Spinnova’s Plc’s CEO changes – Ben Selby appointed as interim CEO


Spinnova’s Plc’s CEO changes – Ben Selby appointed as interim CEO

Spinnova Plc’s CEO Kim Poulsen steps down as CEO, and the company's Board of Directors has appointed CFO Ben Selby as interim CEO. Poulsen will leave the company's operational management as of today. The search for a new permanent CEO will commence immediately.

Mr. Selby starts as interim CEO as of 21 April 2023. He will simultaneously continue in his position as CFO. Selby has been CFO and a member of Spinnova’s Management Team since March 2021.

Jyväskylä, 21 April 2023
Spinnova Plc
Board of Directors

For further information, please contact:
Janne Poranen
Chairman of the Board
Tel. +358 40 013 8711

Certified advisor:
Aktia Alexander Corporate Finance Oy
Tel. +358 50 520 4098

Nasdaq Helsinki
Major media

SPINNOVA – Sustainable textile materials, naturally

Spinnova transforms the way textiles are manufactured globally. Based in Finland, Spinnova has developed breakthrough technology for making textile fibre out of wood or waste, such as leather, textile or agricultural waste, without harmful chemicals.

The patented SPINNOVA® fibre creates zero waste and side streams or microplastics, and its CO2 emissions and water use are minimal. SPINNOVA® materials are quickly biodegradable and circular. Spinnova is committed to using only sustainable raw materials such as FSC certified wood and waste. SPINNOVA® fibre is produced without harmful or complex chemical processes, and has the touch and feel of natural fibres such as cotton and linen.

Spinnova has received awards from e.g. the Fast Company, ISPO, Scandinavian Outdoor, ANDAM, Monocle and Marie Claire UK.

Spinnova’s shares (SPINN) are listed on the Nasdaq Helsinki First North Growth Market.

SPINNOVA® home: www.spinnova.com
Corporate & IR site: www.spinnovagroup.com