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Henkel CEO Says To Stay On His Post And Manage U.S. Expansion

November 17, 2015: 12:00 AM EST
Henkel AG chief executive officer Kasper Rorsted he will stay on as CEO at least until his contract ends in 2017 to steer the company’s expansion plans in the United States. Rorsted said his company’s focus remains on expanding its share of the U.S. market despite Henkel’s failure to acquire haircare brands sold by Procter & Gamble in July 2015. At present, the company intends to push its Persil detergent brand and Schwarzkopf shampoo brand in the country.
Alex Webb, "Henkel CEO Says U.S. Growth Ambitions Will Keep Him at Helm", Bloomberg, November 17, 2015, © Bloomberg
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