Diageos CEO Paul Walsh is to retire

Diageo's CEO Paul Walsh is to retire

Diageo has lined up a replacement for a long-standing member of its executive committee, who is set to retire.

Diageo Asia Pacific finance director Anna Manz will take over from group strategy director Jim Grover on 1 July, Diageo said yesterday (22 May). Grover, who also gives up his committee seat to Manz, will step down on 30 September. 

Diageo CEO Paul Walsh, who will himself retire this summer, said: “Jim has served on the executive committee of Diageo since 1997 and has played a major role in this business for more than 20 years. I am very grateful to him for his commitment to our brands, values and our people over his long and successful career with Diageo.”

Manz joined Diageo in 1999 and has held roles including finance VP and Diageo North America group treasurer.