Lenzing AG has announced that Managing Board Member and Chief Executive Officer Rohit Aggarwal has informed the Supervisory Board of his decision to resign from his position for personal reasons, with effect from 31 January 2026. To ensure a smooth transition, he will remain with the company as an advisor until the end of September 2026.
The Supervisory Board expressed its appreciation for Aggarwal’s leadership and the contributions made during his tenure. Following his departure, Lenzing AG will be overseen by a three-member Managing Board.
As part of ongoing organisational development and to advance its refined premiumisation strategy, Lenzing AG will introduce a six-member Executive Committee (ExCo). The ExCo will comprise the three Managing Board members alongside senior commercial leaders Patricia Sargeant (Nonwovens Fibres), Yann Lepage (Textile Fibres), and Anton Putz (Pulp). The new structure is intended to strengthen the company’s strategic emphasis on commercial opportunities in high-performance fibre markets and reinforce its position as a leading integrated premium supplier of regenerated cellulosic fibres.
The Supervisory Board has initiated the process to appoint a new Chief Executive Officer, with an announcement to follow in due course.
Patrick Lackenbucher, Chairman of the Supervisory Board, stated that the Board wished to thank Aggarwal for his commitment and the progress achieved under his leadership, which included the execution of the performance programme, a sharper strategic focus, and improved profitability. He said the Board remained focused on structural profitability and that the Managing Board would continue working to enhance Lenzing’s competitive position, financial performance, and long-term value creation to further strengthen its standing as a global leader in sustainable cellulosic fibres.
Based on the current business performance and prevailing market outlook, the Managing Board has confirmed its EBITDA guidance for 2025 and anticipates year-on-year EBITDA growth.
