Reckitt Benckiser Group said on Wednesday Jeff Carr chief financial officer will retire in March 2024 and be replaced by Nike's Shannon Eisenhardt.
Eisenhardt is the finance chief of NIKE Consumer, Brand & Marketplace and has previously led the finance division for NIKE North America and NIKE Emerging Markets.
Past Roles
She spent nearly two decades at P&G in a range of finance roles, and will join Reckitt on 17 October as CFO-designate.
The move comes as Reckitt, whose products also include Nurofen painkillers, Durex condoms and Strepsils cough lozenges, in April 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.
Durante took over in the interim after previous CEO Laxman Narasimhan left the maker of Dettol and Lysol cleaning products in September and subsequently joined Starbucks.
Sales Volume
Reckitt last month reported that sales volume fell 4.3% in the second quarter, while retaining its 2023 target range of 3% to 5% for group like-for-like net revenue growth.
Reckitt is one of the many packaged goods companies that struggled with higher input costs since the start of the COVID-19 pandemic.
Bloomberg News had reported late on Tuesday that Carr, 61, would step down.
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