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PRESS RELEASE: Arne Treinies new CFO and Managing Director of AMSilk GmbH

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DGAP-News: AMSilk GmbH / Key word(s): Personnel Arne Treinies new CFO and Managing Director of AMSilk GmbH 2021-09-23 / 10:18 The issuer is solely responsible for the content of this announcement.



Planegg, September 23^rd, 2021 - AMSilk GmbH, the world's first industrial supplier of synthetic silk biopolymers, announced today that Arne Treinies (39), an experienced Finance Executive, has joined the company's leadership team as Chief Financial Officer and Managing Director as of September 1^st, 2021. Arne Treinies studied International Economics and Business Sciences in Innsbruck, Austria and Guadalajara, Mexico, followed by a Master in Finance at ESCP Europe (Madrid/London). He started of his career at Ernst & Young working on Audit engagements in various industries with a focus on Private Equity clients before joining the Transaction Advisory Practice later on. In 2012, Arne joined the Boston Consulting Group, working on commercial due diligence and M&A projects. After gathering experience in strategy consulting, he held positions as CFO of E-commerce platform Shirtinator AG, Munich, and biogas trader Landwärme Group, Munich, where he implemented Finance structures and processes. In 2019, Arne was appointed CFO of Invincible Brands Group, Berlin, a PE-based E-Commerce brand incubator with 8 consumer brands, 14 entities and EUR150M in D2C sales. In 2020, Arne successfully contributed to the partial integration of the Berlin-based startup to publicly listed Henkel Group. Regarding his new position at AMSilk Arne Treinies says: "AMSilk's unique technology and its high-performance bio-based products have the potential to disrupt a number of industries and enhance the decarbonization push strongly needed. I am thrilled to join AMSilk during these exciting times and support the team on the challenges ahead." Ulrich Scherbel, CEO of AMSilk, adds: "We are very pleased to have Arne Treinies on board as CFO. His broad experience in consulting, start-ups and as CFO of larger companies will be of great value to AMSilk in our industrial scale-up process." Chairman of the Board, Dr. Wolfgang Colberg, welcomed Arne on board of AMSilk: "Arne is the right person to push the scale-up of AMSilk with excellence in finance and in supply chain. We wish him great success." About AMSilk AMSilk GmbH is the world's first industrial supplier of vegan silk biopolymers and has its headquarters in Planegg near Munich, Germany. AMSilk's high-performance biopolymers have the unique functional properties of the natural product they are based on. AMSilk offers its innovative range of high-performance Biosteel(R) fibers for textiles and industrial applications worldwide and has announced collaborations and partnerships with world leading brands like Adidas and Airbus. The organic high-performance material can be used in multiple ways, and is suited for medical devices as well as for personal care products. AMSilk high-performance biopolymers give such products unique properties. Among other things, the polymers are biocompatible, safe and robust. AMSilk invites you to discover more at www.amsilk.com. www.amsilk.com For further information please contact: AMSilk GmbH Anja Kehl Tel: +49 (0)89 57 95 393-62 E-mail: pr@amsilk.com



2021-09-23 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de



1235476 2021-09-23

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END) Dow Jones Newswires

September 23, 2021 04:19 ET ( 08:19 GMT)
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