Rohit Aggarwal Exits Lenzing; Interim Board to Lead

2 days ago 3

Alexandra Harrell

Tue, December 9, 2025 astatine 10:04 AM CST 3 min read

Rohit Aggarwal, managing committee subordinate and main enforcement serviceman of Lenzing, has resigned for idiosyncratic reasons, effectual astatine the extremity of January.

“In the marathon of my beingness truthful far—after 35 singular years that carried maine crossed continents and to much than 100 countries and with our household fortunate capable to telephone astatine slightest six of them home—it present feels similar the close infinitesimal to pause,” Aggarwal wrote successful a LinkedIn station shared earlier this morning. “To dilatory down, instrumentality a breath, and bespeak earlier embarking connected the adjacent agelong of the tally towards immoderate the decorativeness enactment whitethorn be; if specified a happening adjacent exists.”

Aggarwal, a “strategic concern economist and planetary person successful the industry,” per Lenzing, took the helm past September arsenic the successor to Stephan Sielaff, who near Lenzing astatine the extremity of August 2024 by communal statement with the supervisory board. The Vienna-based cellulosic fibre supplier said Aggarwal volition stay with Lenzing arsenic an advisor done the extremity of September 2026. Aggarwal confirmed the determination “to enactment enactment modulation some for the institution and for maine personally” connected societal media arsenic well.

“My committedness to sustainability has been astatine the bosom of my enactment for years, and the radical astatine Lenzing person inspired maine each time to support rethinking what genuinely makes a meaningful difference,” Aggaral wrote connected LinkedIn. “For me, much than the technology, it is ever the people, and it has been a existent grant to pb the unthinkable 7,800 Lenzingers who respire and unrecorded their passionateness for sustainability each azygous day.”

Following Aggarwal’s departure, Lenzing volition beryllium jointly led by a three-member managing committee connected an interim ground until a caller CEO is named. The trifecta includes main fiscal serviceman Nico Reiner—though Lenzing antecedently reported that Reiner volition not widen his absorption committee mandate, acceptable to expire connected Dec. 31—as good arsenic main pulp and main exertion serviceman Christian Skilich and main operating serviceman Georg Kasperkovitz.

At the aforesaid time—and arsenic portion of the company’s “continued organizational improvement and successful enactment of its refined premiumization strategy,” Lenzing volition found an enforcement committee (ExCo) consisting of six members. The ExCo includes the 3 aforementioned members of the managing board. It volition beryllium complemented by Lenzing’s elder commercialized managers: Patricia Sargeant, covering nonwovens Fibers; Yann Lepage, covering textile fibers; and Anton Putz, covering pulp.

The supervisory committee thanked Aggarwal for the advancement achieved nether his leadership, said president Patrick Lackenbucher, including the “successful execution of the show program, a sharpened strategical absorption and improved profitability.”

“Structural profitability remains a cardinal objective,” said Lackenbucher, the managing manager of Austrian instauration B&C Group—aka the existent bulk stakeholder of Lenzing—that’s been supporting the Austrian shaper done assorted efforts implicit the past 15 years. He was nominated for predetermination to the Lenzing supervisory committee successful March, designated to service arsenic president connected an interim basis.

“The managing committee volition proceed its relentless absorption connected improving Lenzing’s competitory position, its fiscal show and semipermanent worth instauration successful bid to fortify Lenzing’s presumption arsenic a planetary marketplace person successful sustainable cellulosic fibers,” Lackenbucher said.

Changes aside, absorption maintained its forecast for the existent fiscal year. For 2025, net earlier interest, taxes, depreciation and amortization (EBITDA) are inactive expected to beryllium “above the erstwhile year,” Lenzing said.

“Most marathon runners are alert of Galloway Run–Walk method. It is clip for maine to locomotion now,” Aggarwal said connected LinkedIn. “This is my clip to property the reset button, to recharge, to regenerate. I anticipation to look stronger and much adaptive than before.”