Ontex appoints Stéphane Re as Group CFO

Q: When will Stéphane Re become Group CFO of Ontex (ONXYY)?

Stéphane Re will assume the role of Group CFO of Ontex on September 14, 2026 . According to Ontex, he will also join the Executive Management Committee and be supported by outgoing CFO Geert Peeters to ensure a smooth transition period.

Q: Who is the new CFO of Ontex (ONXYY) and what is his background?

The new CFO of Ontex is Stéphane Re , a Swiss national with extensive finance experience. According to Ontex, he previously served as Group CFO at Partner in Pet Food and Thai Union Europe/MW Brands, and held senior finance roles at Nestlé across Europe and Asia.

Rhea-AI Impact

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Rhea-AI Sentiment

(Very Positive)

Rhea-AI Summary

Ontex (OTC:ONXYY) announced the appointment of Stéphane Re as Group CFO and member of the Executive Management Committee, effective September 14, 2026, succeeding Geert Peeters. Geert will support Stéphane to ensure a smooth transition.

According to Ontex, Stéphane joins from Partner in Pet Food, where he served as Group CFO and led a comprehensive change program, and previously held senior finance roles at Thai Union Europe/MW Brands and Nestlé. CEO Laurent Nielly highlighted that Stéphane will play a key role in coordinating the transformation of Ontex’s European and North American businesses alongside the new Transformation Management Office, following the company’s strategic review. Ontex acknowledged Geert’s contributions to refinancing senior debt, divesting Emerging Markets businesses, and advancing cost transformation and digitalisation initiatives.

Positive

New Group CFO effective September 14, 2026 with broad transformation experience
Strong finance background across Partner in Pet Food, Thai Union Europe/MW Brands, and Nestlé
Leadership alignment with Transformation Management Office for Europe and North America programs

Negative

None.

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07/30/2026 - 01:15 AM

Aalst, Belgium, July 30, 2026 – Ontex Group NV, a leading international developer and producer of personal care products,  announces the appointment of Stéphane Re as Group CFO and member of the Executive Management Committee, effective September 14, 2026. He will succeed Geert Peeters, who will pursue a new chapter in his professional career. Geert will support Stéphane to ensure a smooth transition.

Stéphane Re, a Swiss national, joins Ontex from Partner in Pet Food (PPF), a major European private label and branded pet food manufacturer owned by CVC and Cinven private equity funds, where, as Group CFO, he led a comprehensive change program. Before that, between 2014 and 2021, he served as Group CFO of Thai Union Europe/MW Brands, playing a key role in transforming the pan-European leader in private label and branded packaged seafood. From 1999 to 2014, Stéphane held senior finance roles at Nestlé, across Europe and Asia. Stéphane started his career in 1997 in Corporate Finance with Credit Suisse First Boston in Geneva.

Geert Peeters joined Ontex in December 2023 to lead our Finance and IT organizations. Under Geert’s leadership, the Company successfully completed the refinancing of its senior debt, completed the divestment of its Emerging Markets businesses, and developed an ambitious digitalisation program. Geert was also instrumental to several of Ontex’s cost transformation initiatives.

Laurent Nielly, Ontex’s CEO, commented: “I am delighted to welcome Stéphane Re as our new Group CFO. I  am convinced that Stéphane’s experience and track record in driving complex transformation and value creation programs will be invaluable to Ontex, as we enter into a new phase to transform our business in Europe and North America to become leaner, more efficient, and structurally cash-flow generating. Together with our new Transformation Management Office (TMO), Stéphane will take a key role in coordinating the transformation of our European and North American businesses in line with the conclusions of our strategic review. I also wish to express my sincere gratitude to Geert for his many valuable contributions to Ontex’s turn-around over the past three years.”

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Enquiries

Media	Catherine Weyne	+32 53 333 622	corporate.communications@ontexglobal.com
Investors	Geoffroy Raskin	+32 53 333 730	investor.relations@ontexglobal.com

About Ontex

Ontex is a leading international developer and producer of baby care, feminine care and adult care products, both for retailers and healthcare, primarily in Europe and North America. The group employs around 5,000 people, with plants and offices in 12 countries, and its innovative products are distributed in around 100 countries. Ontex is headquartered in Aalst, Belgium and is listed on Euronext Brussel, where it is a constituent of the Bel Mid^® index. To keep up with the latest news, visit ontex.com or follow Ontex on LinkedIn.

ONTEX Group NV
Korte Keppestraat 21 – 9320 Erembodegem (Aalst) – Belgium 0550.880.915 RPR Ghent – Division Dendermonde

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FAQ

When will Stéphane Re become Group CFO of Ontex (ONXYY)?

Stéphane Re will assume the role of Group CFO of Ontex on September 14, 2026. According to Ontex, he will also join the Executive Management Committee and be supported by outgoing CFO Geert Peeters to ensure a smooth transition period.

Who is the new CFO of Ontex (ONXYY) and what is his background?

The new CFO of Ontex is Stéphane Re, a Swiss national with extensive finance experience. According to Ontex, he previously served as Group CFO at Partner in Pet Food and Thai Union Europe/MW Brands, and held senior finance roles at Nestlé across Europe and Asia.

What role will Stéphane Re play in Ontex’s European and North American transformation?

Ontex expects Stéphane Re to play a key role in coordinating the transformation of its European and North American businesses. According to Ontex, he will work closely with the new Transformation Management Office to implement initiatives aligned with conclusions from the company’s recent strategic review.

What did outgoing CFO Geert Peeters achieve during his time at Ontex (ONXYY)?

During his tenure, Geert Peeters oversaw refinancing of Ontex’s senior debt and divestment of Emerging Markets businesses. According to Ontex, he also led an ambitious digitalisation program and contributed significantly to several cost transformation initiatives supporting the company’s turnaround efforts.

Why is Ontex changing its Group CFO in 2026?

Ontex is appointing Stéphane Re as Group CFO as of September 14, 2026, with Geert Peeters pursuing a new professional chapter. According to Ontex, Geert will support Stéphane during the handover to secure continuity and a smooth leadership transition in the finance function.

How might the new Ontex (ONXYY) CFO appointment relate to its strategic review?

Ontex links the CFO appointment to its ongoing transformation following a strategic review. According to Ontex, CFO-designate Stéphane Re will help coordinate transformation of the European and North American businesses, working alongside the Transformation Management Office to execute value-creation initiatives.