Verallia, a glass packaging provider for food and beverages, has named Cristina Riesgo as its new chief financial officer (CFO).
Riesgo will assume the new responsibility on 1 March 2026, succeeding Nathalie Delbreuve.
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Riesgo has more than two decades of experience in financial roles across various international companies and sectors.
She started her career at General Electric (GE), rising through the ranks in finance.
Early in her career, she was appointed head of controlling for one of the company’s divisions, creating its first commercial finance team and reinforcing risk management and performance strategies.
Her trajectory at GE continued with a series of global leadership roles including financial planning and analysis leader, CFO for Supply Chain Factories, and business development and mergers and acquisitions leader.
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By GlobalDataIn 2020, she moved to Siemens Gamesa as CFO of its Onshore division, where she managed the financial operations for a $6bn (€5.12bn) business and led a team of 400 finance professionals.
Riesgo added: “I am delighted to contribute to Verallia’s development by ensuring robust financial governance and driving initiatives that support profitable and sustainable growth. In an evolving and challenging environment, maintaining financial agility and discipline is key to enabling innovation and securing the long-term future of the glass industry.”
Riesgo will report to Verallia Group CEO Patrice Lucas and be a part of the executive committee.
Lucas said: “I am thrilled to welcome Cristina as our new CFO. I am very confident that her leadership and experience will play a key role in shaping the next chapter of our success.”
Riesgo is expected to play a key role in supporting the group’s growth plans and strategic objectives, in line with its stated purpose to “reimagine glass for a sustainable future”.
As a result of Riesgo’s scheduled start date, Verallia has postponed its Capital Market Day from January 2026 to the third quarter of the year to accommodate her transition and involvement in the event’s preparation.
Verallia operates 35 glass production sites in 12 countries, supported by a workforce of nearly 11,000.
It reported revenues of €3.5bn in 2024 and produced more than 16 billion glass bottles and jars.
