Rohit Aggarwal Exits Lenzing; Interim Board to Lead

Core Insights - Rohit Aggarwal has resigned as CEO of Lenzing for personal reasons, effective at the end of January, but will remain as an advisor until September 2026 [1][2] - Lenzing will be led by a three-member managing board on an interim basis until a new CEO is appointed [3] - The supervisory board acknowledged Aggarwal's contributions, including improved profitability and strategic focus during his tenure [5] Management Transition - The interim managing board consists of CFO Nico Reiner, Chief Pulp and Chief Technology Officer Christian Skilich, and COO Georg Kasperkovitz [3] - An executive committee (ExCo) will be established, including the interim managing board members and senior commercial managers [4] Strategic Focus - The company aims to maintain its focus on improving competitive position, financial performance, and long-term value creation [6] - Lenzing's financial forecast remains unchanged, with EBITDA expected to be above the previous year for 2025 [6]