, Columnist
Reckitt CEO Leaves With the Housework Half Done
Rakesh Kapoor will depart at the end of this year without having proved that the Mead Johnson deal was worth it.
He’s leaving, but there’s still work to be done.
Photographer: Simon Dawson/Bloomberg
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Rakesh Kapoor is going to leave Cillit Bang maker Reckitt Benckiser Group Plc with only half the housework done. The highly paid chief executive officer will step down by the end of 2019 after eight years in the role.
He initially avoided the fate of many leaders who follow a successful and long-serving predecessor — in this case, Bart Becht — by delivering impressive returns to shareholders.