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Friday, 24 April 2026 11:28

Lenzing reinforces governance stability with key leadership reappointments

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The Lenzing Group has prioritized institutional stability following its 82nd Annual General Meeting on April 23, 2026, by securing the long-term mandates of its primary oversight body. Shareholders moved to re-elect Dr Astrid Skala-Kuhmann, Mag Gerhard Schwartz, and Mag Helmut Bernkopf to the Supervisory Board, extending their terms until the end of FY30-end. This strategic move ensures that the specialty fiber producer maintains a consistent leadership trajectory as it navigates the transition from a linear to a circular economy. By retaining experienced directors, the group aims to provide a steady hand for its science-based climate action plan, which targets a significant reduction in greenhouse gas emissions over the same period.

Leadership structure solidified for upcoming fiscal cycles

In a subsequent constitutive session, the board solidified its executive oversight by re-electing Patrick Lackenbucher as Chairman. This structural continuity is bolstered by the appointment of Carlos de Almeida and Stefan Fida as deputy chairmen, overseeing a ten-member board elected by shareholders and supplemented by five delegates from the Works Council. Beyond personnel changes, the assembly formally discharged the Managing and Supervisory boards for the 2025 financial year, which saw the company generate €2.60 billion in revenue. To maintain transparency standards, KPMG Austria was appointed as the auditor for the FY26, with a specific mandate to oversee consolidated sustainability reporting—a critical function for a firm currently managing an annual fiber capacity of over 1.1 million tonnes.