Stock Market News
Reckitt names insider Darroch as new chairman as Sinclair to retire
2023.11.15 02:51
© Reuters. A selection of Enfa products, a brand of Reckitt Benckiser Group PLC, are seen on display in a store in Manhattan, New York City, U.S., March 24, 2022. REUTERS/Andrew Kelly
(Reuters) -British consumer goods company Reckitt said on Wednesday Chris Sinclair planned to retire as chairman after nine years, and would be succeeded by Jeremy Darroch at the end of its annual general meeting in May 2024.
The latest appointment follows changes in top management at the firm this year. In August, Nike (NYSE:)’s Shannon Eisenhardt was named finance boss months after insider Kris Licht was appointed CEO-designate.
Darroch, who has served on the board of Marks and Spencer (LON:), joined Reckitt’s board as a senior independent non-executive director last November, the maker of Durex condoms and Lysol cleaning products said.
