Board of Directors

Mr Thomas Hedberg, Chairman of the Board

Co-founder, Executive Director, CellMark. Additionally, he is currently Chairman of Hills Golf AB and Hills Villastad, a property project owned by Hills Golf AB and Veidekke AB.

Previous roles include directorships of Basic Chemicals Solutions LLC, Crossroads AB, Atlantica AB, Belgfast AB and Benefast AB.


Mr Vic Rice, Executive Director

Senior Vice President, CellMark

Vic Rice is a graduate of Santa Clara University with a degree in International Marketing and Management. As a founding partner of Pacific Forest Resources Inc., acquired by CellMark in 1989, Vic has 40 year’s experience in the marketing and management of recyclable commodities.


Mr Jay Hambro, Non-Executive Director

Mr Jay Hambro is the Chief Investment Officer of the GFG Alliance, a group of companies focusing on the core metals and energy sectors. Within this role he is the CEO of SIMEC’s energy, mining and industrials groups and oversees GFG Investments’ substantial banking, property and trade finance interests. Independently, Mr Hambro is the Non-Executive Chairman of IRC, an industrial commodity miner listed on the Hong Kong stock exchange.

Mr Hambro began his career in metals and mining at NM Rothschild and later moved to the investment bank of HSBC. He joined Petropavlovsk as a non-executive director before its listing on the London Stock Exchange in April 2002 and was subsequently appointed Chief Executive of Aricom, a member of the FTSE 250.

Mr Hambro also serves as an independent non-executive director for Winsway Enterprises Holdings Limited, a company which operates coal logistics in China and is listed on the Hong Kong Stock Exchange.

Mr Hambro holds a Bachelor of Arts in Business Management, is a Fellow of the Institute of Minerals Mining and Metallurgy (FIMMM) and is a Liveryman of the Worshipful Company of Goldsmiths.

Mr Staffan Ingeborn, Non-Executive Director

Managing Partner of InnovationsKapital (Innkap), which he founded in 1994. InnovationsKapital is an independent Nordic early stage venture firm, with capital provided by highly reputable Swedish and international investors.

Other assignments; Chairman of Ernström & C:o and Microdata, Board member of Apptus, GP Bullhound, Oxeon, Paxport and REAC

Prior to founding InnKap, Staffan was a management consultant and private investor specializing in rationalizing and restructuring companies and leading ‘turnarounds’ as ‘Chairman-for-hire’. His early career also includes positions such as CEO of Frico AB (leading the IPO of the company).


Mr Henrik Forsberg Schoultz, Non-Executive Director

CEO at Ernström & C:o.  At Ernström & C:o Henrik was earlier responsible for the investment organization and currently he represents Ernström on the boards of Stampen Media, 24Storage, and Wint.

Prior to Ernström & C:o, Henrik was an investment professional at Nordstjernan, family owned investment company, where he was co-responsible for Etac Group and Bygghemma Group.  Henrik has also worked at McKinsey & Company where he supported numerous different (+20) clients with strategic topics.

Henrik holds a MSc degree in Engineering.

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