Diageo plc Shake-Up: Guinness Maker’s New CEO Cuts Top Ranks as U.S. Slump Bites
Diageo plc is set to lose several top executives, with North America chief marketing and innovation officer Ed Pilkington, Africa president Hina Nagarajan, and chief human resources officer Louise Prashad all on their way out. The shake-up comes as new CEO Dave Lewis moves forward with broad changes at the Guinness and Johnnie Walker parent, according to Bloomberg, which cited sources familiar with the situation. These shifts are coming into focus as Lewis shifts gears from identifying problems to actually making moves. Diageo is still working to shore up investor confidence after disappointing sales, a trimmed dividend and a steep drop in its share price. The trouble spot remains North America.
