Stephan Sielaff news and archive

Change of leadership at Lenzing: CEO Stephan Sielaff leaves at the end of August

The Austrian fiber producer Lenzing AG will implement the management change announced in June at the end of the month. On Wednesday, the group announced that CEO Stephan Sielaff will "leave Lenzing AG by mutual agreement with the Supervisory Board at the end of August 2024." Rohit Aggarwal will then take over the CEO position on September 1....

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Lenzing H1 revenues increase, cuts losses

The Lenzing Group revenue in the first half period grew by 4.8 percent to 1.31 billion euros due to higher revenue from fibres, up 9.3 percent. The company also announced that Rohit Aggarwal will replace Stephan Sielaff as CEO at the end of March 2025. “The Lenzing Group’s business performance continues to point in the right direction, even...

Business

Lenzing appoints Stephan Sielaff as CEO, Cord Prinzhorn returns as chairman

Lenzing AG has appointed Stephan Sielaff, the former CTO/COO of the company, as the new CEO effective April 01, 2022. He succeeds Cord Prinzhorn, who took over as interim CEO in the fourth quarter of 2021. The company said in a release that Lenzing AG chairman Peter Edelmann will leave the supervisory board effective April 26, 2022 and Cord...

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Lenzing appoints two new members to its management board

The Supervisory Board of Lenzing AG has appointed two new members to the company’s management board. The company said in a statement that Stephan Sielaff will serve as the new Chief Technology Officer effective March 1, 2020, succeeding Heiko Arnold, who left the Lenzing Group in November 2019. At the same time, Lenzing’s management body led by...