Ontex Group NV, a leading international provider of personal hygiene solutions, announces today that Peter Vanneste, Chief Financial Officer at Ontex, has decided to leave Ontex early October 2023, to pursue a career opportunity outside the group. His successor will be announced in due time. In the interim the responsibilities of CFO will be assumed by Gustavo Calvo Paz, CEO.

“We recognize the contribution that Peter Vanneste has made, shaping and executing Ontex’ strategic transformation, including refocusing with successful divestments. He also contributed to guiding the company through the difficult macro-economic conditions with a clear focus on the Group’s financial health and organization,” Paz says. “This allowed Ontex to gradually restore profitable growth and improve its balance sheet. We wish Peter the best with his next endeavors.”