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2008.06.27

Ex-Proctor & Gamble Exec May Head EMI

Emi_logo Guy Hands is reportedly negotiating with Elio Leoni Sceti, the head of home and heath product manufacturer Reckitt Benckiser in the EU to run EMI’s struggling record division.

Formerly with Proctor & Gamble, Sceti now watches over such brands as Airwick, Finish and Veet and is the leader among a half-dozen potential candidates who Terra Firma is talking to. “He is probably currently in the lead if he wants to take it,” a source told the Financial Times. Hands is also said to have approached both film and newspaper industries executives.

It's a fitting choice for Hands, who made his mark turning around highway gas stations in part by offering cleaner restrooms.

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