Lenzing Extends Management Board Mandate of Friedrich Weninger

Lenzing, (PresseBox) - The Supervisory Board of Lenzing AG has extended the Management Board mandate of Friedrich Weninger (54) for a further three years until the end of 2014. Friedrich Weninger serves as Chief Operating Officer (COO) and is accordingly responsible for the business operations of the Lenzing Group (except Engineering). Friedrich Weninger has been working for Lenzing for 22 years.

As a result of this decision, the Management Board of Lenzing AG will continue to consist of Peter Untersperger (Chairman and CEO), Friedrich Weninger (COO) and Thomas G. Winkler (CFO).

Lenzing AG

The Lenzing Group is an international group of companies with headquarters in Austria, production sites in all major markets and a global network of sales and marketing offices. Lenzing provides the global textile and nonwovens industry with high-quality man-made cellulose fibers based on the renewable resource wood.

Lenzing quality and Lenzing innovative power set standards for man-made cellulose fibers world-wide. More than seventy years of fiber production expertise make us the only producer world-wide of all three man-made cellulose fiber generations, from classic viscose to modal and lyocell. Lenzing's unique combination of consistent customer orientation with leadership in quality, innovation and technology is the foundation of our success.

Lenzing is committed to the principles of sustainable management and very high environmental standards.

Lenzing's core business fibers and plastics are complemented by our activities in business field engineering.

Key Figures Lenzing Group 2010:
Sales: EUR 1.77 bill.
Export share: 91.3 %
Fiber production: 653,717 tons
Staff: 6,530

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