Reckitt Benckiser CFO Carr to retire

(Sharecast News) - Reckitt Benckiser said on Wednesday that chief financial officer and executive director Jeff Carr plans to retire at the end of March next year. Nike's Shannon Eisenhardt will join the consumer goods group on 17 October as CFO designate to succeed Carr. She currently serves as CFO of consumer, brand & marketplace at the US sportswear retailer.

Prior to taking on her current role, she led finance for Nike North America, the company's largest market, and Nike emerging markets.

Before joining Nike in 2015, Eisenhardt spent nearly to two decades at P&G in a range of finance roles working at corporate, country and regional levels.

Chairman Chris Sinclair said: "On behalf of the board and the entire company, I would like to sincerely thank Jeff for his excellent service to Reckitt. Jeff began his career in Reckitt and returned in 2020 because of his commitment to the company and the fantastic opportunity to grow its leading brands.

"He has been instrumental in driving our strategic and cultural transformation, embedding a strong capital allocation process and delivering a world-class productivity programme over the past three and a half years. He is a highly valued member of the Executive Committee and board."

He said Eisenhardt "brings extensive experience across consumer and retail, having worked with some of the most globally recognised brands, and an impressive and highly relevant international background".