Ontex announces current CFO Peter Vanneste has decided to leave Ontex in early October; CEO Gustavo Calvo Paz will assume interim CFO duties as company seeks successor

Sample article from our Tissue & Hygiene

AALST, Belgium , September 6, 2023 (press release) –

Ontex Group NV (“Ontex” or, the “Company”), 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.

Gustavo Calvo Paz, CEO, stated: “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. This allowed Ontex to gradually restore profitable growth and improve its balance sheet. We wish Peter the best with his next endeavors.”


Phone: +32 53 33 36 20


T: +32 53 333 730

Ontex is a leading international personal hygiene group. We engineer and make high quality products for Baby Care, Feminine Care and Adult Care and are the partner of choice for consumers, retailers, and institutional and private healthcare providers around the world.

© Ontex BV 2023

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