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Ontex accelerates Laurent Nielly’s appointment as CEO and launches a strategic review
The new Chief Executive Officer will assume the role in January 2026, as the company initiates a process to assess growth opportunities and strengthen its governance
Ontex, a leading international company in the development and production of personal care solutions, announced that its Board of Directors has decided to accelerate the appointment of Laurent Nielly as Chief Executive Officer (CEO) to January 13, 2026, following the initial succession announcement made on December 11, 2025. This decision enables Nielly to take responsibility for the company’s 2026 plan from the beginning of the fiscal year.
The accelerated appointment reflects the Board’s confidence in Nielly’s readiness to lead Ontex during its next phase. As part of the transition, Gustavo Calvo Paz will remain with the company until the end of January 2026 to ensure a smooth handover.
Under Nielly’s leadership, Ontex will conduct a comprehensive review of all strategic options to identify additional opportunities for profitable growth and to unlock the company’s inherent value. The review will cover key performance levers, including the business portfolio, operational footprint, and go-to-market approach, with a clear focus on improving cash generation and return on investment.
To support and oversee this process, the Board will establish a Strategy Committee to accelerate the review, facilitate decision-making, and ensure rigorous oversight of the execution of Ontex’s medium- and long-term plans.
In parallel, following the resignation of Jesper Hojer, the Board appointed Lorenzo Grabau as a non-executive director, subject to shareholder approval at the next annual general meeting. Grabau brings extensive experience in capital markets and strategic transformation, having served as a board member, chairman, and senior advisor to both listed and private companies. He previously served as Chairman and CEO of Kinnevik AB and was formerly a partner at Goldman Sachs.
These initiatives underscore the Ontex Board’s commitment to exploring all available avenues to strengthen the company and create value for its shareholders.
