Diageo has named Joanne Wilson as its new chief financial officer, with Wilson joining the board and executive committee some time in 2027. Wilson, currently the CFO of WPP, replaces Nik Jhangiani, who joined Diageo as CFO in May 2024 and was briefly interim CEO before Dave Lewis took over the top role this year. The appointment comes as CEO Dave Lewis drives a major restructuring at Diageo, marked by senior executive departures and layoffs. Last month, Lewis announced a $1B cost-cutting plan to help the world's largest spirits maker navigate sustained weak growth. Wilson and Lewis have both previously worked together at Tesco.
Diageo PLCDiageo names WPP's Joanne Wilson as new CFO starting 2027 amid CEO Dave Lewis's restructuring and $1B cost-cutting plan.
WPP PLCWPP loses its CFO Joanne Wilson, who is leaving to join Diageo in 2027.
Tesco PLC