Paul Walsh to Become Diageo Group Chief Executive On September 1, 2000; Diageo Announces New Senior Management Team.Business Editors LONDON--(BUSINESS WIRE)--July 24, 2000 Diageo (NYSE NYSE See: New York Stock Exchange : DEO DEO Deodorant DEO Diversification de l'Economie de l'Ouest Canada (Western Economic Diversification Canada) DEO Diversification de l'Économie de l'Ouest Canada (Western Economic Diversification Canada) ), the international food and drinks company, today announced that Paul Walsh Paul Anthony Walsh (born 1 October 1962 in Plumstead, London) was a diminutive and pacy centre forward who shot to fame in the 1980s after joining Liverpool. Playing career Charlton Athletic , currently Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , will succeed John McGrath John McGrath could refer to:
Commenting John McGrath said, "Last week we announced our plans to combine Pillsbury with General Mills  This article or section may contain a proseline.Please help [ convert this timeline] into prose or, if necessary, a . and to bring together Guinness and UDV into one beverage alcohol business. Six weeks ago we signalled the planned partial flotation of Burger King. These moves together complete the latest stage of Diageo's strategic development. This will be the right time for me to hand over to Paul Walsh. The business he will lead is the world's leading spirits, wine and beer company. Paul Walsh is a man of outstanding vision and great talent. Backed by a first rate team, I am confident that he will take Diageo to great success in the years ahead. Until my retirement I will be working with Paul and our new Chairman, James Blyth James Blyth is the name of:
Following the decision to combine Guinness with UDV, Diageo has also today confirmed its new senior management team. With effect from September 1, 2000, Diageo's Executive committee will comprise:
Paul Walsh Group Chief Executive Diageo and CEO Guinness/UDV
Jack Keenan Deputy CEO, Guinness/UDV
Jim Grover Group Strategy Director
John Lilly CEO of The Pillsbury Company
Andrew Morgan Group Chief Information Officer & President New
Business Ventures
Tim Proctor Group General Counsel
Nick Rose Group Finance Director
Colin Storm CEO of Burger King
Gareth Williams Group Director of Human Resources
Paul Clinton President, North America, Guinness/UDV
Stuart Fletcher President, Key Markets, Guinness/UDV
Rob Malcolm President, Global Marketing, Sales & Innovation,
Guinness/UDV
Ian Meakins President, European Major Markets and Global Supply,
Guiness/UDV
Ivan Menezes President, Venture Markets Guinness/UDV
Members of the Diageo Executive committee report to Paul Walsh. He, together with Jack Keenan Jack Keenan (June 8, 1919 - February 1977) was an American football guard in the National Football League for the Washington Redskins. He played college football for the University of South Carolina. , Nick Rose and Colin Storm are also members of the Diageo plc Board. There are no changes to the membership of the Diageo Board. Commenting on these appointments Paul Walsh said, "The new Executive committee has been designed to support Diageo's strategic realignment re·a·lign tr.v. re·a·ligned, re·a·lign·ing, re·a·ligns 1. To put back into proper order or alignment. 2. To make new groupings of or working arrangements between. behind beverage alcohol. By focusing on beverage alcohol, Diageo is placing itself at the center of one of the most exciting consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and markets. This team has a balance of great experience and energy with proven skills in marketing and operational delivery. We're very excited by the opportunities and challenges that we see ahead." Notes to editors 1. Diageo Diageo is one of the world's leading consumer goods companies. Formed in December 1997 through the merger of Grand Metropolitan PLC and Guinness, Diageo has an outstanding portfolio of world famous food and drinks brands including Smirnoff, Johnnie Walker Johnnie Walker is a brand of Scotch whisky produced in Kilmarnock, Scotland. It is the most widely distributed brand of Scotch whisky in the world, sold in almost every country and with yearly sales of over 120 million bottles. , Guinness, J&B, Tanqueray and Burger King. Diageo employs some 72,000 people across more than 200 markets worldwide. On June 22, 2000, Diageo announced its intention to spin-off up to 20% of its Burger King business. On July 17, 2000, the company announced the proposed combination of its Pillsbury food business with General Mills of the US. For more information about Diageo and its brands, go to www.diageo.com. 2. Biographies Paul Walsh Paul Walsh is currently Chief Operating Officer of Diageo plc. He was appointed to this position on January 1, 2000. Previously, he was Chief Executive Officer of Pillsbury from 1992 and he joined the Board of GrandMet in 1995. He originally joined GrandMet's brewing division Watney, Mann and Truman Brewers in 1982 as a Financial Planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against and Accounts Manager. Paul was educated at Manchester Polytechnic (now Manchester Polytechnic University). Born in Manchester in May 1955 he is married with one son. John McGrath John McGrath was appointed Group Chief Executive of Diageo plc when the company was created in December 1997. Prior to the merger of Guinness and Grand Metropolitan, which created Diageo, he was Group Chief Executive of GrandMet, a position he had held since March 1, 1996. He had previously held a number of senior positions at International Distillers & Vintners (IDV IDV intermittent demand ventilation. ), GrandMet's spirits and wines business, including Managing Director, Chief Executive and Chairman. He joined IDV in 1991 as Joint Managing Director and was appointed to the GrandMet Board in 1992. John McGrath joined GrandMet from Compair Ltd in 1985 as Group Director of Watney Mann and Truman Brewers Ltd. In May 1986 he became Managing Director and later that year Chairman and Managing Director of GrandMet Brewing. In September 1999, Boots plc announced that John McGrath would become its non-executive Chairman with effect from July 2000 prior to his retirement from Diageo in December 2000. John was educated at Brunel University. Born in Ruislip in June 1938, he is married with two children. Jack Keenan Jack Keenan is currently Chief Executive of UDV and a member of the Diageo plc Board. He was appointed to both positions in December 1997. Jack originally joined International Distillers & Vintners (IDV) as Chief Executive in March 1996 when he was also appointed to the Board of GrandMet. Prior to this he spent more than 30 years in marketing and general management positions with the General Foods Group and Kraft Foods International, subsidiaries of the Philip Morris Companies, rising to Chairman, Kraft Foods International. Jack was educated at Tufts University in Boston and Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. . Born in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of in October 1936, he is married with one son. For more information about Diageo and biographies of all other members of the Diageo Executive and Diageo plc Board go to www.diageo.com |
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