July 16, 2015 – Egon Zehnder has been retained by Diageo to lead its search for a new chief financial officer. Current CFO, Deirdre Mahlan, has been assigned to take over Diageo’s North American business, once a successor is found. According to sources, Diageo is looking for external candidates to fill the role, a move not typical for the company, which has previously groomed top managers from within.
Diageo is the world’s leading premium drinks business with a wide collection of beverage alcohol brands across spirits, beer and wine. These brands include Johnnie Walker, Crown Royal, J&B, Windsor and Buchanan’s whiskies, Smirnoff, Ciroc and Ketel One vodkas, Baileys, Captain Morgan, Tanqueray and Guinness.
Egon Zehnder’s worldwide financial officers practice group conducts CFO searches for multinational companies at the global, group, regional, and divisional levels, offering specialized expertise in private equity and emerging markets. The firm is currently heading the CFO search for plastics, chemical and refining company LyondellBasell and has recently filled the top finance post for the University of Michigan.
Egon Zehnder specializes in the recruitment and leadership solutions business with more than 400 consultants operating from 69 offices in 41 countries.
Contributed by Scott A. Scanlon, Editor-in-Chief, Hunt Scanlon Media