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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Reckitt Benckiser    RB.   GB00B24CGK77

RECKITT BENCKISER

(RB.)
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Reckitt Benckiser Group Appoints Laxman Narasimhan as New CEO

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06/12/2019 | 02:31am EDT

By Anthony O. Goriainoff

Reckitt Benckiser Group PLC (RB.LN) said Wednesday that it has appointed Laxman Narasimhan as chief executive effective Sept. 1, succeeding Rakesh Kapoor.

The consumer-goods group said Mr. Narasimhan will join the company as CEO designate and will be appointed to the board as an executive director effective July 16. Mr. Narasimhan is currently Global Chief Commercial Officer at Pepsi and was the company's CEO for Latin America, Europe and Sub-Saharan Africa operations. He also served as PepsiCo's Senior Vice-President and CFO of PepsiCo Americas Foods.

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

Stocks mentioned in the article
ChangeLast1st jan.
LONDON SUGAR 0.27% 334.1 End-of-day quote.0.03%
PEPSICO -0.35% 132.06 Delayed Quote.19.95%
RECKITT BENCKISER -0.90% 6522 Delayed Quote.9.48%
RECKITT BENCKISER GROUP PLC-ADR End-of-day quote.
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Financials (GBP)
Sales 2019 12 961 M
EBIT 2019 3 472 M
Net income 2019 2 344 M
Debt 2019 9 242 M
Yield 2019 2,73%
P/E ratio 2019 18,82
P/E ratio 2020 17,52
EV / Sales 2019 4,21x
EV / Sales 2020 3,97x
Capitalization 45 329 M
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Technical analysis trends RECKITT BENCKISER
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 69,0  GBP
Spread / Average Target 7,8%
EPS Revisions
Managers
NameTitle
Rakesh Kapoor Chief Executive Officer & Executive Director
Christopher A. Sinclair Chairman
Adrian Nevil Hennah Chief Financial Officer & Executive Director
Seth Cohen Chief Information Officer
Warren Gordon Tucker Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
RECKITT BENCKISER9.48%56 600
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UNILEVER (NL)15.67%175 915
UNILEVER21.30%175 915
UNILEVER NV (ADR)13.72%175 719
COLGATE-PALMOLIVE COMPANY23.34%60 688