Reckitt Benckiser chief executive Rakesh Kapoor is due to retire from the owner of infant nutrition maker Mead Johnson and UK-based consumer goods giant by the end of the year.

Kapoor has served as CEO of Reckitt Benckiser for eight years and oversaw the acquisition of US-based Mead Johnson, which produces the Enfamil baby formula brand, in 2017.

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He has spent a total of 20 years at the London-listed firm, which is located just outside the capital in Slough, Berkshire.

A process to find a replacement is currently underway with both internal and external candidates up for consideration, according to a statement today (16 January).

Kapoor said: “The last two years in particular, have been transformational with the acquisition of Mead Johnson, the catalyst for the creation of our two business units – Health and Hygiene, and Home. 2020 will herald a new decade and I believe now is a good time for new leadership to take this great company through the next phase.” 

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As well as the Enfamil brand, Reckitt Benckiser also owns the Gentelease and Nutramigen labels through its acquisition of Mead Johnson. It also counts Dettol and Durex, along with the consumer-health brands Nurofen and Strepsils among its portfolio.

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Seven months after striking the deal for Mead Johnson, Reckitt Benckiser sold its existing food assets, including French’s and Frank’s RedHot sauces, to US manufacturer McCormick & Co.

just-food analysis from February 2017: Why Reckitt Benckiser has moved for Mead Johnson

just-food analysis from July 2017: McCormick hot on Reckitt sauces deal despite fiery multiple