Curated News
By: NewsRamp Editorial Staff
September 03, 2025
Lenzing Appoints Milena Ioveva as VP to Drive Sustainability and Communications
TLDR
- 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.
Impact - Why it Matters
This appointment matters because Lenzing is a major player in the textile fiber industry, producing materials used in clothing, home textiles, and hygiene products worldwide. As consumers increasingly demand sustainable and responsibly produced goods, leadership decisions at companies like Lenzing directly influence the availability and quality of eco-friendly products. Ioveva's focus on sustainability and stakeholder communication signals stronger corporate responsibility efforts that could lead to more transparent supply chains, improved environmental practices, and better investment opportunities in the green textile sector, ultimately affecting both conscious consumers and investors seeking sustainable options.
Summary
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 in a strategic move to strengthen its market positioning. This newly created role, reporting directly to CEO Rohit Aggarwal, underscores the company's commitment to enhancing capital markets engagement and advancing its global sustainability agenda. Ioveva brings over 20 years of experience in transformation processes, capital markets, communications, and sustainability, having previously served as Company Spokesperson at PORR AG where she led Group Communications, Strategy, Investor Relations, and Sustainability functions.
CEO Rohit Aggarwal expressed enthusiasm about Ioveva's appointment, noting that her proven track record in driving value during transitions and extensive expertise in capital markets will be instrumental in realizing Lenzing's ambitious vision. Ioveva herself described the opportunity as a "stronger motivation to work for a company at the forefront of responsible fiber innovations" and expressed excitement about broadening Lenzing's impact in the rapidly evolving global landscape. The appointment signals Lenzing's evolution as an international business where effective stakeholder communication becomes paramount to their value creation journey.
The Lenzing Group, known for its TENCEL™, LENZING™ ECOVERO™, VEOCEL™, and REFIBRA™ trademarked fibers, stands as an innovation leader in responsible specialty fiber production with 2024 revenue of EUR 2.66 billion and over 7,800 employees globally. The company's business model extends beyond traditional fiber production, focusing on developing innovative products along the value chain and driving the textile industry's transition from a linear to a circular economy. This leadership appointment was announced through NEWMEDIAWIRE and can be viewed on their platform, reflecting the company's commitment to transparent stakeholder engagement.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Lenzing Appoints Milena Ioveva as VP to Drive Sustainability and Communications
