“On behalf of the entire company, we would like to thank Friedrich Weninger for his decades of committed work and his extraordinary achievements as an employee and as a Management Board member of the company“, says Michael Junghans, Chairman of the Supervisory Board of Lenzing AG. ”Recently the company profited from his experience and expertise as Chief Operating Officer, especially with respect to the successful restructuring of the Group as well as the planning and successful startup of the new Tencel plant in Lenzing. We are pleased that Friedrich Weninger will continue to support the company in an advisory capacity”.

Starting at the beginning of the year 2015, the tasks previously assigned to Mr. Weninger will be carried out by the remaining Management Board members Peter Untersperger (CEO), Robert van de Kerkhof (CCO) and Thomas Riegler (CFO).