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Kim Poulsen is stepping down as CEO of Finnish textile manufacturer Spinnova Plc.

He is stepping down from operational management of the company effective immediately, Spinnova announced on Friday. Ben Selby will take over as interim CEO. Selby has served as Chief Financial Officer at Spinnova since March 2021 and continues in that role.

Poulsen only joined Spinnova as CEO in August 2022, according to his LinkedIn profile. Prior to that, he held the role of Global President Pulp and Paper at chemical group Kemira Chemicals Inc.

Spinnova has begun searching for a longer-term successor for the CEO role.

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