Mr. Rakesh Kapoor to be the next CEO of Reckitt Benckiser
Sunday, April 17, 2011
Posted by: BITSAA Newsletter
Rakesh Kapoor, who is currently the Executive Vice President, Global Category Development at Reckitt Benckiser and an Executive Committee member, has been appointed the Chief Executive Officer of Reckitt Benckiser Group plc (RB). Kapoor will take over this new role of CEO with effect from September 1, 2011 from Bart Becht, who has held the post for 16 years.
Mr. Kapoor joined RB in India in 1987 and was a part of the growth story of RB since then. He was appointed to the Executive Committee in 2006, prior to which he led the UK and Northern Europe business to the best financial performance these businesses have ever delivered. He has extensive experience of the household, health and personal care categories, and an intimate knowledge and understanding of consumers and retailers across the globe, in both developing and developed countries. He was involve with the Boots Healthcare International acquisition in 2006 which transformed RB into a global consumer health care company and also played a major role in the recent SSL and Paras India acquisitions of RB.
He is an MBA from XLRI, Jamshedpur, India and a Chemical Engineering graduate from BITS, Pilani.
“The Board is delighted that someone of 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.”- Adrian Bellamy, Chairman
“Consistent with its succession plan, the Board was unanimous in its choice of Rakesh as he has the necessary drive, strategic thinking and operational experience coupled with a more than intimate understanding of and capability to improve RB's financial performance and earnings model. He is supported by an excellent team of senior executives.” - Adrian Bellamy, Chairman
BITSAA Congratulates Mr. Kapoor on his great achievement!
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