Sweden's Renewcell appoints Michael Berg to BOD

Berg has many years of international experience in both operational and board positions within listed and unlisted companies. As chairman at Renewcell, Berg will contribute knowledge gathered across many industries and the various companies that have grown quickly and successfully under his leadership. Berg has previously held several international executive positions within Tetra Pak, been CEO of Envirotainer and Polygon AB and chairman of the board of companies such as the construction waste recycling company Sortera AB. Berg is currently chairman of Lowenco A/S, Babybjörn AB and Proxify AB, the company said in a media release.

With the addition of Berg’s expertise in rapid scaling of international business to the current board members’ deep insight into the technology, market, and financing for circular textile innovation, Renewcell’s strategic leadership is further strengthened as it enters a new phase of accelerated growth.

”With the announcement of the doubling of the Renewcell 1 plant, Berg’s profile is just the right fit for the stage of capital efficient growth that Renewcell is entering. The nomination committee delighted that Berg has agreed to take on the role of chairman and put his international growth experience to work in making fashion circular at scale.” Per Olofsson, chairman of the nomination committee, commented.

"The global textile and fashion industry face serious climate and sustainability challenges, but Renewcell is one of those rare companies with the potential to actually solve many of them. I’m honoured to have the opportunity to contribute my skills to those of an excellent board and management team in pursuit of that potential.” Berg added.

ALCHEMPro News Desk (SF)