4th Dec 2019 14:50
(Alliance News) - Consumer goods company Reckitt Benckiser Group PLC said Wednesday it has made several management changes which will focus on "delivering the next phase of transformation and continue to evolve the strong culture of the business".
Reckitt - which owns brands such as Dettol, Durex and Strepsils, has appointed the current chief financial officer of Hygiene Home business Harold van den Broek as chief operating officer of the business unit.
Rob de Groot, president of the Hygiene Home, is stepping down from his role effective immediately and will leave the company in February, after a handover period.
Kris Licht, who joined Reckitt Benckiser in November from Pepsico Inc, will be taking up a newly created role of chief transformation officer and will also be a member of the company's executive committee.
Reckitt said these appointments follow the recent appointment of Jeff Carr as chief financial officer of the group, replacing Adrian Hennah who has held the post since 2013.
In October Reckitt Benckiser reported a "disappointing" third quarter performance and cut its annual sales estimate for a second time in 2019.
The company said it expected its 2019 like-for-like net revenue growth to be in the range of flat to 2% from previous 2% to 3% growth estimate. In July, Reckitt lowered its annual like-for-like sales growth target to range of 2% to 3% from 3% to 4%.
Reckitt Benckiser shares were up 0.2% in London at 5,917.00 pence each on Wednesday.
By Loreta Juodagalvyte; [email protected]
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