The Supervisory Board of Lenzing AG appointed Thomas Riegler to serve as the company’s new CFO for a period of three years effective June 1, 2014.

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Lenzing AG appoints Thomas Riegler as CFO

Apr 07, 2014. /Lesprom Network/. The Supervisory Board of Lenzing AG appointed Thomas Riegler to serve as the company’s new CFO for a period of three years effective June 1, 2014, as the company said in the press release received by Lesprom Network.

Thomas Riegler worked for Roland Berger Strategy Consultants and held top international management positions in the Daimler Group. For example, he contributed his expertise to the restructuring of Chrysler, and served as CFO of Mercedes-Benz Belgium Luxembourg N.V. Subsequently he spent three years as the CFO of the publicly listed company Centrotherm Photovoltaics AG, and most recently as CFO and Commercial Director of Spheros Holding GmbH.

Thomas Riegler has excellent contacts to international banks and financial institutions, and boasts capital market expertise along with experience with companies undergoing a phase of transformation, operational and strategic reorientation or restructuring.

As a consequence, the Management Board of Lenzing AG will consist of four members as of June 1, 2014: Peter Untersperger (Chairman of the Management Board, CEO), Friedrich Weninger (Member of the Management Board, COO), Robert van de Kerkhof (Member of the Management Board, CCO) and Thomas Riegler (Member of the Management Board, CFO).

Lenzing supplies the global textile and nonwovens industry with high-quality man-made cellulose fibers. The portfolio ranges from dissolving pulp, standard and specialty cellulose fibers to engineering services.