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CM Biomass announces Simon Plagborg as new CEO

Copenhagen, January 6th, 2025   One of the world’s largest suppliers of wood pellets and biomass has appointed Simon Plagborg as its new CEO, effective January 6th, 2025   Since December, Ask Michael Munck has been the interim CEO for CM Biomass, one of the world’s largest suppliers of wood pellets and biomass. A permanent CEO has now been found, meaning that Ask Michael Munck will reassume his position as Group CFO at CM Biomass.   “We were looking for a profile that had the right commercial and leadership qualifications, but also thrives in a growing international family-

Changes to CM Biomass leadership team

CM Biomass announces that, after mutual agreement, Morten Buchgreitz has stepped down from his role as CEO of CM Biomass.During his time with CM Biomass, Morten Buchgreitz has contributed to the professionalisation and structuring of the company’s internal procedures and risk management, as well as the development of CM Biomass’ strategy for the coming years. The Board of Directors is now focused on identifying a new CEO with a clear commercial profile to guide the company in its next phase of growth. The performance of the company can especially be attributed to CM Biomass’ robust strategy,

CM Biomass announces strong results in difficult year

Having for the past two years added production to CM Biomass’ portfolio of trading and expanded on logistics and sourcing solutions, CM Biomass has in the latest annual result shown the strength of combining production and trading as a flexible provider with a record setting result.The past financial year of 2023/24 has posed significant challenges to the biomass industry, including a mild and late winter season with less demand and lowered prices on wood pellets as a result. Despite this, CM Biomass has been able to deliver the best result in its 15 years of operation, landing an EBT of

CM Biomass financials at an all-time high

CM Biomass announces record-breaking financial results with an increase in gross profit to EUR 66 million despite a challenging and unpredictable year due to a very stretched market and highly volatile prices for wood pellets. The solid result leaves CM Biomass in a strong position as Morten Buchgreitz succeeds founder Simon Rodian Christensen as CEO.CM Biomass, one of the world’s largest suppliers of biomass and wood pellets, managed to increase momentum in a year characterized by unpredictability and can report a record-setting financial result, increasing revenue, profit, and volume. CM

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