EANS-News: Stephan Sielaff and Christian Skilich appointed to the Management Board of the Lenzing Group CNE

Thursday, 20. February 2020 15:30
  Corporate news transmitted by euro adhoc with the aim of a Europe-wide
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Lenzing expands its Management Board, naming a new CTO and an additional
Management Board member for "Pulp and Wood Raw Materials”

Management Changes/Company Information

Lenzing - The Supervisory Board of Lenzing AG, the world's leading producer of
botanic cellulose fibers, has appointed two new members to the company's
Management Board. 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 highest management body led by
Chairman Stefan Doboczky will be expanded to include a newly created Management
Board position for "Pulp and Wood Raw Materials" and will thus consist of five
members instead of four. Christian Skilich will assume the position of Member of
the Management Board for Pulp and Wood Raw Materials as at June 1, 2020.

"In the coming years our focus will be on achieving the strategic target of
strongly increasing our own supply of pulp in line with our corporate strategy
sCore TEN. By creating this new division, the composition of the Management
Board now also reflects this focus", says Peter Edelmann, Chairman of the
Supervisory Board of Lenzing AG.

Stephan Sielaff is a chemical engineer who gained experience in the chemical
industry in the years 1993 to 2014, holding various management positions for
Unilever and Symrise. Since 2014, he has worked for the Swiss specialty
chemicals company Archroma, an important supplier of the textile and paper
industry, as a Member of the Board of Directors and Chief Operating Officer
(COO).He has been responsible for forming the integrated operational structure
and the strategic development of the company.

Christian Skilich, who will assume management responsibility for the new Pulp
and Wood Raw Materials Division in the Lenzing Group, boasts outstanding
expertise in the field of paper and pulp technology. With a Master of Science in
Paper Technology and Engineering & Economics, he first held various positions in
the paper, packaging and glass industries. Since 2004, he has worked in a broad
range of management areas on behalf of the internationally operating Mondi
Group. Christian Skilich most recently served as Chief Operating Officer on
Mondi's Board of Directors, overseeing projects in the USA and Europe.

Photo download:
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Further inquiry note:
Filip Miermans
Vice President Corporate Communications & Investor Relations
Lenzing AG
Phone: +43 7672 701 2743
E-Mail: f.miermans@lenzing.com

end of announcement                         euro adhoc

issuer:       Lenzing AG

A-4860 Lenzing
phone:        +43 7672-701-0
FAX:          +43 7672-96301
mail:         office@lenzing.com
WWW:          http://www.lenzing.com
ISIN:         AT0000644505
indexes:      ATX, WBI
stockmarkets: Wien
language:     English

EAX0001    2020-02-20/15:30

Related Links: Lenzing AG
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