Doc re Management Changes
19 May 2006
EXECUTIVE COMMITTEE CHANGES
Reckitt Benckiser plc (RB.L) today announced a number of changes of management
on its Executive Committee.
Erhard Schoewel, (German, 57) EVP Europe, will retire from the Company on 30th
June 2006 after 27 years with the Company. Erhard joined Benckiser in January
1979, serving the Company in various sales and marketing functions in Germany
and subsequently as General Manager in Germany and Italy. In 1997 he was
appointed EVP Central Europe for Benckiser NV ahead of its IPO. At the merger
to create Reckitt Benckiser plc, he was appointed EVP Europe.
Elio Leoni Sceti (Italian, 40) is appointed EVP Europe, effective 1st July
2006. Elio joined Benckiser in 1992 and has served in various marketing roles,
and as General Manager in Germany and then Italy. Following the merger in 1999,
he was appointed SVP North American Household, and subsequently EVP Category
Development in 2001.
Rakesh Kapoor (Indian, 47) is appointed EVP Category Development and a member
of the Executive Committee effective 1st July 2006. Rakesh joined Reckitt &
Colman 1987, rising to become marketing director South Asia in 1996. In 1997 he
was appointed Global Marketing Projects Director based in the UK. Following the
merger in 1999, Rakesh was appointed Group Category Director, Home Care. In
2001, Rakesh was appointed Regional Director Northern Europe, responsible for
UK Household and Healthcare, Ireland and Scandinavia.
Tony Gallagher, SVP Information Services, retired from the Company on 31st
March 2006 as previously communicated.
Gareth Hill (South African, 39) is appointed SVP Information Services and a
member of the Executive Committee. He will take up his position later this
year. He has been Information Systems Director at Arcadia Group Ltd since 2000,
having previously worked at IBM UK Ltd. He is a qualified chartered accountant
and has a Bachelor of Commerce degree from the University of Cape Town, South
Africa.
Bart Becht, Chief Executive Officer of Reckitt Benckiser plc, made the
following comments today: -
"I would like to thank Erhard for his immense contribution to Reckitt Benckiser
over the last 27 years. In his time with the Company he has been product
manager, Sales Director and General Manager Germany, General Manager Italy and
EVP Europe. Erhard has been a key contributor in building Benckiser from a
small private household cleaning company into a leading publicly quoted fast
moving consumer goods company in household and health & personal care.
"As a clear example of the scale of his contribution since the merger, as EVP
Europe, he has increased European net revenues to £2.1bn, representing a
compound growth rate of over 6%, substantially ahead of market growth. At the
same time, profits over this time have doubled to over £500m. Importantly, he
has built a strong organisation across the region, including Eastern Europe,
and has helped to develop the next generation of management talent, three
members of the current EC have over time reported to him.
"We will miss his experience, counsel and passion for the Company and its
brands and people.
"I also would like to pay public tribute to Tony Gallagher's major
contributions as SVP Information Services since 1997. From a set of completely
disparate systems around the world, Tony and his team have given Reckitt
Benckiser globally standardised platforms and systems at highly competitive
cost.
"All of us inside the Company wish both Erhard and Tony a long, healthy and
happy retirement.
"While we are sorry to see them both depart, the announcement of new
appointments to the Executive Committee shows that our management succession is
delivering the necessary flow of talent for the future. I have full confidence
in Elio and Rakesh, in their new roles on the Executive Committee, where they
bring many years of experience at Reckitt Benckiser in a variety of marketing
and general management positions. We wish them well in their new positions. We
also look forward to welcoming Gareth Hill to the Company. He will bring a
range of business, financial and IS experience to the Company."
For Further Information
Tom Corran, SVP Investor Relations & Corporate Communications
Telephone +44 (0) 1753 217 800
Fiona Fong, Head of Corporate Communications
Telephone +44 (0) 1753 217 800