The Austrian textile company said Monday that Kasperkovitz will manage the company-wide fiber production sites and take over the management of the site in Lenzing.

Kasperkovitz has more than 15 years of experience in various management functions in Europe, North America and Asia, which represent the group's most important production regions and markets.

He previously served as business unit chief executive officer at the London-listed paper-and-packaging company Mondi and chief executive of Rail Cargo Austria.