Smith and Nephew CFO Hennah to join Reckitt

DRUGS and hygiene giant Reckitt Benckiser has appointed a new chief financial officer to replace Liz Doherty.

Reckitt Benckiser, which has research and development and healthcare manufacturing operations in Hull, where it employs 1,000 people, said today that Adrian Hennah, currently CFO at medical devices company Smith and Nephew, has been appointed to the role. It said Ms Doherty is stepping down.

Rakesh Kapoor, chief executive, said: “I am pleased to welcome Adrian Hennah as CFO. His global experience, especially in the health care industry, will be very valuable as we execute our strategy of extending our health and hygiene Powerbrands internationally, with a particular focus on emerging markets.”

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“I want to thank Liz for her excellent support over the past two years. She has strengthened our finance function around the world, and has been instrumental in helping to ensure a smooth CEO transition for the business. However, Liz and I have agreed that RB’s and her way of working are not as well matched as either of us would like, and now is the right time for her to move to a new opportunity.”

Ms Doherty will stay with the business until March 2013 and Mr Hennah will join at end December 2012. Reckitt is the company behind Durex condoms and cleaning product Dettol.

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