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Whirlpool CEO expects to ‘further reset’ cost structure in 2024
The Fly

Whirlpool CEO expects to ‘further reset’ cost structure in 2024

“In 2023, we delivered over a point of North America share gains and approximately $800 million of cost take out as expected” said Marc Bitzer, chairman and CEO of Whirlpool Corporation “Looking forward to 2024 we expect to further reset our cost structure with an additional $300 – $400 million of cost take out, while our portfolio transformation will unlock margin lift with the close of the Europe transaction, expected in April 2024.”

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