New chief financial officer at Lenzing
Austria-based fibre producer Lenzing has appointed a former chief financial officer (CFO) of Mercedes-Benz in Belgium to lead its restructuring over the next three years,
Thomas Riegler has held senior management positions in the Daimler Group and worked on the restructuring of the Chrysler marque. He spent three years as CFO of Centrotherm Photovoltaics and was most recently CFO and commercial director of air-conditioning systems manufacturer Spheros.
“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,” said Lenzing.
As of June 1, he joins CEO Peter Untersperger, chief operating officer Friedrich Weninger and chief commercial officer Robert van de Kerkhof on the board.
Image: Thomas Riegler joins Lenzing as chief financial officer
