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Thierry Navarre named ad interim CEO at Ontex

06 Aug '20

2 min read

Thierry Navarre; Pic: Ontex Group

Ontex Group NV, a leading international provider of personal hygiene solutions, with expertise in baby care, feminine care and adult care, has announced that Charles Bouaziz has stepped down from his role of chief executive officer of Ontex. Thierry Navarre has been appointed CEO ad interim. Navarre has been on Ontex’s executive leadership team since 2009.

Navarre was appointed chief operating officer and became chief transformation officer in 2019. Previously, he was the group supply chain director and has worked within Ontex for almost 15 years.

The board of directors has commissioned an executive search firm to coordinate the process of identifying a permanent chief executive officer among internal and external candidates.

The board of directors thanked Bouaziz for his contribution over the past seven and a half years, during which the company developed from a European-focused private label manufacturer to a publicly-listed global personal hygiene player with an extensive portfolio of retail brands and own brands.

“As a board we believe that Ontex benefits from strong products and positions across our key categories and markets, with clear potential for further development. We will fully support Navarre and the Ontex management team to lead the successful execution of our ongoing transformation initiatives. Our firm ambition remains to further improve our performance and drive value for our shareholders,” Hans Van Bylen, chairman of the board, said in a press release.

“I feel honoured to lead Ontex in these challenging times. I will focus on strengthening and improving our operations in order to make sure the company keeps on moving ahead in the aftermath of the Covid-19 outbreak as we have done since the beginning of the crisis. I look forward to working with the entire executive leadership team, the board and all of our talented employees and partnering with all our customers to drive our operating profitability and return Ontex to a path of robust growth,” Navarre, CEO at Ontex, said.

Fibre2Fashion News Desk (JL)