Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) has bolstered its boardroom, adding more c-suite expertise in non-executive positions.
Bacardi chief executive Mahesh Madhavan is taking a seat as a non-executive director, whilst ex-Merck chief exec and chair Stefan Oschmann similarly joins as a non-executive director.
Both appointments are effective from 1 January 2025.
"I am delighted that Mahesh and Stefan have agreed to join the Reckitt board,” Reckitt chair Sir Jeremy Darroch said.
“They are both outstanding leaders, with many years' experience as CEOs of large global businesses.
“We welcome the value and expertise both will bring to the board."
In October’s quarterly trading update, Reckitt revealed a drop in sales impacted in particular by its nutrition businesses, though sales across hygiene and health brands picked up by 2.1% and 3.2% respectively.