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DJ EANS-News: Lenzing AG / Thomas Obendrauf Starts Work as New CFO of Lenzing AG

01.03.16 09:37
Dow Jones Newswires

DJ EANS-News: Lenzing AG / Thomas Obendrauf Starts Work as New CFO of Lenzing AG

Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.

Board of Directors (Appointments and Changes)

Thomas Obendrauf MBA started work as the new Chief Executive Officer (CFO) of
Lenzing AG on March 1, 2016. Accordingly, he completes the three-member
Management Board of the world's leader fiber producer, which also includes CEO
Stefan Doboczky and CCO Robert van de Kerkhof.

Born in Styria, Austria, Thomas Obendrauf studied commercial science at the
Vienna University of Economics and Business Administration and at Chicago
University, where he acquired an MBA. He also qualified as a tax consultant in
Austria and as a Certified Public Accountant in the U.S.

Thomas Obendrauf previously served as CFO of the car dealership Wiesenthal
Autohandels AG, and also worked for twelve years as CFO and in other management
positions with circuit board manufacturer AT&S AG. On top of his outstanding
financial know-how, he gained comprehensive expertise in innovation management
in the U.S. As a proven expert on Asia, Thomas Obendrauf also brings to his new
job many years of operational management experience in developing and optimizing
sustainable business relationships in the Far East.

"We are pleased to have a recognized financial expert on the Management Board
team," says Lenzing CEO Stefan Doboczky. "In addition, the Lenzing Group can
benefit greatly from his extensive expertise on Asia."

Commenting on his appointment to the Management Board of Lenzing AG, Thomas
Obendrauf stated, "I have been able to obtain a good overview of Lenzing AG over
the past few months. I am very excited about serving in this highly responsible
position as CFO of an innovative company like Lenzing AG."

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end of announcement euro adhoc

(END) Dow Jones Newswires

March 01, 2016 03:37 ET (08:37 GMT)

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