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Home Industry News Reckitt Benckiser announces change of CEO

Reckitt Benckiser announces change of CEO

14th April 2011

Reckitt Benckiser has announced the imminent retirement of chief executive officer (CEO) Bart Becht following a 16-year tenure in the role.

Mr Becht is to step down on September 1st 2011 and will be succeeded by Rakesh Kapoor, the current executive vice-president for global category development at the company.

The new CEO designate joined Reckitt Benckiser's Indian operations in 1987 and has been credited with helping its UK and European operations to grow to their highest ever performance levels.

He played a key role in the crucial Boots Healthcare International acquisition in 2006, as well as being involved in the more recent takeovers of SSL International and Paras India, the latter of which was finalised at the beginning of this week.

To ensure a smooth transition, Mr Becht will stay on in an advisory role to the new CEO until September 2012.

Mr Kapoor said: "I am delighted to take on this role and very much look forward to leading the business to its next stage of growth and performance."ADNFCR-8000103-ID-800500308-ADNFCR

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