The Austrian fiber manufacturer Lenzing AG has found a new CEO. Around six months after the announced departure of CEO Rohit Aggarwal, Georg Kasperkovitz was appointed as the new CEO. The company announced this on Friday. Kasperkovitz will take over the role on June 1st. His term runs until May 31, 2029.
With the order, Lenzing is relying on an internal solution. Kasperkovitz has been a member of the board since June 2025 and most recently served as Chief Operations Officer (COO). In this role, he was responsible for sales, production and the supply chain of the fiber division as well as the company-wide performance program. As CEO, in addition to being responsible for the global fiber production sites, he will also take on global management of fiber sales, supply chain and human resources.
Following the resignation of Aggarwal, who resigned from his post in February for personal reasons, the company was run on an interim basis by a three-member board. This included the then Chief Financial Officer (CFO) Nico Reiner, Chief Pulp and Chief Technology Officer (CPO/CTO) Christian Skilich and Kasperkovitz. In the future, the board will consist of CEO Kasperkovitz, the now appointed CFO Mathias Breuer and Christian Skilich.
“In the past few months, the Supervisory Board has dealt intensively with filling the CEO position and examined both internal and external candidates,” explained Patrick Lackenbucher, Chairman of the Supervisory Board of Lenzing AG. “It became clear that the current board of directors works together very effectively and Georg Kasperkovitz is managing his areas of responsibility extremely successfully. He has made measurable progress in operational performance and profitability. His appointment as CEO is therefore a logical step that ensures stability and implementation power, especially in a challenging market environment.”
The future CEO has more than 15 years of international management experience in Europe, North America and Asia. Over the course of his career, Georg Kasperkovitz took on several management positions, including at the packaging and paper group Mondi Plc and at the freight transport company Rail Cargo Austria AG.