Diageo has announced that Andrew Morgan, president, new businesses, is to retire from the business. Morgan will step down from the executive committee on June 30, 2014 and leave the company on 30 September 2014, following which he will continue to build a portfolio of non-executive board positions.
“Andrew has played an instrumental part in growing Diageo over his 27 years with the company. He has spent over 12 years on our Executive Committee and has enjoyed a career of enormous breadth and contribution," says Diageo chief executive Ivan Menezes. "I am grateful to him for the major role he has played in extending Diageo’s outstanding global reach and presence in high growth markets. Everyone at Diageo wishes Andrew well in his future endeavours.”
Prior to his appointment as president, new businesses in November 2012, Andrew spent seven years as president, Diageo Europe. He has held a succession of marketing, strategy and general management positions with Guinness and Diageo since he joined Guinness Plc in 1987.