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News Breaks
March 28, 2014
06:15 EDTDEODiageo shakes up executive team
Ivan Menezes, CEO, announced: "Over the last few years the scale and shape of our business in Asia Pacific has transformed, primarily by the acquisitions we have made in India and Greater China. These markets are key growth engines for Diageo, and Gilbert Ghostine will now focus on the development of our position in India and China, a position which he orchestrated as he led the expansion of our business in Asia Pacific. I have also asked Gilbert to take on the newly created role of Chief Corporate Development Officer, responsible for Business Development. In addition he will be responsible for our relationship with MoŽt Hennessy and will join me on the MoŽt Hennessy/Diageo Joint Committee. Gilbertís title will be President, Diageo India and Greater China, and Chief Corporate Development. My second change is to reconfigure the leadership of our emerging markets outside Latin America and Caribbean and Nick Blazquez is appointed President, Diageo Africa, Eurasia and Pacific. I have decided that our Global Supply and Procurement function will report to Deirdre Mahlan, CFO. David Gosnell, President Global Supply and Procurement, is retiring from the Diageo Executive Committee at the end of this financial year and David Cutter, currently International Supply Centre Director, is appointed President Global Supply and Procurement and will join the Executive Committee reporting to Deirdre."
News For DEO From The Last 14 Days
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July 30, 2015
06:59 EDTDEODiageo CEO sees stronger volume growth, top line performance in FY16
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06:57 EDTDEODiageo sees productivity gains to release further GBP500M of cost
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06:56 EDTDEODiageo reports FY EPS before items of 88.8p
Diageo reported FY net sales up 5%, with full consolidation of United Spirits. Reported FY free cash flow of GBP2B, up GBP0.7B. Reported FY organic net sales flat, with organic operating margin up 24bps. Reported FY shipment volume down 1%; depletion volume is estimated to be up 1%.
July 28, 2015
12:00 EDTDEODiageo announces restructuring of South African, Namibian operations
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July 24, 2015
08:39 EDTDEODiageo investors right to be nervous, says Bernstein
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July 23, 2015
15:29 EDTDEODiageo drops nearly 5% following WSJ report of excess inventory shipments
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15:23 EDTDEOSEC investigates Diageo over excess inventory offloading, WSJ says
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14:59 EDTDEOSEC probing allegations of Diageo shipping excess inventories, WSJ reports
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July 21, 2015
10:01 EDTDEOOn The Fly: Analyst Initiation Summary
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