Alain Le Goff EVP Supply Retires: Successor ann...

17th February 2008 External Announcement Alain Le Goff, EVP Supply Chain, To Retire: Successor Announced After a 23-year distinguished career at Reckitt Benckiser Alain Le Goff, EVP supply, is to retire from the business, effective mid-March 2009. He will be succeeded by Amedeo Fasano, currently SVP supply in developing markets, who will take his place on the Executive Committee. Alain joined the company in 1986 as industrial director in France and then Germany, and became overall logistics director shortly thereafter. He became EVP supply ahead of the creation of Reckitt Benckiser and has served on the executive committee ever since. He was the architect of both the SQUEEZE* and X-trim* continuous cost optimisation programmes the business has followed, which have helped drive the company's gross margin performance to one of the highest in the industry. Amedeo Fasano is announced as EVP supply. Amedeo joined the company in 1997 as supply director for Italy. He has held supply leadership roles in Europe and North America and is currently leading the supply function for developing markets. - ENDS - For further information contact: David Litterick, Brunswick - +44 (0) 207 404 5959 Andraea Dawson-Shepherd, Reckitt Benckiser - +44 (0)1753 217800 Notes to Editors * SQUEEZE is a program that drives out non-value adding cost by changing and standardising existing finished goods designs and specifications, without any consumer-perceived reduction in quality. *X-Trim is a programme that aims to enhance gross margin and drive out non-value adding costs by improving manufacturing and logistics processes, without any consumer perceived reduction in quality of performance About Reckitt Benckiser Reckitt Benckiser is a world leader in household, health and personal care. It is a FTSE top 25 company and since 2000 net revenues have doubled and the market cap has quadrupled. Today it is the global No 1 or No 2 in the majority of its fast-growing categories, driven by an exceptional rate of innovation - near 40% of revenue comes from innovations launched in the prior 3 years. It has a strong portfolio led by 17 global powerbrands which are: Finish, Lysol, Dettol, Vanish, Woolite, Calgon, Airwick, Harpic, Bang, Mortein, Veet,, Nurofen, Clearasil, Strepsils Gaviscon, Mucinex and French's, and they account for over two thirds of its net revenue. Reckitt Benckiser people are at the heart of the company's success. They have an intense drive for progress and action and a desire to outperform wherever they focus, including in CSR where the Company has the most ambitious corporate responsibility programme in the industry through its Carbon 20 initiative. Headquartered in the United Kingdom, the Company employs 23,000 people worldwide, with operations in 60 countries and sales in 180 countries. For more information visit RECKITTBENCKISER.COM
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