Lenzing CEO Rohit Aggarwal Resigns, New Executive Committee Announced
Lenzing AG announced that Managing Board Member and Chief Executive Officer Rohit Aggarwal has informed the Supervisory Board of his decision to step down for personal reasons, effective 31 January 2026.
To ensure a smooth transition, he will continue to serve as an advisor to the company until September 2026. The Supervisory Board expressed its gratitude for his leadership and the progress made during his tenure.
Following his departure, Lenzing AG will be managed by a three-member Managing Board. In line with its ongoing organizational development and sharpened premiumization strategy, the company will also form a new Executive Committee (ExCo) comprising six members.
Alongside the three Managing Board members, the ExCo will include senior commercial leaders Patricia Sargeant (Nonwovens Fibers), Yann Lepage (Textile Fibers), and Anton Putz (Pulp). The new structure is intended to strengthen Lenzing’s commercial focus in high-performance fiber segments and reinforce its position as the leading integrated premium supplier of regenerated cellulosic fibers.
The Supervisory Board has initiated the process to appoint a new CEO, with an announcement to follow in due course.
Supervisory Board Chairman Patrick Lackenbucher thanked Aggarwal for his contributions, highlighting achievements such as the successful execution of the performance program, strategic alignment, and enhanced profitability.
He reaffirmed that structural profitability remains a top priority, with the Managing Board committed to improving Lenzing’s competitive standing, financial performance, and long-term value creation.
Based on current business performance and market conditions, the Managing Board confirmed its 2025 EBITDA guidance, projecting year-on-year EBITDA growth in 2025.
