Lenzing AG Appoints Milena Ioveva to Newly Created VP Role Integrating Communications, Sustainability and Investor Relations

Lenzing AG, a global leader in regenerated cellulose fibers, has appointed Milena Ioveva as Vice President Corporate Communications, Sustainability, Investor Relations and Public Affairs. This newly created position represents a strategic consolidation of key functions that will report directly to CEO Rohit Aggarwal from the company's Austrian headquarters.

The appointment underscores Lenzing's commitment to strengthening its global market positioning, enhancing capital markets engagement, and advancing the global sustainability agenda. Ioveva brings over 20 years of experience in driving businesses toward improving total value for diverse stakeholders, with extensive expertise in transformation processes, capital markets, communications, and sustainability.

CEO Rohit Aggarwal emphasized the strategic importance of this role, stating that effective communication with all stakeholders will be paramount as Lenzing continues to evolve its business internationally. Ioveva's proven track record in driving value during transitions, combined with her expertise in capital markets and strategic positioning, is expected to be instrumental in realizing the company's ambitious vision.

Ioveva expressed enthusiasm for joining a company at the forefront of responsible fiber innovations, viewing this as an opportunity to broaden Lenzing's impact in a rapidly evolving global landscape. She highlighted her commitment to contributing to the company's value creation journey and working with the talented team to pioneer solutions that deliver greater value, efficiency, and sustainability.

Previously, Ioveva served as Company Spokesperson at PORR AG, where she led Group Communications, Strategy, Investor Relations, and Sustainability functions. She holds a Master's degree in Business Administration from Vienna University of Economics and Business. Additional information about the company can be found at https://www.lenzing.com.

The Lenzing Group stands for the responsible production of specialty and premium fibers based on regenerated cellulose, serving as an innovation leader and partner to global textile and nonwoven manufacturers. The company's business model extends beyond traditional fiber production, focusing on developing innovative products along the value chain and driving solutions for the textile industry's transition from a linear to a circular economy.

Lenzing has established a science-based climate action plan aligned with the Paris Agreement goals, committing to significant reductions in greenhouse gas emissions by 2030 and a net-zero target by 2050. The company reported 2024 revenue of EUR 2.66 billion, nominal fiber capacity of 1,110,000 tonnes, and employs 7,816 full-time equivalent staff globally.