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.
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