Diageo PLC DGE Appointment to Executive Committee

  Diageo PLC (DGE) - Appointment to Executive Committee

RNS Number : 7577Q
Diageo PLC
09 November 2012




                                                                             

                                                                             

9 November 2012

                                      

             Diageo Announces Appointment to Executive Committee

                                      

Diageo has today announced  the following changes  to the executive  committee 
which have immediate effect:



· Andrew Morgan is appointed President, New Businesses. Andrew will report
to Ivan Menezes, Chief Operating Officer.

· John Kennedy is  appointed President, Diageo  Western Europe. John  will 
report to Ivan Menezes.

· Nick Blazquez is  appointed President, Diageo  Africa, Russia &  Turkey. 
The Managing Directors  for those businesses,  Galip Yorgancioglu and  Stephen 
Morley, will report to Nick.



Paul S Walsh, Chief Executive, Diageo, said:



'The Diageo Board and I have  decided that our acquisitions will benefit  from 
dedicated leadership  of the  integration process  and consequently,  we  have 
appointed Andrew Morgan to the new  position of President, New Businesses.  In 
this role he will ensure that  acquisition business cases are met or  exceeded 
and  that  governance  and  compliance   requirements  are  foremost  in   our 
implementation planning and execution. Our  recent transactions in Brazil  and 
Ethiopia, and our  proposed transactions  in India  and South  Africa will  be 
managed under this  governance model. I  am delighted to  have Andrew take  on 
this  critical  role.  He  possesses  immense  transactional  and  integration 
experience having led, amongst  other things, the  integration of the  Seagram 
acquisition in 2002. He has orchestrated  the major expansion of our  business 
in Turkey,  Russia  and Eastern  Europe  and  the operating  model  change  he 
instigated in Western  Europe in 2011  has created a  strong platform for  the 
future of this market.



John Kennedy will now take full responsibility for all countries and functions
in Western Europe. John brings a  wealth of experience to his position  having 
held senior staff and  general management positions  in Australia, the  United 
States, Canada  and Ireland  and  most recently  as Chief  Operating  Officer, 
Western Europe. He will not be replaced in his current role.



Clustering our high growth markets in Africa and Europe under Nick  Blazquez's 
leadership will, I am  sure, continue the  impressive performance momentum  we 
have in each of them.



I believe that these appointments  will further align the organisation  behind 
the achievement of our growth aspirations and medium-term performance goals.'



                                      

                                      

                                     ENDS



For further information:



Media relations

Rowan Pearman: +44 (0)20 8978 4751

Lisa Crane:   +44 (0)20 8978 4771

press.office@diageo.com



Investor relations

Catherine James: +44 (0)7803 854550

Angela Ryker Gallagher:+44 (0)7803 855003

Sarah Paul: +44 (0)7803 856876

investor.relations@diageo.com



About Diageo

Diageo is the world's leading premium drinks business with an outstanding
collection of beverage alcohol brands across spirits, beer and wine
categories. These brands include Johnnie Walker, Crown Royal, JεB, Buchanan's,
Windsor and Bushmills whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain
Morgan, Baileys, Jose Cuervo, Tanqueray and Guinness.



Diageo is a global company, with its products sold in more than 180 countries
around the world. The company is listed on both the New York Stock Exchange
(DEO) and the London Stock Exchange (DGE). For more information about Diageo,
its people and its brands, visit www.diageo.com. For Diageo's global resource
that promotes responsible drinking through the sharing of best practice tools,
information and initiatives, visit www.DRINKiQ.com.



Celebrating life, every day, everywhere.



Forward-looking statements



This document  contains  'forward-looking statements'.  These  forward-looking 
statements can be  identified by  the fact  that they  do not  relate only  to 
historical or current facts. In particular, forward looking statements include
all statements  that  express  forecasts,  expectations,  plans,  outlook  and 
projections with respect  to future  matters, including trends  in results  of 
operations, margins,  growth  rates,  overall market  trends,  the  impact  of 
interest or exchange rates, the availability  or cost of financing to  Diageo, 
anticipated cost savings  or synergies, the  completion of Diageo's  strategic 
transactions and  restructuring programmes,  anticipated tax  rates,  expected 
cash payments,  outcomes of  litigation and  general economic  conditions.  By 
their nature, forward-looking statements involve risk and uncertainty  because 
they relate  to events  and depend  on circumstances  that will  occur in  the 
future. There are  a number  of factors that  could cause  actual results  and 
developments to differ  materially from  those expressed or  implied by  these 
forward-looking  statements,  including  factors  that  are  outside  Diageo's 
control. All oral and written forward-looking statements made on or after  the 
date of this document  and attributable to Diageo  are expressly qualified  in 
their entirety by the  'risk factors' contained in  Diageo's annual report  on 
Form 20-F for the  year ended 30  June 2012 filed with  the US Securities  and 
Exchange Commission (SEC). Any forward-looking statements made by or on behalf
of Diageo speak only as of the  date they are made. Diageo does not  undertake 
to update  forward-looking  statements  to reflect  any  changes  in  Diageo's 
expectations or any changes  in events, conditions  or circumstances on  which 
any  such  statement  is  based.  The  reader  should,  however,  consult  any 
additional disclosures that Diageo may  make in documents it publishes  and/or 
files with the SEC. All readers,  wherever located, should take note of  these 
disclosures. The information in this document does not constitute an offer  to 
sell or  an  invitation to  buy  shares in  Diageo  plc or  an  invitation  or 
inducement to  engage in  any other  investment activities.  Past  performance 
cannot be relied upon as a guide to future performance.









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END


BOALLFIILILAIIF -0- Nov/09/2012 10:15 GMT