Diageo Announces New Chair Appointment

Diageo (DEO) has released an update.

Diageo has announced that Sir John Manzoni will succeed Javier Ferrán as the Chair of its Board in February 2025, following Ferrán’s retirement after eight years of service. Manzoni, who has extensive experience in the beverage alcohol sector and several other industries, is expected to drive Diageo’s global growth in the coming years. Under Ferrán’s leadership, the company has seen significant progress, including an average annual total shareholder return of 8% over the past decade.

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