Reckitt Benckiser Gp Directorate Change

 
TIDMRB. 
 
21 Jan 2013 12:00 GMT 
 
                        Reckitt Benckiser announces the 
 Retirement of the Executive Vice President, Latin America & Asia Pacific, and 
                              appoints successor 
 
Reckitt Benckiser Group plc (RB) announces that Freddy Caspers, Executive Vice 
President for the Latin America and Asia Pacific area (LAPAC), and Executive 
Committee member, will retire on 30 June 2013. Roberto Funari, currently Group 
Marketing Director and Executive Committee member, Imperial Tobacco PLC, will 
join RB as his successor. 
 
Freddy Caspers, a German national, is retiring after a16-year career with RB, 
during which he has served in a number of roles across the world and has been a 
key contributor to the successful growth of the emerging markets. Shortly after 
joining RB he was appointed EVP for Eastern Europe, then EVP Rest of the World, 
then EVP of Developing Markets and in 2011 EVP of LAPAC. 
 
Roberto Funari, a Brazilian national, is rejoining RB following two years at 
Imperial Tobacco. In his prior 12-year career with RB, Roberto rose rapidly 
through the organisation, holding increasingly senior marketing and general 
management roles in both emerging and developed markets, including Brazil, 
Netherlands, South Africa and Central Europe. His last role was as global 
category officer for fabric and home care. He will rejoin the business on 1 
March to enable a comprehensive handover and smooth transition. 
 
Rakesh Kapoor, RB chief executive, said: "I would like to thank Freddy for his 
immense contribution to the growth and success of the company. As a clear 
example of the scale of his contribution since the merger, our developing 
markets business has grown at double digits, substantially ahead of market 
growth. At the same time, operating margins are now close to 20%. Importantly, 
he has built a strong organization across his regions and has helped to develop 
the next generation of management talent.  He advised me of his desire to 
retire some time ago, ensuring we were able to carefully plan his succession to 
minimise any disruption. All of us in the company wish Freddy a long, healthy 
and happy retirement." 
 
Rakesh Kapoor continued, "I am delighted to be welcoming back Roberto Funari, a 
highly respected and liked colleague globally. His achievements at Imperial 
Tobacco show that he has continued to grow his experience and leadership. RB's 
goal is to grow emerging markets from 42% in 2012 to 50% of our company's core 
net revenue by 2016. I am very confident that Roberto will be a key driver in 
the delivery of this result, as was Freddy before him." 
 
                                    -ENDS- 
 
For further information please contact: 
 
RB                                                           +44 (0)1753 217800 
Richard Joyce 
Director, Investor Relations 
 
Andraea Dawson-Shepherd                                      +44 (0)1753 446447 
SVP, Global Corporate Communication & Affairs 
 
Brunswick (Financial PR)                                     +44 (0)20 7404 5959 
David Litterick 
 
 
 
 
 
END 

(END) Dow Jones Newswires

January 21, 2013 07:00 ET (12:00 GMT)

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