Colin Day bids farewell to Reckitt Benckiser
CFO exits Reckitt to concentrate on non-exec portfolios
Colin Day will walk away from Reckitt Benckiser in March, after ten years
with the cleaning products manufacturer.
Reckitt’s share price slumped about 3% on the news earlier today.
The 54-year-old chief financial officer will leave the FTSE 100 company to
focus on his non-executive positions and other career interests, according to a
statement to the stock market this afternoon.
Mr Day presided over the £1.96 billion Boots Healthcare International
acquisition in 2006 along with the £2.54 billion takeover of the condom maker
SSL in July.
Reckitt Benckiser board said now was a good time to appoint a successor keen
to focus on leading the company’s finance function.
The board thanked Day for his significant contribution to the performance of
the business and in particular his strong financial management.