Lenzing AG Appoints Milena Ioveva to Newly Created Vice President Role to Strengthen Global Positioning and Sustainability Agenda
TL;DR
Lenzing AG appoints Milena Ioveva to enhance global market positioning and capital markets engagement, strengthening competitive advantage in sustainable fiber innovation.
Milena Ioveva brings 20 years of transformation expertise to Lenzing AG, reporting directly to the CEO to drive strategic communications and sustainability processes.
This appointment advances Lenzing's commitment to responsible fiber production and circular economy solutions for a more sustainable textile industry future.
Milena Ioveva joins Lenzing AG from PORR AG, bringing extensive capital markets and sustainability experience to pioneer innovative fiber solutions.
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Lenzing AG, a global leader in regenerated cellulose fibers, has appointed Milena Ioveva as Vice President of Corporate Communications, Sustainability, Investor Relations and Public Affairs, a newly created role that underscores the company's commitment to strengthening its global market positioning and advancing sustainability goals. Ioveva, who brings over 20 years of experience in transformation processes, capital markets, communications, and sustainability, will report directly to CEO Rohit Aggarwal and be based in Austria. This strategic move highlights Lenzing's focus on enhancing stakeholder engagement and driving value creation amid evolving international business dynamics.
CEO Rohit Aggarwal emphasized the importance of effective communication with stakeholders as Lenzing continues to expand globally, stating that Ioveva's proven track record in driving value during transitions and her expertise in capital markets and strategic positioning will be instrumental in realizing the company's ambitious vision. Ioveva expressed enthusiasm for joining Lenzing, citing the company's leadership in responsible fiber innovations as a strong motivation and viewing the role as an opportunity to broaden Lenzing's impact in a rapidly changing global landscape while contributing to value creation, efficiency, and sustainability.
Previously, Ioveva served as Company Spokesperson at PORR AG, where she led Group Communications, Strategy, Investor Relations, and Sustainability functions, and she holds a Master's degree in Business Administration from Vienna University of Economics and Business. Lenzing Group, known for its responsible production of specialty fibers and innovations in textiles and nonwovens, aims to drive the transition to a circular economy, with a science-based climate action plan targeting significant greenhouse gas reductions by 2030 and net-zero emissions by 2050, as detailed on their official website.
Curated from NewMediaWire
