“With his international industrial expertise, his close to 10 years of management experience in Asia and his strong technical background, Stefan will strengthen the management board team and is ideally suited to lead the Lenzing Group towards further growth,” said Hanno Bästlein, chairman of the Nomination Committee of the Supervisory Board of Lenzing AG.

 

Added Doboczky: “As an Austrian corporation of international caliber, Lenzing AG stands for innovation and quality in the field of high-quality, manmade cellulose fibers. It will be a highly responsible and challenging task for me to make use of the company’s outstanding potential to further expand its technological leadership.”

 

Supervisory Board thanks Untersperger

 

Untersperger, 55, informed the Supervisory Board that he will not be available for an extension of his contract. He has worked for the Lenzing Group for 30 years, as CFO since 1999 and as CEO since 2009.

 

“With the outstanding expertise and the broad experience of Peter Untersperger as CEO, the Lenzing Group managed to successfully restructure the company despite the challenging international market, and to realize the state-of-the-art TENCEL® production plant in Lenzing,” Bästlein said.

 

Untersperger is leaving the company in good stead. Operational results (EBITDA) rose in 2014 vs. 2013 by more than 24 percent to approximately EUR 240 million. Over the past 18 months, Untersperger also has been responsible for the strategic repositioning of the group, which he put well on track. With his team he implemented a comprehensive, cost-optimization project, which in 2014 led to savings of more than EUR 130 million, double the planned amount.

 

Bästlein emphasized that Untersperger has earned the respect of employees, investors and clients in difficult times:

 

“On behalf of the whole corporation we thank Peter Untersperger for his exceptional performance and extraordinary achievements in the last 30 years,” he said. “He has shaped the development of the group decisively in his 15 years as executive. We wish him all the best for the future, both professionally and personally.”

 

Lenzing supplies the global textile and nonwovens industry with high-quality manmade cellulose fibers.

 

Source: Lenzing

 

ARCHIVES: Other people news here.

Stefan Doboczky 

Posted March 31, 2015

 

VIENNA – The Supervisory Board of Lenzing AG has appointed Stefan Doboczky as the new chairman of the management board and CEO of Lenzing AG.

 

Doboczky will assume his new function on June 1. He succeeds Peter Untersperger, who will step down as CEO on May 31 at his own volition.

 

Doboczky brings to Lenzing broad international management experience and extensive expertise in Asia. Since 1998 he has worked in various management positions for the Dutch Life Science & Material Science group Royal DSM in Europe and Asia. In his current role as member of the managing board he has been responsible for the successful strategic repositioning of the global pharmaceutical businesses for Corporate Operations & Responsible Care, as well as for the corporation’s growth agenda in the Asian markets.

 

Doboczky holds a Ph.D in chemistry from the TU Wien and a MBA from Swiss Business School IMD.