10th September 2003
Management Reorganisation
Reckitt Benckiser Appoints Javed Ahmed,
Area EVP North America & Australia
Reckitt Benckiser plc (RB.L) today announced the appointment of Javed Ahmed as
Executive Vice President North America and Australia and member of the
Executive Committee. This follows the departure of Ken Stokes from the Company.
Javed Ahmed is currently and remains Regional Director North America Household,
a position he has filled since 2001. Previously, he was General Manager
Northern Europe (UK & Scandinavia) and General Manager Canada. Before joining
Reckitt Benckiser, Javed worked for Bain & Co. and Procter & Gamble.
At the same time, Reckitt Benckiser is making some other changes to its
organisational structure to reflect market development. These are: -
* Creation of an Area covering all of Europe through combining the previous
Eastern Europe region with Western Europe. Erhard Schoewel will now be EVP
responsible for all of Europe.
* Creation of an Area covering Asia, Africa Middle East and Latin America,
combining all of the Company's lesser-developed markets into a single Area.
Freddy Caspers will be EVP for this Developing Markets Area.
* Following these changes, the streamlined Area that remains will consist of
North America (Household and Food) and Australia New Zealand. Javed Ahmed
will assume responsibility for this North America & Australia Area in
addition to continuing his existing responsibility as Regional Director for
the NA Household Business.
These organisational changes are designed to better reflect changing market
circumstances and in particular to combine markets with similar characteristics
and challenges together.
Commenting on these changes, Bart Becht, Chief Executive Officer of Reckitt
Benckiser plc, said
'The organisational changes announced today will make for a more logical and
efficient geographical structure for the Company, bringing countries with
similar challenges and opportunities together under leadership most suited to
further developing the Company. We believe the new structure will help to
sustain and build on the performance of the Company in recent years.
'I pay tribute to the immense contribution that Ken Stokes has made in his 14
years with the Company in the creation of a world leading consumer goods
company. We wish him and his family well for the future and thank him for all
that he has done.
'We are delighted to have Javed assume responsibility for all of North America
and Australia New Zealand in addition to his current responsibility for North
America household. Javed's long experience of general management in the Company
and his successful track record in the UK and more recently in North America
make him well suited to the challenges.'
For Further Information
Tom Corran Reckitt Benckiser telephone +44 (0) 1753 217 800
SVP investor relations & corporate communications
Executive Biography
Javed Ahmed
Pakistani / American 42 Years Old
1982 Graduate of Williams College, USA in Economics
1984 MBA, Stanford School of Business
1983 Procter & Gamble International, various positions in USA and Switzerland
1986 Bain & Company, positions in USA and UK
1992 Joined Benckiser as General Manager, Benckiser Canada
1995 General Manager, Benckiser UK
1999 Regional Director Northern Europe, (UK & Scandinavia)
Reckitt Benckiser.
2001 Regional Director, North America Household, Reckitt Benckiser
Note
Reckitt Benckiser is the world leader in household cleaning (excluding laundry)
and a major player in Health & Personal Care. It has operations in 60 and sales
in 180 countries for such world leading brands as Vanish fabric treatment,
Lysol and Dettol disinfectants, Harpic lavatory care, Calgonit & Finish
automatic dishwashing products, Veet depilatories and Airwick air care. The
Company has global sales of over £3.5bn ($5bn), is a UK listed and based
multinational with 23,000 employees. Reckitt Benckiser is among the top 30
companies in the FTSE 100 index, is a constituent of the MSCI Global Index, the
S&P Global 350 and is included in the Forbes 500 and Business Week European Top
50.
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