Sahil Tesfu Joins Essity as Senior Vice President Group Function Strategy & Business Development, Effective September 1, 2021
June 02, 2021 at 02:00 am EDT
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Essity announced that Sahil Tesfu will join Essity's Executive Management Team in the newly created position Senior Vice President Group Function Strategy & Business Development. Sahil Tesfu joins Essity from the management consulting firm McKinsey & Company. She brings significant experience and knowledge in growth strategies and digitalization. In her role as Essity SVP Group Function Strategy and Business Development, Sahil Tesfu will be responsible for leading the work with the Group's strategy. Sahil Tesfu joins Essity on September 1, 2021 and will report to Magnus Groth, President and CEO, Essity.
Essity AB is one of the world's leading manufacturers of hygiene products. Net sales break down by family of products as follows:
- human care products (40.3%): incontinence products (Tena), feminine protection products (Libresse, Bodyform, Nana, Nuvenia, Saba, Nosotras, Donnasept, etc.), diapers (Libero, Up & Go, Libero-Peaudouce, Drypers, Pequenin, etc.), compresses and bandages.
- paper hygiene products (32.6%): paper towels, toilet paper, handkerchiefs, wipes, etc. sold under Tempo, Colhogar, Cozy, Cushelle, Danke, Delica, Demak Up, Favorita, Flen, Lotus, Lovly, Okay, Plenty, Regio and Zewa brands;
- professional hygiene products (26.8%): including toilet paper, handkerchiefs, hand lotions and hand soaps, hand sanitizers, as well as cleaning and wiping products;
- other (0.3%).
At the end of 2023, the group operated around 70 production sites in the world.
Net sales are distributed geographically as follows: Europe (60.3%), North America (17.4%), Latin America (17.1%), Asia (1.6%), and other (3.6%).