Lenzing Aktiengesellschaft (LEN.DE)

65.80 +0.20 (+0.30%) At close: 05:35PM CET

Lenzing Aktiengesellschaft

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

Sector(s): Basic Materials
Industry: Chemicals
Full Time Employees: 8,428

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Robert van de Kerkhof M.B.A.	Member of Management Board	595k	N/A	1964
Mr. Stephan Helmut Sielaff	CEO & Member of Management Board	N/A	N/A	1966
Dr. Nico Reiner	CFO & Member of Management Board	N/A	N/A	1969
Mr. Christian Skilich L.L.M., M.B.A.	Member of Management Board	N/A	N/A	1968
Sebastien Knus	VP of Capital Markets & Investor Relation	N/A	N/A	N/A
Magistrate Dominic Kofner	VP Corp. Communications & Public Affairs	N/A	N/A	N/A
Mr. Gottfried Rosenauer	Head of Bus. Unit Energy	N/A	N/A	N/A
Mr. Wolfgang Plasser	Head of Bus. Unit Nonwoven Fibers	N/A	N/A	N/A
Mr. Johann Huber	Managing Director of Plastics	N/A	N/A	N/A
Mr. Johann Weber	Co-Head of Engineering Unit	N/A	N/A	N/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.