Lenzing Aktiengesellschaft (0NCV.IL)

30.86 +0.26 (+0.85%) At close: 05:38PM BST

Lenzing Aktiengesellschaft

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

Sector(s): Basic Materials
Industry: Chemicals
Full-time employees: 8,162

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Robert van de Kerkhof M.B.A.	Chief Sustainability Officer & Member of Management Board	595k	N/A	1964
Mr. Stephan Helmut Sielaff	CEO & Chairman 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.	Chief Pulp & Technology Officer and 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. Johann Huber	Managing Director of Plastics	N/A	N/A	N/A

Amounts are as of 31 December 2019, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Lenzing Aktiengesellschaft, together with its subsidiaries, 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 textiles products, such as denim, sports and outdoor wear, and lingerie and underwear; hygiene articles, which include baby wipes, facial sheet masks, and surface cleaning; and protective wear, engineered products, and packaging products 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 engages in the training and personnel development activities. 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 1 October 2023 is 9. The pillar scores are Audit: 9; Board: 6; Shareholder rights: 10; 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 10 indicates higher governance risk.