Age, Biography and Wiki
Rakesh Kapoor was born on 4 August, 1958 in India, is a Businessman. Discover Rakesh Kapoor's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 62 years old?
|Age||63 years old|
|Born||4 August 1958|
We recommend you to check the complete list of Famous People born on 4 August. He is a member of famous Businessman with the age 63 years old group.
Rakesh Kapoor Height, Weight & Measurements
At 63 years old, Rakesh Kapoor height not available right now. We will update Rakesh Kapoor's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
|Body Measurements||Not Available|
|Eye Color||Not Available|
|Hair Color||Not Available|
Who Is Rakesh Kapoor's Wife?
His wife is Ritu kapoor
Rakesh Kapoor Net Worth
His net worth has been growing significantly in 2020-2021. So, how much is Rakesh Kapoor worth at the age of 63 years old? Rakesh Kapoor’s income source is mostly from being a successful Businessman. He is from Indian. We have estimated Rakesh Kapoor's net worth, money, salary, income, and assets.
|Net Worth in 2021||$1 Million - $5 Million|
|Salary in 2020||Under Review|
|Net Worth in 2019||Pending|
|Salary in 2019||Under Review|
|Source of Income||Businessman|
Rakesh Kapoor Social Network
|Rakesh Kapoor Twitter|
|Rakesh Kapoor Facebook|
|Wikipedia||Rakesh Kapoor Wikipedia|
In January 2019, Reckitt Benckiser announced that Kapoor is set to retire by the end of 2019. Laxman Narasimhan, PepsiCo's chief commercial officer, will succeed Kapoor as CEO in September 2019.
His salary for 2015 was £23.2 million.High Pay Centre spokesman Stefan Stern singled out an £18m share-based long term incentive payment (LTIP) to Kapoor for performance over three years to end of 2015. “We think these LTIPs are hopelessly flawed instruments. They’re for three years, which isn’t really long term, so they’re badly named.They are clearly skewed if they can generate results like this, with a near 100% increase in package.
In March 2014, in the wake of similar investor backlash protests over compensation for executives at Pearson, Barclays Bank, WPP, which are also listed on The Financial Times Stock Exchange 100 Index — a share index of the 100 companies listed on the London Stock Exchange with the highest market capitalization — over 40 per cent of Reckitt Benckiser shareholders refused to support the company’s remuneration report.
Following discussions with the Financial Services Authority, Reckitt Benckiser belatedly admitted in October 2012, that in 2010 Kapoor had secured a loan against £7.4m worth of shares in the company. Such undisclosed loans are considered more likely to distort an executive's behaviour than borrowings that are open and known to all. This issue of executive disclosures rose to prominence in 2008 when Carphone Warehouse co-founder David Ross had to resign after undisclosed use of £201 million in shares as collateral came to light. According to The Daily Telegraph, "A spokesman for the company said the failure to disclose the loans to the market was not the fault of Mr Kapoor who had told the company of the situation."
Kapoor joined RB when it was known, pre-merger with Benckiser, as Reckitt & Colman in 1987, serving in various roles including: Regional Sales Manager, North India; General Manager, Indian Southern Region; and Regional Marketing Director, South Asia. In 1999, he was appointed Global Category Director, Pest Control. Following the merger, he assumed the role of Senior Vice President, Home Care. He was appointed SVP, Regional Director, Northern Europe in 2001 and in July 2006, he was promoted to EVP, Category Development, with responsibility for global category management, research and development, media, market research and strategic alliances.
Rakesh Kapoor (born 4 August 1958) is an Indian businessman. He was, until September 2019, chief executive (CEO) of Reckitt Benckiser plc, a UK FTSE-listed multinational consumer goods company, a major producer of health, hygiene and home products.