November 22, 2024
Corporates

Lenzing Group Appoints Rohit Aggarwal As New CEO

The Supervisory Board of Lenzing Group, a leading supplier of regenerated cellulose fibers for the textile and nonwovens industries, has appointed Rohit Aggarwal as a new member of the Management Board. He will assume responsibility for the fiber division during the third quarter. Following Stephan Sielaff’s departure, Aggarwal will take over as CEO of Lenzing Group.

Rohit Aggarwal brings several decades of strategic business experience in the textile and chemical industries. He has a deep understanding of international market development and has held significant global management positions in Europe, the USA, and Asia. His expertise in the global textile and fiber market aligns well with Lenzing’s core business operations.

Stephan Sielaff, the current CEO of Lenzing Group, will leave the company by the end of March 2025 to pursue new opportunities.

Cord Prinzhorn, Chairman of the Supervisory Board at Lenzing Group, expressed his gratitude: “First and foremost, I would like to thank Stephan Sielaff, who steered the company through an extraordinarily challenging phase, marked by multiple crises, with a steady and tireless hand. With Rohit Aggarwal, we have gained an international leader with profound knowledge of the textile markets, from raw materials to the processing of environmentally friendly fibers. On behalf of the entire Supervisory Board, I am pleased that we have successfully appointed Rohit Aggarwal as a member of the Managing Board for the fiber division, and subsequently as Chief Executive Officer of the Lenzing Group.”

Reflecting on his tenure, Stephan Sielaff said: “The last, very eventful years have been characterized by incredible energy and change at Lenzing. These massive efforts and the resulting developments are just beginning to pay back. I am convinced that they have laid the foundation for an outstanding future for Lenzing. It fills me with pride and gratitude to have played my part in a fantastic company with great employees.”

Rohit Aggarwal shared his enthusiasm for the new role: “I am very much looking forward to the new role and the opportunity to strengthen Lenzing as a leading player in the sustainable fiber industry in the coming years. Building on the strong foundation already in place, it is my privilege to be working alongside the team at Lenzing to further expand the business and grow its iconic brands to their full potential.”

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