Lifestyle

Longtime Lenzing Chief Executive Stefan Doboczky to Exit

Doboczky will step down on Sept. 30 after he and the fiber manufacturing firm agreed to finish his contract, Lenzing mentioned in an announcement at the moment. Twine Prinzhorn, chief government of Australian paper producer Prinzhorn Group, has been appointed interim CEO. Prinzhorn is a member of Lenzing’s supervisory board and is anticipated to carry the put up till a successor is discovered.

Doboczky not too long ago knowledgeable the corporate’s supervisory board that he won’t be accessible for an additional extension of his contract, an announcement from the corporate famous. The 80-year-old firm, which provides the worldwide textile and nonwovens business with Lyocell, Modal & Viscose fibers, had reappointed Doboczky to the highest put up in 2017. His new contract started on June 1, 2018 and was anticipated to run till the tip of 2022.

Lenzing stays on monitor to satisfy its monetary steerage for the complete 12 months 2021, the corporate mentioned. Lenzing had not too long ago been making progress in its efforts towards higher supply chain transparency. It makes use of renewable uncooked materials wooden — greater than 99 % of its wooden comes from sustainably managed forests — to provide pulp for its fibers and biorefinery merchandise and co-products.

https://www.businessoffashion.com/news/know-how/longtime-lenzing-chief-executive-stefan-doboczky-to-exit | Longtime Lenzing Chief Government Stefan Doboczky to Exit

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