CIRCA APPOINTS NEW CFO
OSLO, NORWAY - 2 June 2021 - Sustainable biochemicals company Circa Group AS
(Euronext Growth Oslo: CIRCA) has appointed Tone Leivestad as CFO. Ms Leivestad
will be based in Oslo and will start on 1 September.
Tone Leivestad is a senior finance professional with considerable experience in
finance, consulting and industry. She has previously held Director roles, as
Head of CFO Advisory/Consulting at both KPMG Norway and Accenture Norway, as
well as Group CFO in top-tier operations.
Ms Leivestad is an important addition to the Circa executive management team as
the company transitions into its scale-up phase and further establishes its
presence across Europe. In addition, Ms Leivestad will be based in Oslo, Norway,
enabling closer relations with the Norwegian, Nordic and European investor
community following the recent listing on the Euronext Growth Oslo.
Ms Leivestad will replace current CFO Peter Gome who has been involved with
Circa Group for more than five years and has been CFO for the past year during
the capital raise process.
Tony Duncan, CEO and co-founder of Circa Group, said, "Since our listing in
March, we have been strengthening our management team to support our ambitious
scale-up plans. I would like to thank our outgoing CFO, Peter Gome, for his
unfaltering support throughout our fundraising process, and I look forward to
welcoming Tone Leivestad to the Oslo team."
Established in 2006, Circa Group converts waste, non-food biomass into advanced
bio-based chemicals with its proprietary FuracellTM process. Its developing
product portfolio includes flavours, biopolymers, and bio-solvents including
CyreneTM, an alternative to traditional polar aprotic solvents, which is produced
in one step from platform biomolecule Levoglucosenone. By creating renewable
chemicals from cellulose, Circa is extracting value from non-food, waste biomass
and addressing a gap in the market by providing bio-based alternatives
contributing to a more circular economy. In March 2021, Circa Group successfully
listed on the Euronext Growth Market in Oslo, stock symbol CIRCA.