Fiber company Lenzing expands its board of directors

Fiber company Lenzing expands its board of directors

The listed fiber manufacturer Lenzing is expanding its board of directors to include a fourth member on April 15: Walter Bickel will be responsible for the group’s savings and earnings increase program as “Chief Transformation Officer”. As reported, Lenzing AG had to make high special depreciations and recorded a loss of around 600 million euros in 2023.

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