Diageo Seeking New Chairman

By Publications Checkout
Diageo Seeking New Chairman

Diageo has enlisted a corporate headhunter, the JCA Group, to find a successor to its outgoing chairman Franz Humer, thedrinksbusiness.com reports.

Humer, who is also the chairman of FMCH giant Roche, has been at Diageo’s helm since 2008. Replacing him will be one facet of “careful long-term boardroom succession planning,” a Diageo source was quoted as saying by Sky News.

The development comes during a transitional time for the drinks multinational: it is in the process of offloading the vast majority of its wine brands, as well as selling many of its assets in Asia, as part of an effort to concentrate on its core brands. It has also founded its own Scotch whisky subsidiary.

© 2015 European Supermarket Magazine – your source for the latest retail news. Article by Peter Donnelly. To subscribe to ESM: The European Supermarket Magazine, click here.