7th Dec 2005 14:00
Diageo PLC07 December 2005 7 December 2005 LAURENCE DANON TO JOIN THE DIAGEO BOARD Diageo plc announced today the appointment of Laurence Danon, Chairman of theManagement Board and CEO of France Printemps, to the Diageo board, effective 1January 2006. Her appointment brings to eight the number of Diageo's independent non-executivedirectors. She will be appointed to the Audit Committee, Remuneration Committeeand Nomination Committee. Commenting on the appointment, Lord Blyth said: 'Laurence has a high level of experience in government and internationalindustry and current knowledge of running a large, European, customer focusedconsumer business. These attributes will further enhance our board and we lookforward to welcoming her to Diageo.' -ends - Diageo investor relations enquiries to:Sandra Moura +44 (0) 20 7927 4326 [email protected] Diageo media enquiries to:Isabelle Thomas +44 (0) 20 7927 5967 [email protected] France Printemps media enquiries to:Corinne Berthier +33 (0)1 42 82 42 60 [email protected] Notes to Editor: 1. Diageo's chairman is James Blyth. Other non-executive directors are: LordHollick (Senior Independent Director and chairman of the RemunerationCommittee), Dr Franz Humer, Maria Lilja, William Shanahan, Jonathan Symonds(chairman of the Audit Committee), Todd Stitzer and Paul Walker. Executivemembers of the board are Paul Walsh (CEO), Nick Rose (CFO). 2. Diageo is the world's leading premium drinks business. With its globalvision, and local marketing focus, Diageo brings to consumers an outstandingcollection of beverage alcohol brands across the spirits, wine and beercategories including Smirnoff, Guinness, Johnnie Walker, Baileys, J&B, Cuervo,Captain Morgan and Tanqueray, and Beaulieu Vineyard and Sterling Vineyardswines. Diageo trades in some 180 countries around the world and is listed onboth the New York Stock Exchange (DEO) and the London Stock Exchange (DGE).Diageo had a market capitalisation of £24.8 billion as of the close of businessof the London Stock Exchange on Tuesday, 6 December 2005. For more informationabout Diageo, its people, brands and performance, visit us at www.diageo.com 3. France Printemps is one of the leading department stores in France, employingover 5,000 people in 17 stores, including its flagship store on BoulevardHaussmann. It is structured around the specialist retail categories of women'sand men's fashion, lingerie, beauty and accessories, interior design andtableware, kids and leisure and had sales of Euros 958 million in 2004. It iswholly-owned by PPR (formerly Pinault-Printemps-Redoute), one of Europe'sleading companies, whose strategy is focused on leadership in retail and luxurygoods. PPR has sales of Euros 24.2 billion in 2004 and employs some 82,000people in 65 countries. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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