The group has announced more changes to its executive committee

The group has announced more changes to its executive committee

Diageo is making further changes to its executive committee, while its president for China and India is leaving the group after 19 years. 

Gilbert Ghostine, who only stepped up to the role for China and India this month, will leave Diageo on 30 September, having acccepted another job. A Diageo spokesperson declined to say where he was going but said his new employer would announce his appointment in “due course”. 

Ghostine also held the role of chief corporate development officer. It is understood that the group's head of global business development, Ravi Rajagopal, will continue to lead Diageo's business development on a day-to-day basis, reporting to CFO Deirdre Mahlan.

Sam Fischer, currently Diageo's Greater China MD, will replace Ghostine as the group's Greater China and Asia president and will also join the firm's executive committee.   

Anand Kripalu, CEO of United Spirits, which Diageo took majority control of this month, will also join the group's executive committee. Both Fischer and Kripalu will report to Nick Blazquez, Diageo's Africa and Asia Pacific president. 

Ivan Menezes, Diageo's CEO, said the changes "strengthen our executive team and enhance our focus on two key growth markets, China and India". 

Meanwhile, John Kennedy, currently the group's Western Europe president will become Europe president and take on responsibility for Russia, Eastern Europe and Turkey.

The appointments are effective from 1 September. 

Diageo also announced today the appointment of Facebook executive Nicola Mendelsohn as a non-executive director.

As of 1 September, Diageo's executive committee will comprise:

  • Ivan Menezes, chief executive
  • Deirdre Mahlan, CFO
  • Nick Blazquez, president of Africa & Asia Pacific
  • David Cutter, president of global supply & procurement
  • Andy Fennell, president of Africa
  • Sam Fischer, president of Greater China & Asia
  • Alberto Gavazzi, president of Latin America & Caribbean
  • John Kennedy, president of Europe
  • Anand Kripalu, CEO of United Spirits
  • Charlotte Lambkin, corporate relations director
  • Anna Manz, group strategy director
  • Siobhan Moriarty, general counsel
  • Syl Saller, CMO
  • Larry Schwartz, president of North America
  • Leanne Wood, HR director

Diageo reports its full-year preliminary results tomorrow. For a preview, click here.

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Diageo plc - Strategy and SWOT Report

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