FDBusiness.com

Diageo recently announced that Larry Schwartz, President North America would retire by the end of this calendar year. Diageo has now appointed Deirdre Mahlan (pictured), currently Chief Financial Officer, as his replacement as President Diageo North America. Deirdre Mahlan’s replacement will be announced in due course and until that time she will continue in her current role as CFO of Diageo.

“Diageo North America is a strong business and we are determined to deliver on that strength,” says Ivan Menezes, Chief Executive of Diageo. “Deirdre has been an exceptional CFO and has the skills, together with experience of the market, to lead the next stage of growth in North America.”