Stefan Eneman has today been appointed as the new CEO of PolyPlank, effective immediately. He succeeds Marina Abrahamsson, who is returning as CFO, a position she previously held. Over the past 30 years, Stefan has worked in leading positions in a large number of companies in a variety of sectors, including CEO of a brokerage firm and fintech company, and has also been active in the polymer and packaging industry, technology and IT companies.  

His focus has consistently been on corporate and business development, which has led to involvement in many different companies both in Sweden and over the last 17 years internationally. His experience and skills are particularly suited to supporting businesses that have stagnated or need new impetus to grow. He has also demonstrated the ability to contribute during critical phases, with his focus on effective development rather than long-term administration.

Trying to turn around and shape Polyplank's development is, as many can understand, a significant challenge - but it is a challenge that motivates me. It is especially fun to return and work on Öland after so many years abroad, a place that is close to my heart, especially since I once grew up here on the island, says Stefan Eneman. Stefan, together with an investor collective, will also become an owner through upcoming issues.

"We are very positive that Stefan wants to take on the role of CEO of PolyPlank. His experience and broad expertise are exactly the right profile to develop PolyPlank with a focus on creating long-term value for shareholders," says PolyPlank's Chairwoman Annika Fernlund.

This information is information that the Company is required to disclose under the EU Market Abuse Regulation. The information was submitted, through the agency of the above contact person, for publication on 4 March 2025 at 10:45 CET.

About PolyPlank:

PolyPlank has developed and established a unique method of manufacturing products by using recycled plastic and organic fibers without additives. PolyPlank's products have a number of advantages over alternatives, for example, the products have the positive material and processing properties of wood, good resistance to moisture and rot, high impact strength in a wide temperature range, long service life. Furthermore, the products can be recycled, which is a positive environmental effect, but also results in a significantly lower material cost over time. PolyPlank's shares are listed on Nasdaq First North Growth Market under the symbol POLY. The share's ISIN code is SE0005569290. Nordic Certified Adviser AB is the company's Certified Adviser, www.certifiedadvisers.com , they can be reached at [email protected] and telephone +46 70 551 67 29.

Contact:

Annika Fernlund
Chairman of the Board Annika Fernlund
Phone: 073-9299896
Email: [email protected]

Source: globenewswire.com