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Reckitt CEO resign on personal grounds; Durante to hold fort in interim

"The chairman and the nomination committee have begun the process to identify the best long-term candidate to take Reckitt on the next phase of its growth and transformation journey," the company said

Reckitt Benckiser CEO Laxman Narasimhan
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Reckitt Benckiser CEO Laxman Narasimhan

Sharleen D’Souza Mumbai
Reckitt Benckiser Group plc’s chief executive officer (CEO), Laxman Narasimhan, will relinquish office on September 30.
Narasimhan has stepped down for personal and family reasons to move back to the United States and has been approached for an opportunity that enables him to live there, the company said in its release.
 
Nicandro Durante, senior independent director, will officiate as CEO as the board evaluates and selects the future leadership.
“The chairman and the nomination committee have begun the process to identify the best long-term candidate to take Reckitt on the next phase of its growth and transformation journey,” Reckitt Benckiser said