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The outgoing Reckitts CEO is getting an even higher profile job with more pay. Good luck with that being okay…

By Chris Bailey of Financial Orbit | Sunday 4 September 2022


On Thursday last week I asked the question “Why has there been a CEO change at Reckitt Benckiser (RKT)?”  observing that the news its “CEO, Laxman Narasimhan will step down as Chief Executive Officer on September 30, 2022” covers many angles.  And whilst “Laxman has decided for personal and family reasons to relocate back to the United States and has been approached for an opportunity that enables him to live there”, we learnt on Friday that - as the Guardian put it - reality was all about “from Slough to Seattle: the challenges facing Starbucks’ new boss”...

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