MIKEL T. DODD NAMED LENZING FIBERS HEAD
NEW YORK — Lenzing Fibers Corp. said Monday that Mikel T. Dodd has been named president and chief executive officer.
He succeeds Harald Schneider, who will return to Lenzing AG, parent company of the rayon producer, to assume an undetermined management position.
Dodd reports to Heinrich Stepniczka, president and ceo of Lenzing AG, based in Lenzing, Austria.
“This move is part of a normal rotation in the management leadership of the company,” Stepniczka said in a statement. “With the completion of the initial technical phase, we are now engaged in the refinement of the marketing issues.”
Lenzing, the world’s leading rayon producer, at about 550 million pounds, entered the U.S. market in July 1992 when it acquired BASF Corp.’s rayon facility at Lowland, Tenn. At that time, Schneider was tapped to head the company’s domestic rayon push.
Currently Lenzing makes about 125 million pounds at Lowland.
The company has built slightly on BASF’s U.S. market share so that it is now at about 40 percent. Courtaulds Fibers is the leading U.S. rayon producer, at about 250 million pounds.
Dodd, who joined Lenzing AG in 1992, has served in various corporate capacities, most recently as director of internal operations. Dodd will continue to have those responsibilities.
Prior to heading up Lenzing Fibers, Schneider was president and ceo of Allco Chemical Corp., Dallas, a Lenzing-owned company.