The Lenzing Group held its 82nd Annual General Meeting on April 23, 2026, where shareholders granted formal discharge to the Managing Board and Supervisory Board for the 2025 financial year and approved the remuneration for Supervisory Board members for 2026. The meeting also saw the re-election of three key Supervisory Board members and the appointment of KPMG Austria GmbH as auditor for the 2026 fiscal year.
Dr. Astrid Skala-Kuhmann, Mag. Gerhard Schwartz and Mag. Helmut Bernkopf were each re-elected to the Supervisory Board, serving until the Annual General Meeting that will resolve on the discharge for the 2030 financial year. The re-elections underscore a commitment to continuity and stability in the company's corporate governance, according to the Lenzing Group.
Following the Annual General Meeting, the Supervisory Board held a constitutive meeting and re-elected Patrick Lackenbucher as Chairman. Carlos de Almeida was elected First Deputy Chairman and Stefan Fida as Second Deputy Chairman. The Supervisory Board now comprises ten shareholder-elected members and five delegates from the Works Council.
The meeting also discussed the company's financial performance and strategic direction. Lenzing reported revenue of EUR 2.60 billion and a nominal fiber capacity of 1,110,000 tonnes in 2025, with 7,738 employees. The company is a leader in producing specialty fibers from regenerated cellulose, with a strong focus on sustainability. Lenzing's fibers, marketed under brands such as TENCEL™, LENZING™ ECOVERO™, and VEOCEL™, are used in textiles and nonwovens, and are certified biodegradable and compostable.
This governance stability comes as Lenzing pushes forward with its climate action plan. The company has a science-based target to significantly reduce greenhouse gas emissions (Scopes 1, 2, and 3) by 2030 and achieve net-zero by 2050, aligning with the Paris Agreement. The re-election of experienced board members ensures continued oversight of these ambitious environmental goals.
KPMG Austria GmbH was appointed as auditor for the 2026 annual and consolidated financial statements, as well as for consolidated sustainability reporting. This appointment is critical as investors increasingly scrutinize corporate sustainability claims.
The resolutions from the 82nd Annual General Meeting signal a steady hand at the helm of Lenzing, a company navigating the complex transition to a circular economy in the textile industry. With a clear mandate from shareholders and a consistent board, Lenzing is positioned to pursue its strategy of innovation and sustainability without disruption.
For more details, the original release is available at https://www.newmediawire.com. Photos from the event can be accessed at Lenzing's media database.
