Diageos Randy Millian will retire next year

Diageo's Randy Millian will retire next year

Diageo has confirmed that the president of its Latin American & Caribbean (LAC) division is set to retire next year.

Randy Millian, who assumed the role back in 2005, will vacate the position, and quit Diageo's executive committee at the end of June. On 1 July, the MD of the firm's West Latin America & Caribbean unit, Alberto Gavazzi, will replace Millian.

When Gavazzi moves up, Millian, 59, will “take on a new non-executive role” as chairman of Diageo LAC, before retiring next year.

To read just-drinks' interview with Millian from earlier this year, click here.