Reckitt names Kris Licht as CEO, beats sales estimates

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Reckitt names Kris Licht as CEO, beats sales estimates
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Reckitt Benckiser has named company insider Kris Licht as CEO designate to succeed Nicandro Durante, taking the helm by the end of the year after a transition period

Products produced by Reckitt Benckiser; Vanish, Finish, Dettol and Harpic, are seen in London February 12, 2008. REUTERS/Stephen Hirdhas named company insider Kris Licht as CEO designate to succeed Nicandro Durante, taking the helm by the end of the year after a transition period.

"Having played a pivotal role in both the transformation strategy and the significant turnaround of our Health GBU over the last three years, Kris is the right leader to take Reckitt on the next stage of its exciting journey," Durante, a former BAT"It was a very well-informed choice and the board had the luxury of time because I was here ... that's why the process took eight months.

"A good set of results after what has been quite a choppy time for the company," Denman said, referring to the CEO's looming departure.

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