The Development of Business in the Divisions

The management of the Lenzing Group’s business is divided into the two divisions “Fiber” and “Pulp”.

In 2023, the implementation of the “Better Growth” corporate strategy was driven forward. The strategy is aimed at better serving structural demand growth for environmentally responsible and high-quality specialty fibers of the TENCEL™, LENZING™ ECOVERO™, and VEOCEL™ brands, among other objectives. In line with its strategy, Lenzing will pursue a profitable growth path following the successful implementation of its key projects, sharpen its focus on sustainable and high-quality premium fibers for textiles and nonwovens and, in parallel, continue to push ahead with the transition to a circular economy model.

Lenzing also announced personnel changes on its Managing Board in 2023. Robert van de Kerkhof, Chief Commercial Officer Fiber and a Managing Board member since 2014, informed the Supervisory Board that he would not be available for a further extension of his contract, which runs until December 31, 2023. The Lenzing Managing Board was thereby reduced from four to three members as of January 1, 2024.

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