21st Jan 2013 12:00
RECKITT BENCKISER GROUP PLC - Directorate ChangeRECKITT BENCKISER GROUP PLC - Directorate Change
PR Newswire
London, January 21
21 Jan 2013 12:00 GMT
Reckitt Benckiser announces theRetirement of the Executive Vice President, Latin America & Asia Pacific, and
appoints successorReckitt Benckiser Group plc (RB) announces that Freddy Caspers, Executive VicePresident for the Latin America and Asia Pacific area (LAPAC), and ExecutiveCommittee member, will retire on 30 June 2013. Roberto Funari, currently GroupMarketing Director and Executive Committee member, Imperial Tobacco PLC, willjoin RB as his successor.
Freddy Caspers, a German national, is retiring after a16-year career with RB,during which he has served in a number of roles across the world and has been akey contributor to the successful growth of the emerging markets. Shortly afterjoining RB he was appointed EVP for Eastern Europe, then EVP Rest of the World,then EVP of Developing Markets and in 2011 EVP of LAPAC.
Roberto Funari, a Brazilian national, is rejoining RB following two years atImperial Tobacco. In his prior 12-year career with RB, Roberto rose rapidlythrough the organisation, holding increasingly senior marketing and generalmanagement roles in both emerging and developed markets, including Brazil,Netherlands, South Africa and Central Europe. His last role was as globalcategory officer for fabric and home care. He will rejoin the business on 1March to enable a comprehensive handover and smooth transition.
Rakesh Kapoor, RB chief executive, said: "I would like to thank Freddy for hisimmense contribution to the growth and success of the company. As a clearexample of the scale of his contribution since the merger, our developingmarkets business has grown at double digits, substantially ahead of marketgrowth. At the same time, operating margins are now close to 20%. Importantly,he has built a strong organization across his regions and has helped to developthe next generation of management talent. He advised me of his desire toretire some time ago, ensuring we were able to carefully plan his succession tominimise any disruption. All of us in the company wish Freddy a long, healthyand happy retirement."
Rakesh Kapoor continued, "I am delighted to be welcoming back Roberto Funari, ahighly respected and liked colleague globally. His achievements at ImperialTobacco show that he has continued to grow his experience and leadership. RB'sgoal is to grow emerging markets from 42% in 2012 to 50% of our company's corenet revenue by 2016. I am very confident that Roberto will be a key driver inthe delivery of this result, as was Freddy before him."
-ENDS-For further information please contact:
RB +44 (0)1753 217800Richard Joyce Director, Investor Relations Andraea Dawson-Shepherd +44 (0)1753 446447 SVP, Global Corporate Communication & Affairs Brunswick (Financial PR) +44 (0)20 7404 5959David Litterick
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