New consumer CEOs are about to clean up
The sector is undergoing its biggest leadership shake-up in decades. Newcomers must turn around their corporate homes or keep them steady
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THE consumer goods sector is undergoing its biggest management shake-up in decades – one that could transform the makers of everything from Vaseline to vodka.
During the past six months or so, there’s been a raft of leadership changes at some of the world’s biggest brand manufacturers. But not all opportunities are created equal. For all its recent turbulence, Unilever’s new chief executive officer stands the best chance of creating value.
The revolving doors swung open last September, when Reckitt Benckiser Group chief executive officer (CEO) Laxman Narasimhan quit to join Starbucks. The maker of Nurofen painkillers and Dettol disinfectant is still searching for a replacement.
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