Flexidao Leadership Transition

Barcelona, June 30, 2025 — Flexidao, a leading Clean Energy Portfolio Management Company, today announced that Michael Kessler has recently stepped down from the role of Chief Executive Officer. This transition is the result of a mutually agreed decision between Michael Kessler and the Board of Directors, and reflects a shared commitment to the company’s long-term growth and strategic evolution. Simone Accornero, currently Chief Product Officer, will assume the role of CEO, bringing a wealth of experience in carbon-free energy management, power markets, and enterprise energy procurement, and a strong track record of working with global corporations to shape industry standards and deliver product innovation.

“Michael Kessler has been an exceptional leader during a pivotal time for Flexidao” said Chair of the Board Birgitte van Haren. “Under his leadership, the company has achieved significant growth, expanded its geographic footprint, strengthened its sales and marketing function, and is well-positioned for continued success.”

“It has been an honor to lead Flexidao” said Michael Kessler. “I’m incredibly proud of what we’ve accomplished together and have full confidence in Simone Accornero and the leadership team to continue driving the company forward.”This transition reflects a natural progression in the company’s evolution and underscores a shared vision for the future. Michael Kessler will remain with the company in an advisory capacity for the remainder of 2025 to ensure a smooth transition.

Flexidao remains committed to its mission of reducing compliance risk, improving the ROI on energy contracts and simplifying clean energy reporting, and looks forward to the exciting new chapter of leadership and growth.