Sunday, January 17, 2016

Rakesh Kapoor: RB CEO

Rakesh Kapoor was born on August 4, 1958, in Bareilly, India. He attended Modern School, New Delhi, India and has a BE (Hons) in Chemical Engineering from the Birla Institute of Technology and Science (BITS), Pilani. He took up further studies and holds an MBA from XLRI - Xavier School of Management, Jamshedpur, India. 
Rakesh joined RB in 1987 when it was known as Reckitt & Colman before it later merged with Benckiser. He served in various positions such as: Regional Sales Manager, North India; General Manager, Indian Southern Region; and Regional Marketing Director, South Asia. Rakesh was appointed Global Category Director, Pest Control in 1999. 
After the merger he was appointed Senior Vice President, Home Care. Rakesh was named SVP, Regional Director, Northern Europe in 2001. He was named EVP, July 2006, with responsibility for global category management, research and development, media, market research and strategic alliances. 
On September 1, 2011, Rakesh was appointed CEO. He replaced Bart Becht, who had assumed the role since the firm was formed in 1999 as a result of the merger of Benckiser with Reckitt & Colman. 
The company that Rakesh leads has 37,200 employees and generates sales of over $14 billion. It is headquartered in Slough, England. Reckitt Benckiser Group Plc is a manufacturer and marketer of branded products in household, health and personal care, selling products through more than 60 operating companies in almost 200 countries. The company analyzes its revenue based on health, hygiene, home and portfolio brands together with RB Pharmaceuticals and Food. RB’s geographical segments include: Europe and North America (ENA); Latin America, North Asia, South East Asia and Australia and New Zealand (LAPAC); and Russia and CIS, Middle East, North Africa, Turkey and Sub-Saharan Africa (RUMEA). 
The key brands of the company include Durex, Gaviscon, Mucinex, Nurofen, Scholl, Strepsils, Airborne, MegaRed, Move Free, Bang, Clearasil, Dottel, Finish, Harpic, Lysol, Mortein, Veet Air Wick, Calgon, Vanish and Oolite.
Reckitt Benckiser announced in 2014, that it was dropping its full name and would be known as RB. Rakesh stated that the old name was “a bit of a mouthful” and the name change would make life easier. 

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