Diageo’s Kenyan Business Removes Chief Executive Officer Adetu
By Sarah McGregor -
2012-04-28T07:06:09Z
Seni Adetu will step down as chief executive officer of East African Breweries Ltd. (EABL) as of July 1 and move into the same position at Guinness Nigeria Plc (GUINNESS), according to EABL.
He will be replaced by Devlin Hainsworth, now managing director of Guinness Nigeria, according to a statement published in the Saturday Nation newspaper.
EABL, the Kenyan unit of distiller Diageo Plc (DGE), is Kenya’s biggest company by market value. Guinness Nigeria is the country’s second-biggest beer-maker by market value, is the Nigerian unit of Diageo.
To contact the reporter on this story: Sarah McGregor in Nairobi at smcgregor5@bloomberg.net
To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net
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