The move means key decisions will be made outside of Switzerland for the first time in the vending giant’s 69-year history as part of a major turnaround strategy
Selecta Group has announced a major operational change designed to kickstart a turnaround strategy under new CEO, Venkie Shantaram.
The global vending giant overhauled its senior management team in the second half of 2025 to counter falling sales and ongoing debt concerns. It is now banking that a change of scene for key decision-making will move the dial further.
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