Ontex Names New CFO Amid Strategic Transformation
Event summary
- Stéphane Re appointed Group CFO of Ontex, effective September 14, 2026.
- Re succeeds Geert Peeters, who led finance and IT since December 2023.
- Peeters oversaw debt refinancing, divestment of Emerging Markets businesses, and digitalization initiatives.
- Re previously served as Group CFO at Partner in Pet Food (PPF) and Thai Union Europe/MW Brands.
The big picture
Ontex's appointment of Stéphane Re as Group CFO underscores the company's push towards operational efficiency and cash flow generation. The move follows a period of significant financial restructuring, including debt refinancing and divestments, reflecting broader industry trends toward leaner operations in the personal care sector.
What we're watching
- Transformation Execution
- How Stéphane Re's experience in driving complex transformation programs will impact Ontex's leaner, more efficient business model.
- Cash Flow Generation
- Whether the new CFO can sustain and enhance structural cash-flow generation amid strategic reviews.
- Strategic Review Outcomes
- The pace at which Ontex implements conclusions from its strategic review across European and North American businesses.