Rakesh Kapoor global CEO of Reckitt Benckiser
14 April 2011
press trust of india
NEW DELHI, 14 APRIL: Leading global consumer goods firm Reckitt Benckiser Group plc (RB) today announced appointment of India-born Mr Rakesh Kapoor as the chief executive officer designate of the company. Mr Kapoor will take over as RB's CEO with effect from 1 September 2011 from Mr Bart Becht, who has held the post for 16 years.
“The board of Reckitt Benckiser Group plc (RB) today announces the retirement of Mr Bart Becht as CEO and is pleased to announce the appointment of Mr Rakesh Kapoor as CEO designate,” the company said in a statement.
Mr Kapoor who joined RB in India in 1987 is currently the executive vice-president global category development at RB and an executive committee member.
“Mr Rakesh Kapoor becomes CEO effective 1 September 2011 with Mr Bart Becht staying on as part-time adviser to Rakesh and the board until September 2012 to ensure a smooth transition,” the statement said.
Commenting on Mr Kapoor's appointment, RB chairman, Mr Adrian Bellamy said: “The board is delighted that someone of Mr Rakesh Kapoor's calibre is able to step into the role of CEO.
“His close involvement in the drivers of success at RB and significant achievements to date are reassurance that the excellent performance for which RB has become renowned is set to continue”.
Mr Kapoor was appointed to the executive committee in 2006. Prior to this he had a successful career in RB.
“Having led the pan-European and largest health care business in RB, when also leading Northern Europe, he was one of the architects of the Boots Healthcare International acquisition in 2006 which transformed RB into a global consumer health care company,” the statement said.