(Reuters) – British shopper items large Reckitt Benckiser on Wednesday named PepsiCo govt Laxman Narasimhan as its subsequent chief govt officer, to succeed Rakesh Kapoor.

FILE PHOTO: Merchandise produced by Reckitt Benckiser; Vanish, End, Dettol and Harpic, are seen in London, Britain February 12, 2008. REUTERS/Stephen Hird/File Photograph

Narasimhan, PepsiCo’s world chief industrial officer, will be part of Reckitt as CEO-designate and be appointed to the board on July 16. He’ll turn out to be group CEO on Sept. 1, the corporate stated in a press release.

Narasimhan joins Reckitt at a time the corporate is scuffling with slower development, little pricing…

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