Lenzing AG, the Austrian fibre producer, has named Georg Kasperkovitz as its new Chief Executive Officer, starting June 1, 2026. This leadership change is part of the company’s ongoing efforts to boost profitability, grow its premium product range, and strengthen its place in the global fibre market.
Kasperkovitz joined Lenzing’s Management Board in June 2025 and will keep his role as Chief Operating Officer while also becoming CEO. The Supervisory Board chose him after a thorough search that considered both internal and external candidates.
Lenzing says Kasperkovitz has been central to improving the company’s operations over the past year. As head of the Fibre Division, he led sales, production, supply chain management, and performance improvement projects. His leadership brought clear gains in efficiency and profitability at the company’s fibre production sites.
Supervisory Board Chairman Patrick Lackenbucher called the appointment a natural next step, pointing to Kasperkovitz’s strong track record and teamwork with the management team. He said Kasperkovitz has delivered real improvements during a tough time for the industry, making him a good choice to lead the company.
As CEO, Kasperkovitz will manage global fibre production, sales, supply chain, and human resources. His term will last until May 2029.
Lenzing plans to focus more on premium products and high-margin markets. Kasperkovitz sees strong growth potential in nonwoven fibres for hygiene and filtration, which are in high demand worldwide. He also stressed the need to develop new technologies like Tree-to-Textile to create more sustainable textile solutions.
At the same time, the company intends to implement additional measures to improve its cost structure and enhance global competitiveness. The existing management team will remain unchanged, with Mathias Breuer continuing as Chief Financial Officer and Christian Skilich serving as Chief Pulp Officer and Chief Technology Officer.
Kasperkovitz has broad international business experience. He studied mechanical engineering at the Vienna University of Technology and earned an MBA from Harvard Business School. He has held senior roles at Mondi plc, Rail Cargo Austria AG, and McKinsey & Company.
This appointment comes at a good time for Lenzing. The company returned to profit in the first quarter of 2026 after three quarters of losses. EBITDA was €116.3 million and net profit was €24 million. Revenue fell by about 10 percent year-over-year to €615.7 million, but the better earnings show that restructuring and efficiency steps are starting to work.
With a renewed leadership mandate and a clear strategic direction, Lenzing is positioning itself for long-term growth in an increasingly competitive and sustainability-focused global fibre market.
