Lenzing AG Announces Key Management Changes

Lenzing AG has extended the mandate of Christian Skilich, Chief Pulp & Chief Technology Officer, until May 31, 2029. Skilich has played a crucial role in the company's pulp business and innovation portfolio since joining the Management Board in June 2020. This decision reflects his significant contributions to Lenzing's integrated business model and future direction.

Additionally, Mathias Breuer will assume the role of Chief Financial Officer on January 1, 2026. Currently Senior Vice President, Breuer is recognized for his leadership in Lenzing's performance program. He succeeds Nico Reiner, who will not renew his contract post-2025. Reiner's tenure is noted for notable earnings improvements and key refinancing projects.

The Supervisory Board expressed gratitude for Reiner's impact and welcomed Breuer's transition, highlighting his intimate understanding of the company and prior financial experience. This internal promotion signals strategic continuity at Lenzing AG.