Breuer, an experienced Lenzing manager and financial expert as a CFO will move into the company’s board of directors from 2026. The fact that we can occupy this position internally speaks for the quality of the management team of Lenzing AG. With the order of Mathias Breuer, we are putting continuity as well as the further focus on the implementation and further development of the running Performance measures secure to further strengthen Lenzing AG’s profitability and competitiveness in global competition. ”
He follows the previous CFO Nico Reiner, who did not extend his mandate, which expired at the end of 2025. Under the direction of Nico Reiner, a significant improvement in results has been achieved in recent years and the successful conclusion of essential refinancing projects, the company said.
“We thank Nico Reiner for his commitment and excellent performance as CFO of Lenzing AG. Nico Reiner has made a significant contribution to improving the result and optimization of the financing structure of Lenzing AG. In a challenging overall economic environment, his prudence and expertise have made a significant contribution to the stability and securing of the future,” continued Lackbucher.