ASIA: Diageo details Asia Pacific MD departure
Diageo has provided further details on the recently announced departure of its Asia Pacific head.
Last week, the company confirmed that Gilbert Ghostine, the current managing director of its Continental Europe division, will replace John Pollaers as managing director of Diageo Asia Pacific.
Diageo told just-drinks yesterday (29 June) that Pollaers is leaving the company "to pursue his ambition to be the chief executive of a major public company". The company declined to name the company Pollaers is moving to.
"It was clear that this ambition is unlikely to be realised within Diageo in a timescale consistent with his aspirations," a Diageo spokesperson said. "Together it was decided that it was best to make a change as part of our current organisational review. This will allow us a fast and settled start to fiscal year 2010, which starts on 1 July."
In 2004, Pollaers, then MD of Diageo Australia, moved to head up Diageo's Asia Key Markets division, before he became leader of the Asia Pacific unit when it was created in 2007.
Diageo's CEO, Paul Walsh, said: "John's career in Diageo and Guinness has spanned a series of roles of growing seniority.
"John has made very clear his intention to ensure a smooth transition and Gilbert's success. He will then work for me on a number of key projects over the next few months. For now I want to thank him for his dedication and leadership in many different roles."
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