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Circulose names former H&M CEO as its new board chair

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Swedish textile fibre recycler Circulose has announced the appointment of Jonatan Janmark (l) and Helena Helmersson to its executive team.
Swedish textile fibre recycler Circulose has announced the appointment of Jonatan Janmark (l) and Helena Helmersson to its executive team.

After entering bankruptcy in February and being acquired by investor Altor this spring, Swedish textile fibre recycler Circulose has announced the appointment of Helena Helmersson and Jonatan Janmark to its executive team. Effective 1 December, Ms Helmersson will take on the role of board chairwoman at Circulose, the former Renewcell, and Jonatan Janmark is to become the company's CEO. Magnus Lundmark, who has served as interim CEO "through an intensive year" is to continue to lead operations moving forward, according to the announcement....

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