Helena Helmersson, former CEO of H&M, becomes president of the recycled fiber company Circulose, while Jonatan Janmark will accompany her in the position of CEO.
The brand specialized in recycled textile fibers Circuloserescued by the Swedish fund Altor Equity, has announced the appointment of its new president and new CEO, rescuing talent from the H&M group.
From left to right, Jonatan Janmark and Helena Helmersson, new directors of Circulose.
The new president will be Helena Helmerssonwho held the position of CEO at H&M for four years. will accompany her Jonathan Janmark as CEO of Circulose, coming from the consulting firm McKinsey & Company. They will take office starting next December 1.
Helmersson has an extensive career in the fashion industry, holding various roles as a promoter of the sustainability leadership. She recently held that position as CEO at the H&M group. For its part, Janmark provides experience in the textile and consumer sector at a business level.
«I am delighted to join Circulose as President. we have a ambitious agenda ahead and a talented team willing to make it a reality. I am pleased to work with the Altor team. Our association will benefit from its industrial heritage and helping businesses grow«, Helmersson declared.
«Over the past few years, I have been fortunate to help companies navigate the transition to sustainability in the textile and apparel industry. The opportunity to join Circulose is an exciting challenge. With a strong team, we will focus on strengthening the brand to unlock the necessary change to a circular textile industry«, commented the new CEO.
Clara Zverinadirector of Altor, also dedicated a few words to the new signings. «A challenging brand like Circulose needs experienced leaders to drive change in the textile industry. We are proud to have Helena and Jonatan. Their experience and knowledge are key to having a stable and successful path. They will form a great team with Magnus Lundmarkcurrent interim CEO for one year and who will continue as director of operations«.
For more information:
Pinker Fashion
