The Supervisory Board of Lenzing AG has extended the management board mandate of Christian Skilich, Chief Pulp & Chief Technology Officer by three years, through May 31, 2029. Skilich has been a member of the company's management board since June 2020. His responsibilities include Pulp Commercial and Operations, Co Products & Wood, Global HSE, Purchasing, and Innovation.
According to Patrick Lackenbucher, Chairman, Supervisory Board, Skilich's leadership has been key to the company's success. The pulp business under his leadership is an important and successful profit driver and underpins the company's integrated business model, Lackenbucher says. Skilich's work on the innovation portfolio will be crucial for Lenzing AG's future, he adds.
Meanwhile, Nico Reiner, CFO has decided not to renew his contract, which is set to expire on December 31, 2025. The Supervisory Board thanked Reiner for his outstanding achievements, including significant improvements in earnings and the successful completion of major refinancing projects. His prudence and expertise have contributed significantly to the stability and future of the company in a challenging macroeconomic environment, notes Lackenbucher.
Mathias Breuer will take over as the new Chief Financial Officer on January 1, 2026. Breuer joined Lenzing AG's management team in 2023 and was instrumental in developing and implementing the company's performance program. Before joining Lenzing, he was CFO of the Adapa Packaging Group and the Sempermed division of Semperit AG Holding.
Lackenbucher states, filling the position internally with an experienced Lenzing manager and financial expert speaks to the quality of the company's management team. With the appointment of Breuer, the company ensures a continued focus on the implementation and further development of the ongoing performance measures to further strengthen the profitability and competitiveness of Lenzing AG in the global market, he adds.
Rohit Aggarwal, CEO notes, with Mathias Breuer, the company gains an outstanding financial expert who is deeply familiar with the company and industry. Having played a central role in the company’s transformation process, Breuer is ideally suited to shape the next phase of our financial strategy, he adds.
