# Reckitt Benckiser Group PLC Rakesh Kapoor to retire as CEO

- Link: https://www.directorstalkinterviews.com/reckitt-benckiser-group-plc-rakesh-kapoor-to-retire-as-ceo/412764306
- Published: 2019-01-16T07:41:03+00:00
- Author: Charlotte Edwards

**Reckitt Benckiser Group PLC** (LON:RB) today announced that Rakesh Kapoor has 
indicated his intention to retire as CEO by the end of 2019, after more than 8 years
as CEO and 32 years at the company.

RB’s Board has now initiated a formal process to appoint his successor, considering
both internal and external candidates.

> **Chris Sinclair, Chairman of the Board, said:** “Under Rakesh’s leadership, RB
> has been transformed from a household cleaning business to a world leader in consumer
> health and hygiene. Rakesh has been both the visionary and the architect behind
> this strategic portfolio transformation since the mid-2000s. He has also developed
> RB2.0 – an organisation designed for sustainable growth and outperformance. On
> behalf of the Board, I want to express our appreciation for his vision, passion
> and leadership over his long and distinguished tenure. We are now commencing a
> formal and comprehensive process to appoint a successor, considering both internal
> and external candidates.”
> **Rakesh Kapoor, Group Chief Executive Officer, said:** “It has been a huge privilege
> to lead RB and I am very proud of the hard work and commitment of our people in
> delivering our success and many achievements. The last two years in particular,
> have been transformational with the acquisition of Mead Johnson, the catalyst 
> for the creation of our two business units, Health and Hygiene, Home. 2020 will
> herald a new decade and I believe now is a good time for new leadership to take
> this great company through the next phase of outperformance. I will remain fully
> focussed on driving the business until a successor is in place.”

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