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Corporate Update

Lenzing Inducts Rohit Aggarwal As Member Of Management Board And Designated CEO

• By  Textile Excellence
• June 28, 2024

Lenzing’s Supervisory Board has appointed Rohit Aggarwal as a new member of the Management Board of the company. He will assume responsibility of the fiber division during the third quarter of the year and will take over as the CEO of Lenzing Group after the incumbent Chief Executive Officer Stephan Sielaff’s contract expires at the end of March 2025.

Rohit Aggarwal is a strategic business leader with several decades of experience in leading positions in the textile and chemical industry. He has a sound understanding of the strategic development of international markets and establishment of efficient management teams through global management positions in Europe, USA and Asia.

Expressing happiness on the development, Cord Prinzhorn, Chairman of Lenzing’s Supervisory Board said “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.”

Current CEO 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, Member of the Management Board and designated CEO of the Lenzing Group said “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.”

Rohit Aggarwal is a strategic business leader with several decades of experience in leading positions in the textile and chemical industry. He has a sound understanding of the strategic development of international markets and establishment of efficient management teams through global management positions in Europe, USA and Asia.