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Nomad Foods names Pınar Çanakcı as Chief People Officer. October 16, 2026 Chief People Officer Pınar Çanakcı joins Nomad Foods to lead global HR, culture and talent strategy across European consumer markets The executive appointment brings more than two decades of international HR leadership experience to the consumer goods business, which operates iconic portfolio brands including Birds Eye, Findus, Iglo, La Salteña and Ledo. As the organisation accelerates its commercial growth strategy and expands its market footprint across Europe, HR leadership remains a core driver of its enterprise transformation. Key facts: * Nomad Foods appoints Pınar Çanakcı as Chief People Officer to lead global HR operations. * She joins the consumer goods enterprise after a 14-year career at multinational food company Danone. * Her previous operational roles include HR Vice President for Asia, Middle East & Africa and Global HR VP for Supply Chain. * Nomad Foods operates a portfolio of iconic European frozen food brands, including Birds Eye, Findus and Iglo. * The incoming HR executive focuses on culture transformation, talent development and organisational agility. A strategic shift in FMCG talent leadership. Pınar steps into the senior executive role following an impressive 14-year tenure at multinational food enterprise Danone. Her extensive career within the fast-moving consumer goods sector equips her with deep operational expertise across global talent management, supply chain HR and international regional leadership. Managing human capital across large-scale manufacturing and distribution networks requires a careful balance between driving operational efficiency, maintaining workforce engagement and building high-performing corporate cultures. "After 14 years at an amazing company like Danone, I'm starting a new chapter in my career next week as Chief People Officer at Nomad Foods," says Pınar. "I'm incredibly proud of what HR Chief Magazine achieved together by unlocking the 'human magic' to Win Together. "Throughout this journey, we worked to grow our people, grow our business and grow our communities. It was a journey full of collaboration, fun, resilience, learning and impact - one that shaped me both as a leader and as a person," adds Pınar. "Nomad Foods' growth ambition is incredibly exciting, and I'm thrilled to be part of this next chapter. I look forward to working with my new colleagues to unlock the Human Magic once again, embrace a play to win mindset and win together." Pınar Çanakcı, Chief People Officer, Nomad Foods Unlocking workforce potential across European markets. Pınar brings a rich, multi-regional background shaping people strategies across diverse international markets. Her professional journey began in Turkiye, leading HR across specialised nutrition, waters and dairy divisions, before she transitioned to Amsterdam to lead global talent management, supply chain and operations. Subsequently, she served as HR Vice President for Asia, Middle East and Africa, gaining vital commercial experience across emerging and established consumer markets. In the contemporary food manufacturing industry, HR strategy extends far beyond traditional administrative functions. Industry leaders recognise that organisational talent directly shapes supply chain resilience, product innovation and commercial growth. As Chief People Officer, Pınar holds the responsibility of fostering an agile culture, optimising workforce capabilities and ensuring that employee engagement aligns with overarching business objectives. "And now, I'm excited to join another amazing company, with a strong legacy and iconic brands that have been part of consumers' everyday lives for generations," says Pınar. "Nomad Foods' growth ambition is incredibly exciting, and I'm thrilled to be part of this next chapter. I look forward to working with my new colleagues to unlock the Human Magic once again, embrace a play to win mindset and win together," she adds. Navigating modern workforce transformation. The consumer packaged goods sector faces continuous evolution as digital automation, sustainable sourcing and shifting consumer preferences reshape retail markets. Human resources departments play a pivotal role in guiding workforce adaptation, ensuring that manufacturing and corporate teams possess the necessary skills to navigate technological disruptions. By embedding continuous learning and agile ways of working into the corporate framework, the people function enables the business to respond rapidly to market shifts. Attracting specialised commercial and digital talent while retaining institutional knowledge represents a key priority for consumer brands. Pınar must navigate these workforce dynamics by designing compelling employee value propositions that foster inclusion and career progression. Creating structured career development pathways ensures that the organisation continues to build internal leadership pipelines capable of supporting long-term commercial targets. Driving future enterprise growth. Looking ahead, the executive appointment highlights a firm commitment from Nomad Foods to invest in its workforce and organisational capabilities. Securing a leader with extensive global FMCG experience positions the enterprise to build a resilient, future-ready workforce across its European operations. Pınar's proven track record in talent development and culture building complements the company's long-term commercial vision. As Nomad Foods continues to expand its market leadership and deliver consumer-favourite food products across Europe, its workforce remains its most critical competitive asset. With a new executive leading the HR function, the business stands ready to cultivate its workforce potential, nurture top talent and achieve its strategic priorities in the years ahead. Key business partners: Workday: Aneel Bhusri, Chief Executive Officer, leads Workday from its corporate headquarters in Pleasanton, California. The enterprise cloud software vendor collaborates with Nomad Foods to supply unified human capital management solutions. They partner together because global consumer goods manufacturing enterprises require secure, scalable software platforms to track employee performance, manage multi-country payroll and optimize talent acquisition workflows. This digital integration empowers the human resources team to make data-driven decisions and streamline workforce administration across European operations. SAP: Christian Klein, Chief Executive Officer, oversees SAP from its corporate headquarters in Walldorf, Germany. The multinational software corporation provides enterprise resource planning and supply chain analytics solutions to Nomad Foods. They collaborate because consumer goods businesses require sophisticated digital infrastructure to integrate human resources data with real-time manufacturing and distribution workflows. This technology alliance ensures that workforce planning directly supports supply chain efficiency and product delivery across international retail channels. Salesforce: Marc Benioff, Chair and Chief Executive Officer, directs Salesforce from its corporate headquarters in San Francisco, California. The enterprise software leader partners with Nomad Foods to supply customer relationship management software and operational analytics tools. They connect because modern consumer brands require scalable cloud solutions to analyze retail market trends and manage commercial stakeholder interactions efficiently. This technological integration enables commercial teams to make data-backed decisions and maintain a competitive edge across international food markets. Executives. * Aneel Bhusri CEO and Co-Founder * Christian Klein CEO & Member of the Executive Board * Marc Benioff Chair & CEO * Pınar Çanakcı Chief People Officer Company Portals

Nomad Foods maps growth reset, cash flow push at investor day. October 6, 2026 Key points. * Nomad Foods outlined a three-year growth reset focused on restoring organic growth, strengthening its frozen fish and vegetable businesses, expanding into chicken, meals, potatoes, pizza and ice cream, and entering new markets and channels. * Management targets organic revenue growth of 2% to 3% in 2028 and 2029, alongside adjusted EBITDA growth at least matching revenue growth, after forecasting broadly flat-to-low-single-digit growth in 2027. * Cash flow and efficiency are central to the plan: Nomad expects EUR 200 million to EUR 225 million in cumulative savings through 2029 and about EUR 550 million of adjusted free cash flow from 2027 to 2029, while maintaining its quarterly dividend and reducing leverage. * Five stocks we like better than Nomad Foods. Nomad Foods NYSE: NOMD used an investor presentation to outline a three-year plan centered on restoring organic growth, expanding into adjacent categories and channels, improving supply-chain utilization and generating more free cash flow while maintaining its dividend. Co-Founder and Co-Chairman Sir Martin E. Franklin said the company had "lost its way a bit" for a period, but argued that changes in leadership, talent, processes and strategy have positioned the business for a stronger future. Franklin said he and co-founder Noam Gottesman recently increased their personal investments in the company, citing what he characterized as a disconnect between Nomad's equity valuation and its business prospects. Franklin said taking Nomad private remains an available option if credit markets are open, but called it a "last resort" because doing so now could deny shareholders potential upside from the company's outlook. Chief Executive Officer Dominic Brisby said Nomad returned to organic revenue growth in the third quarter after facing transitory headwinds earlier in the year. The company raised its full-year 2026 organic revenue outlook to a decline of 2% to 3%, compared with its previous outlook for a 2% to 5% decline. CFO Ruben Baldew said third-quarter organic growth exceeded 1%. For 2027, Nomad expects organic revenue and adjusted EBITDA growth of 0% to 2%. For 2028 and 2029, it is targeting organic revenue growth of 2% to 3%, with adjusted EBITDA growth expected to meet or exceed revenue growth. Brisby said the company's strategy rests on three priorities: * Protecting and strengthening its core frozen fish and vegetable businesses; * Expanding in adjacencies including chicken, meals and frozen potatoes; and * Entering new territories through categories, channels and markets where it has limited participation today. The company said its broader approach increases its addressable market to roughly four times the size of the opportunity it had historically pursued. Nomad operates 17 factories, 94 warehouses and approximately 80,000 delivery points across Europe, Brisby said. Discover more Track Stock Market Invest in Stocks Nomad described its fish and seafood category as its largest, representing about one-third of revenue. President of Central Europe Dior Decupper said the company has renovated its fish-finger range and introduced what it calls its "crunchiest fish finger ever." She also said Nomad plans to launch a pangasius-based value tier early next year as rising fish costs put pressure on affordability. Vegetables account for approximately 25% of revenue, according to Decupper. She highlighted a high-protein creamed spinach with kale product that is tracking at more than twice the company's initial sales plan, as well as plans to expand the Steamfresh premium vegetable platform to multiple markets in 2027. Adjacencies include chicken, meals, potatoes, pizza and ice cream. Nomad said its chicken business has grown into a EUR 300 million platform, led by the U.K., where it holds the No. 1 branded position. The company plans to introduce an eight-SKU range of whole-muscle chicken products in the first quarter and expand its Chicken Shop platform into additional markets after gaining a 5% share of frozen chicken pieces, grills and burgers in the Nordics over the past 12 weeks. The company also identified frozen meals as an underdeveloped opportunity. Decupper said replicating Nomad's 7% meals share in France across Germany and the U.K. would represent roughly EUR 115 million of incremental net sales. Nomad recently took 60 days to move a microwaveable frozen-meal bowl concept from identification to launch in Germany and Austria, she said. President of Southern Europe Jon Fernandez de Barrena described pizza and ice cream as major white-space opportunities. Nomad said a 5% pizza share in key markets including Germany, France and Italy could generate about EUR 140 million to EUR 148 million of incremental revenue. In Belgium, the company said its recently launched pizza brand had reached more than 2% total frozen pizza share and nearly 18% of the premium American pizza segment with 31% weighted distribution. In ice cream, Nomad said capturing 1% share across the four largest European markets could produce more than EUR 70 million in incremental net sales. Fernandez de Barrena also said the company sees hard discount and food service as meaningful channel opportunities, estimating potential incremental sales of about EUR 150 million and EUR 200 million, respectively, if it improves its participation. Supply chain savings and cash-flow plans. Chief Supply Chain Officer Eduardo Bachiega said Nomad's manufacturing network is operating at less than two-thirds capacity utilization. The company aims to increase utilization from approximately 63% to more than 70% by 2029, partly through bringing more third-party production in-house and closing two facilities. Nomad expects external production volume to decline from 22% currently to below 18% by the end of 2028. It also expects EUR 180 million to EUR 200 million in cumulative cost-of-goods-sold savings from 2027 through 2029, including procurement, manufacturing efficiency and logistics initiatives. Including overhead programs, total targeted savings are EUR 200 million to EUR 225 million. Baldew said Nomad expects to generate around EUR 550 million of adjusted free cash flow during 2027 through 2029, while maintaining its quarterly dividend of $0.70 per share. The company expects net debt to EBITDA to decline toward 3.4 times by the end of 2029. Baldew said Nomad has no debt maturities until 2032, about 70% of its debt is fixed and its average borrowing cost is approximately 5.2%. Management said it plans to take a more measured pricing approach than it did during the 2022-2023 inflationary period, when aggressive price increases contributed to volume, distribution and market-share losses. The company expects high-single-digit inflation in 2027, driven largely by fish costs, but said productivity, pricing analytics and alternative fish sourcing will help mitigate the impact. About Nomad Foods (NYSE:NOMD). Nomad Foods Ltd. is a European food company focused on frozen foods. Its portfolio includes frozen fish, vegetables, poultry, potato products, meals, and desserts sold through grocery retailers and other food channels. The company markets products under several established brands, including Birds Eye in the United Kingdom and Ireland, iglo in Germany and other European markets, Findus in parts of continental Europe, Aunt Bessie's in the United Kingdom, and Goodfella's frozen pizza in selected markets. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Nomad Foods, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. 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