CM Biomass Appoints Simon Plagborg CEO

CM Biomass, one of the world’s largest suppliers of wood pellets and biomass with operations across North American and Europe, has appointed Simon Plagborg as its new CEO, effective January 6. Plagborg replaces interim CEO, Ask Michael Munck, who’s been in the role since December. With Plagborg’s appointment Munck will resume his position as Group CFO. 

“We were looking for a profile that had the right commercial and leadership qualifications, but also thrives in a growing international family-owned business. Simon Plagborg fits the bill, and we are, of course, delighted to welcome him to the CM Biomass team,” says Christian Junker, Chairman of the Board of Directors, CM Biomass. 

Plagborg joins CM Biomass with more than 15 years of experience in executive management and a background in sales and commercial roles from various companies—most recently he was member of the executive team and CCO at Skamol Group, global supplier of insulation systems for a wide range of applications within building and industry.

“With the addition of Simon Plagborg, we have managed to complete the management team so that CM Biomass can continue the further development and growth of the company. In Simon we have found a leader with a strong commercial mindset who understands the complexity of running a commodity business in the global marketplace while handling all its volatility and challenging value chains,” adds Nina Østergaard Borris, CM Biomass board member and co-owner of United Shipping & Trading Co. (USTC) a Danish logistics and technology company represented in 38 countries.  

Latest news

Weyerhaeuser Completes Carbon Credit Sale

Weyerhaeuser announced an agreement for the sale of nearly 32,000 forest carbon credits at $29 per credit. This agreement marks Weyerhaeuser’s first transaction in the voluntary carbon market and represents the sale of all credits issued by American Carbon Registry for the first year of the company’s Kibby Skinner Improved Forest Management (IFM) project in Maine…

read more

Bandit Names Craig Davis CEO/President

Craig Davis is the new CEO and President of Bandit Industries, as announced by former CEO Jerry Morey. Davis joined Bandit in 2018 as sales director and has also been a part of the Bandit management board, overseeing marketing and parts management…

read more

Late 2022 Purchases Put Enviva In A Bind

“Our future profitability and liquidity are expected to be negatively impacted by the following matters which have resulted in substantial doubt about the company’s ability to continue as a growing concern,” states Enviva in its 10-Q filing with the Securities and Exchange Commission upon releasing its third quarter earnings report, which noted that Enviva incurred net losses of $258 million for the nine…

read more

Morbark Unveils BVR, TW Series Brush Chippers

Morbark has unveiled the all NEW “BVR” line of hand-fed brush chippers at this year’s TCI Expo, in St. Louis, Mo. Alongside the BVR lineup, visitors found 6- and 8-in. brush chippers from Timberwolf. Timberwolf, an Alamo Group company, is headquartered in Suffolk, UK, and will be marketed in the U.S. as the Morbark TW series, beginning the first quarter of 2024…

read more

Find Us On Social

Subscribe to Our Newsletter

Wood Bioenergy News Online hits the inboxes of subscribers in the wood-to-energy sectors.

Subscribe/Renew

Wood Bioenergy is published and delivered worldwide 6 times per year. Free to qualified readers in the U.S. Subscribers outside the U.S. are asked to pay a small fee.

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative.