Circulose has announced key leadership changes to accelerate its mission for renewable textiles. Helena Helmersson has been appointed Chairman of the Board, while Jonatan Janmark takes over as Chief Executive Officer. Both will assume their roles on December 1, 2024.

Clara Zverina, Principal at Altor, highlighted the significance of the appointments, emphasizing that Helena Helmersson and Jonatan Janmark bring valuable expertise to advance Circulose as a global leader in circular textiles. She noted that their leadership would strengthen the foundation established by Magnus, who will remain in charge of operations following his successful term as interim CEO.

Helena Helmersson, former CEO of H&M Group, is recognized for her sustainability initiatives in the fashion industry. She expressed enthusiasm about joining Circulose, highlighting the alignment between the company's ambitious agenda and her extensive experience. Helmersson aims to work closely with Altor and the team to drive transformative change in the textile sector.

Jonatan Janmark, formerly a partner at McKinsey & Company, brings extensive experience in guiding apparel companies through sustainable transitions. He emphasized the importance of Circulose's mission to shift the textile industry from a linear to a circular model and highlighted the commitment of the team to driving this transformation despite the challenges ahead.

These strategic appointments signal Circulose’s commitment to advancing circular solutions in the textile sector, strengthening its position as a sustainability leader.