Diageo Plc Chief Executive Officer Paul Walsh will step down after almost 13 years shaping the company into the world’s largest distiller and hand over the reins to his chief operating officer.
Compass Group Plc, the world’s biggest catering company, said Paul Walsh, the outgoing chief executive officer of Diageo Plc, will become chairman next year.
Diageo Plc Chief Executive Officer Paul Walsh was paid less by the Smirnoff vodka maker last year after getting a smaller amount from a long-term incentive plan.
Diageo Plc’s Chief Executive Officer Paul Walsh is seen as a leading candidate to replace Unilever’s Chairman Michael Treschow, the Sunday Times reported, citing unidentified people with knowledge of the matter.
Diageo Plc, the maker of Johnnie Walker Scotch whisky, will consider acquisitions in countries including China and may list its shares in Asia in coming years, Chief Executive Officer Paul Walsh said.
Business Minister Michael Fallon signaled support for exempting Britain’s smallest companies from some employment regulations, arguing it would encourage them to hire staff.
Diageo Plc, the maker of Johnnie Walker whiskey, reported first-half sales growth that matched analysts’ estimates as rising demand for liquor in emerging markets offset a slowdown in Europe.
What draws chefs to the City, hub of Europe’s multibillion-dollar financial-services industry?
"BASF has ended up owning once more a business it wanted to exit, with low growth, margins and returns."
- Paul Walsh on Dec 19, 2014