EQS-News: Lenzing AG extends Christian Skilich’s Management Board mandate until 2029 – Mathias Breuer promoted to CFO with January 1, 2026

EQS-News: Lenzing AG / Key word(s): Personnel
Lenzing AG extends Christian Skilich’s Management Board mandate until 2029
– Mathias Breuer promoted to CFO with January 1, 2026

19.09.2025 / 08:05 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Lenzing AG extends Christian Skilich’s Management Board mandate until 2029
– Mathias Breuer promoted to CFO with January 1, 2026

• Christian Skilich has been a member of the Lenzing Management Board as
Chief Pulp & Chief Technology Officer since June 2020 and, among
others, is responsible for the Pulp business area. His Management
Board mandate, originally set to run until May 31, 2026, has been
extended by three additional years until May 31,2029.

 

• Mathias Breuer, Senior Vice President and responsible for the
performance program, will become the new Chief Financial Officer on
January 1, 2026. This follows the decision of the current CFO, Nico
Reiner, not to extend his mandate, which expires at the end of 2025.

 

Lenzing, September 19, 2025 – The Supervisory Board of Lenzing AG has
extended the standing management board mandate of Chief Pulp & Chief
Technology Officer Christian Skilich, running until May 2026, by three
additional years until May 31, 2029.

 

Christian Skilich has been a member of the Management Board of Lenzing AG
since June 2020. As Chief Pulp & Chief Technology Officer, his
responsibilities, among others, include Pulp Commercial and Operations,
Co-Products & Wood as well as Global HSE, Purchasing, and Innovation.

 

Patrick Lackenbucher, Chairman of the Supervisory Board of Lenzing AG,
says: “We are delighted that Christian Skilich will continue to serve as
member of Lenzing AG’s Management Board going forward. The pulp business
under his leadership is an important and successful profit driver and
underpins the company’s integrated business model. The innovation
portfolio, which falls within his area of responsibility as well, will
play a key role in shaping the future of Lenzing AG.”

 

CFO Nico Reiner will not renew his contract at the end of 2025. Mathias
Breuer to become new CFO in 2026

CFO Nico Reiner has informed the Supervisory Board of Lenzing AG that he
will not be available to extend his Management Board mandate, which
expires on December 31, 2025. The Supervisory Board respects his decision
and thanks Nico Reiner for his outstanding achievements on the Management
Board of Lenzing AG, which, in addition to significant improvements in
earnings, also included the successful completion of major refinancing
projects in recent years.

 

Supervisory Board Chairman Lackenbucher says: “We would like to thank Nico
Reiner for his commitment and outstanding achievements as Chief Financial
Officer of Lenzing AG. Nico Reiner has made a significant contribution to
improving earnings and optimizing the financing structure of Lenzing AG.
His prudence and expertise have contributed significantly to the stability
and future of the company in a challenging macroeconomic environment.”

 

Mathias Breuer (42) will become new Chief Financial Officer on January 1,
2026. Breuer has been part of the management team at Lenzing AG since 2023
and has been instrumental for the development and successful
implementation of the company-wide performance program. Prior to that, he
served as CFO of the packaging group Adapa and as CFO of the Sempermed
division of Semperit AG Holding.

 

Lackenbucher: “With Mathias Breuer, an experienced Lenzing manager and
financial expert will join the company’s Management Board as CFO in 2026.
The fact that we can fill this position internally speaks for the quality
of the management team at Lenzing AG. With the appointment of Mathias
Breuer, we are ensuring a continued focus on the implementation and
further development of the ongoing performance measures, to further
strengthen the profitability and competitiveness of Lenzing AG in the
global market.”

 

“I would like to thank Nico Reiner for his commitment during a crucial
phase at Lenzing AG. He has further developed our financial organization
and thus contributed significantly to the company’s success,” adds CEO
Rohit Aggarwal. “At the same time, I welcome the decision of the
Supervisory Board – with Mathias Breuer, we are gaining an outstanding
financial expert who is deeply familiar with our company and industry. He
has played a central role in the company’s transformation process so far
and is ideally suited to shape the next phase of our financial strategy.”
 

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Your contact for
Media Relations:
 
Phone  +43 7672 701 2743
E-mail    [2]media@lenzing.com
Web       [3] www.lenzing.com

 

About the Lenzing Group
 
The Lenzing Group stands for the responsible production of specialty and
premium fibers based on regenerated cellulose. As an innovation leader,
Lenzing is a partner of global textile and nonwoven manufacturers and
drives many new technological developments. The Lenzing Group’s
high-quality fibers are the raw material for a wide range of textile
applications – ranging from functional, comfortable, and fashionable
clothing through to durable and sustainable home textiles. TÜV-certified
biodegradable and compostable Lenzing fibers are also ideal for demanding
use in everyday hygiene applications.
 
The Lenzing Group’s business model extends far beyond that of a
traditional fiber producer. Together with its customers and partners,
Lenzing develops innovative products along the value chain, adding value
for consumers. The Lenzing Group strives for efficient utilization and
processing of all raw materials and offers solutions for the transition of
the textile industry from the current linear economic system to a circular
economy. In order to align its commitment to limiting man-made climate
change with the goals of the Paris Agreement, Lenzing has a clear,
science-based climate action plan that provides for a significant
reduction in greenhouse gas emissions (Scopes 1, 2, and 3) by 2030 and a
net-zero target by 2050.
 
Key Facts & Figures Lenzing Group 2024
Revenue: EUR 2.66 bn
Nominal capacity (fibers): 1,110,000 tonnes
Employees (full-time equivalents): 7,816
 
TENCEL™, LENZING™ ECOVERO™, VEOCEL™, LENZING™, and REFIBRA™ are trademarks
of Lenzing AG.

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19.09.2025 CET/CEST This Corporate News was distributed by EQS Group.
www.eqs.com

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Language: English
Company: Lenzing AG
4860 Lenzing
Austria
Phone: +43 7672-701-0
Fax: +43 7672-96301
E-mail: office@lenzing.com
Internet: www.lenzing.com
ISIN: AT0000644505
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 2200058

 
End of News EQS News Service

2200058  19.09.2025 CET/CEST

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References

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2. media@lenzing.com
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