⬤ Rohit Aggarwal to take over as CEO of Lenzing AG as of September 1, 2024
⬤ Stephan Sielaff will leave at the end of August 2024
Lenzing – The Management Board’s membership is altered by The Lenzing Group, a top provider of regenerated cellulose fibers to the textile and nonwovens industries. CEO Rohit Aggarwal will join the Management Board on September 1, 2024. The company’s departing CEO, Stephan Sielaff, has mutually agreed to leave Lenzing at the end of August 2024 with the Supervisory Board.
New CEO Strategic business economist Rohit Aggarwal is a global expert in the field with several decades of experience holding executive roles in the chemical and textile industries. With global management positions in Europe, the USA, and Asia, Rohit Aggarwal has developed a strong grasp of the strategic development of foreign markets and the formation of effective management teams. Because of his extensive background in the international textile, non-woven, and fiber sectors, he is knowledgeable about every aspect of Lenzing’s primary business, both geographically and conceptually.
Cord Prinzhorn, Chairman of the Lenzing Supervisory Board: “We have overseen a very competent and seamless handoff from Stephan Sielaff to his successor this summer.” I want to express my gratitude to Stephan for his accomplishments in forging a route of significant advancements during a time of many difficulties for the business. We have identified Rohit Aggarwal as the ideal candidate to oversee the challenging work left to be done.
Stephan Sielaff: “We see a better Lenzing today as a result of the tremendous efforts made by the entire team globally in a market that is still extremely difficult.” I want to thank everyone who has supported me during my journey in Lenzing. I firmly believe that we have set the groundwork for Lenzing to have a bright future.
Rohit Aggarwal: “I am grateful to Stephan Sielaff for the meticulous transfer of responsibilities, and I am eager to collaborate closely with the Lenzing team going forward.” In concert with the entire management team and all of our colleagues at Lenzing, we will steer the business in the direction of a prosperous future as a major force in the sustainable textile industry.
