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Lenzing Aktiengesellschaft (LEN.DE)

XETRA - XETRA Delayed Price. Currency in EUR
65.80+0.20 (+0.30%)
At close: 05:35PM CET
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Lenzing Aktiengesellschaft

Werkstrasse 2
Lenzing 4860
Austria
43 7672 7010
https://www.lenzing.com

Sector(s)Basic Materials
IndustryChemicals
Full Time Employees8,428

Key Executives

NameTitlePayExercisedYear Born
Mr. Robert van de Kerkhof M.B.A.Member of Management Board595kN/A1964
Mr. Stephan Helmut SielaffCEO & Member of Management BoardN/AN/A1966
Dr. Nico ReinerCFO & Member of Management BoardN/AN/A1969
Mr. Christian Skilich L.L.M., M.B.A.Member of Management BoardN/AN/A1968
Sebastien KnusVP of Capital Markets & Investor RelationN/AN/AN/A
Magistrate Dominic KofnerVP Corp. Communications & Public AffairsN/AN/AN/A
Mr. Gottfried RosenauerHead of Bus. Unit EnergyN/AN/AN/A
Mr. Wolfgang PlasserHead of Bus. Unit Nonwoven FibersN/AN/AN/A
Mr. Johann HuberManaging Director of PlasticsN/AN/AN/A
Mr. Johann WeberCo-Head of Engineering UnitN/AN/AN/A
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Lenzing Aktiengesellschaft produces and markets wood-based cellulosic fibers for the textile and nonwoven sectors in Austria, rest of Europe, Asia, the Americas, and internationally. The company operates through Division Fiber, Division Pulp, and Others segments. It offers lyocell fibers for applications in sportswear, home textiles, and mattresses, as well as hygiene articles such as wet wipes and baby wipes; modal fibers; viscose fibers for use in clothing fabrics, wipes, tampons, and wound dressings; and filament yarns under the LENZING, TENCEL, VEOCEL, and LENZING ECOVERO brand names. The company also provides biorefinery products comprising acetic acid biobased, furfural biobased, magnesium lignosulphonate biobased, soda ash, sodium sulphate, and xylose. It also operates in the field of mechanical and plant engineering; engages in the training and personnel development activities; and provides engineering services. The company was formerly known as Chemiefaser Lenzing AG and changed its name to Lenzing Aktiengesellschaft in 1984. Lenzing Aktiengesellschaft was founded in 1892 and is headquartered in Lenzing, Austria.

Corporate Governance

Lenzing Aktiengesellschaft’s ISS Governance QualityScore as of January 28, 2023 is 9. The pillar scores are Audit: 7; Board: 7; Shareholder Rights: 1; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.
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