Leading global consumer goods firm Reckitt Benckiser Group plc announced appointment of India-born Rakesh Kapoor as the Chief Executive Officer designate of the company.
Kapoor will take over as RB's CEO with effect from September 1, 2011, from Bart Becht, who has held the post for 16 years.
"The Board of Reckitt Benckiser Group plc today announces the retirement of Bart Becht as CEO and is pleased to announce the appointment of Rakesh Kapoor as CEO designate," the company said in a statement.
Kapoor, who joined RB in India in 1987, is currently the Executive Vice-President global category development at RB and an Executive Committee member.
"Rakesh Kapoor becomes CEO effective September 1, 2011, with 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 Kapoor's appointment, RB Chairman Adrian Bellamy said: "The Board is delighted that someone of Rakesh Kapoor's calibre is able to step into
the role of CEO.