THE WHAT? Reckitt Benckiser has introduced that Chris Sinclair will retire as Chair and step down from the board, having accomplished full 9-year time period subsequent 12 months following the AGM in Could. Sir Jeremy Darroch has been named as his successor.

THE DETAILS Sir Darroch joined the Board as Senior Impartial Non-Govt Director in November 2022. He boasts appreciable experience within the shopper retail atmosphere constructed up over a profitable profession at among the UK’s most high-profile corporations. He’s at the moment the Chair of the Nationwide Oceanography Centre, and is a seasoned Non-Govt Director having held board positions at Marks and Spencer Group and Burberry Group.

THE WHY? Sinclair feedback, “Reckitt is a robust, properly invested enterprise that’s absolutely centered on enhancing returns to shareholders. It additionally has a singular tradition that has made my time with the Reckitt group extraordinarily fulfilling and I’m delighted to be handing over to Sir Jeremy Darroch who has agreed to be the subsequent Chair of Reckitt. Jeremy is an impressive chief and the best appointment for Reckitt. He has appreciable experience within the shopper retail atmosphere from his govt profession at Sky, DSG Worldwide and at Proctor & Gamble, a ardour for accountable and sustainable enterprise and a monitor report of shareholder worth creation.”