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REACH FOR THE FUTURE STRATEGY • THE WORLD IS CHANGING FAST AND DISTRIBUTORS HAVE TO ADAPT TO MEET NEW DEMANDS. UNIVAR IS AIMING TO STREAMLINE ITS OPERATIONS TO MATCH
we are seeing changes in market conditions and customer preferences. We believe that our S22 programme, as part of our strategy to Streamline, Innovate and Grow, will help to ensure we have the agility to enhance our competitiveness, advance our digital capabilities to better serve customers and increase our operational and financial flexibility as we work to position the company to capture greater value from the market recovery and growth opportunities ahead.”
UNIVAR SOLUTIONS HAS embarked on a far-reaching programme – dubbed ‘Streamline 2022’ or ‘S22’ for short – to accelerate growth and increase earnings. The programme, announced in early August, envisages a renewed focus on operational efficiency and cost reduction and, in
certain non-core assets and is expected to have a particular impact on operations in North America. As part of S22, there will be a range of senior organisational alignments, with North American segments now reporting directly to group president/CEO David Jukes. As part of
FACES THAT FIT As part of the changes in North America, two new appointments have been made. Jennifer McIntyre has assumed the role of senior vice-president and chief streamline officer, as well as head of North American
particular, the integration of the company’s digital capabilities. S22 is expected to improve operational agility, drive faster sales growth, reduce leverage and, by the end of 2022, improve EBITDA margins to 9 per cent. The programme may well result in the sale of
this, Mark Fisher has stepped down from his position as president of USA and Canada to pursue other opportunities. Explaining the move, David Jukes says: “While we are currently reporting solid second quarter results, and progressing as expected on our Nexeo integration plans,
operations. She will be responsible for driving the completion of the Nexeo integration as well as the S22 cost and productivity efforts. Brian Herington has been appointed senior vice president, CCO and head of North American Chemical Distribution. In this role
HCB MONTHLY | SEPTEMBER 2020
